https://www.youtube.com/watch?v=l3DZh1109W8
Congress: Trading stock on inside information?
Nov 13, 2011
CBS News
Steve Kroft reports that members of Congress can legally trade stock based on non-public information from Capitol Hill.
Excerpted clip:
https://www.youtube.com/watch?v=ReZ7DdT5ZoI
60 Minutes: Pelosi Insider Trading (2011)
In typical politician fashion, they passed a law that banned Congressmen from using insider information for investments. They later gutted the heart of the legislation. It’s well described in the book “Secret Empires” by Peter Schweizer.
Thank you so much for the links.
I didn’t realize it was about the insider trading that’s been going on for decades.
Why they come out rich. Gee, I wonder why!