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Mon, Nov. 14 2011 06:16 PM EDT

'60 Minutes' Exposes Congressional Insider Trading

By Amanda Winkler
Most people understand that insider trading is illegal. However, what most people probably aren’t aware of is that Congress is exempt from that law. Senators and congressmen are legally able to trade stock based on the private information they have received from their official positions. According to CBS News’ “60 Minutes” that aired Sunday night, Congress utilizes this power to the best of their ability. (A link to this page will be included in your message. )

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