Last November, 60 Minutes aired a report showing that House Financial Services Chairman Spencer Bachus (R-AL) made tens of thousands of dollars trading stock as he was receiving private economic briefings during the height of the 2008 financial crisis. Due to weak insider trading rules, Bachus was cleared of any legal wrongdoing by the Congressional [...]
via ThinkProgress http://thinkprogress.org/economy/2012/06/25/505447/congress-trading-2008-financial-crisis/?mobile=nc
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