Monday, December 5, 2011

'60 Minutes' Blows The Lid Off Congressional Insider Trading

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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