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Old 11-15-2011, 12:21 AM   #175
Lamplighter
Person who doesn't update the user title
 
Join Date: Jun 2010
Location: Bottom lands of the Missoula floods
Posts: 6,402
Quote:
Originally Posted by ZenGum View Post
I can has explanation plz?
60 Minutes TV show had a segment on how members of congress are exempt from "insider information trading laws" because they are privy to information about upcoming Bills in committees, etc.

The reporter started with Pelosi in what looked like a large press conference, asking if she thought it was ethical for the Speaker to invest in stocks based on such insider information.

Pelosi looked (to me) as though she was caught completely unawares, and tried a couple of times to divert the question.
Finally, she denied she or her husband made such investments.
This was my "deer in the headlights"

Next, the reporter confronted Boehner with the same question, and Boehner gave a similar denial.

Then the reporter talked about several other Congressmen (heads of committees, etc) doing the same thing.
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