varvelblog - 60 Minutes’ Steve Kroft’s reporting, based on a book, “Throw Them All Out,” by Peter Schweizer, uncovered the lucrative investments, Congressmen make after they get privileged information. Members of both parties have profited from this practice. Now, this just in: Reuters’ Dave Clarke WASHINGTON | Thu Nov 17, 2011 6:00pm EST - A House of Representatives panel will hold a hearing early next month on legislation aimed at preventing members of Congress from making investments based on insider knowledge. The bill is called the “Stock Act of 2011.” Hmmm. There were attempts in the past to move this bill but it never got any attention. Thanks to Schweizer and 60 Minutes, this bill is finally getting some action. I tweeted today, that Martha Stewart’s biggest mistake was not becoming a member of congress. She could’ve avoided prosecution...
