Tuesday, December 6, 2011

Watch live hearing on whether Congress should be exempt from Insider Trading Laws

Recent stories have manifest about Congressmen, particularly Nancy Pelosi and several Republicans, profiting on insider information they used to buy into IPO's or stocks that benefitted from legislation they sponsored.

Today, a hearing is taking place over the lawful and ethical ramifications for Congress of being allowed to trade on insider information, while it is a crime to every other American.

You can see the hearings by going to CSPAN, which will make them available on the net shortly.


In the end, I wonder how Martha Stewart feels if the end result of this hearing is a continuation of the status quo?


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