'60 Minutes' Blows The Lid Off Congressional Insider Trading

Subject: 
'60 Minutes' Blows The Lid Off Congressional Insider Trading
Posted By: 
Cosmic Observer
Date: 
Monday, December 05, 2011 07:10 am
Members of Congress can legally make trades on
non-public information they obtain during their
official duties, CBS News\' \'60 Minutes\' reported.

Branded \'honest graft,\' lawmakers can use
market-moving information that they learn in
congressional committees to trade on the stock
market - actions that likely would carry stiff jail
and civil penalties if they did not hold public office.

   

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