Monday, November 14, 2011

Above the Law: Insider Trading on Capitol Hill



On Saturday, there was a CD post featuring a preview of the "60 Minutes" segment "Congress: Trading stock on inside information?" The full episode aired last night and appears above; it's based on Peter Schweizer's forthcoming book, "Throw them All Out." Following a preview by Steve Kroft, here's how the segment opens:

Peter Schweizer: "This is a venture opportunity [being in Congress], this is an opportunity to leverage your position in public service, and use that position to enrich yourself, your friends and your family."

4 Comments:

At 11/14/2011 9:04 AM, Blogger VangelV said...

Great argument for a very limited government that has no power to redistribute wealth and pick winners.

 
At 11/14/2011 9:30 AM, Blogger juandos said...

"Great argument for a very limited government that has no power to redistribute wealth and pick winners"...

Absolutely vangeIV...

Is this an example of what might pass for insider trading or maybe crony capitalism?

 
At 11/14/2011 10:03 AM, Blogger rjs said...

another bad link...

(to your previous post)

 
At 11/14/2011 10:14 AM, Blogger Mark J. Perry said...

Sorry and thanks. It's a Blogger issue, but it's fixed now.

 

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