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CNN Anderson Cooper 360 December 14, 2011



information, information they learned through briefings or reports to make money, something regular people like us would be arrested for. why does congress get a pass on this? it s really the way the rules have been defined and the people who make the rules are the political class in washington and they ve conveniently written them in such a way that they don t apply to themselves. the buying and selling of stock by corporate insiders who have access to nonpublic information that can affect the stock price can be a criminal offense. just ask raj rajaratnam, who got 11 years in prison for doing it. but congressional lawmakers have no corporate responsibilities and have long been considered exempt from insider trading laws even though they have daily access to nonpublic information and plenty of opportunities to trade on it. we know that during the health care debate, people were trading healthcare stocks, we know that during the financial crisis of 2008, they wer ....

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FOXNEWS Happening Now November 30, 2010



did not cast any vote whatsoever. and some crossed party lines. there were a handful of republicans who voted against the earmark ban, there were a handful of democrats who voted for it. but there will be no earmark ban, at least for now, according to the wishes of the united states senate. jenna: all right jon. i guess we re going from talking about pork to talking about this, you like the way it works out? very strong action when it comes to food safety, the senate passing the fda food safety modernization act and an important thing to know about this act t. really gives more power to the fda, for example, where previously the fda could not mandate a food recall, the company had to voluntarily do it, this bill would give the fda that power. the authors of the bill say it s the most important thing for our food supply in this country in decades. so what happens next? the bill goes back to the house. it s expected to pass there. then on to the president s desk. jon: rig ....

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