Lawmakers are considering yet another bill to ban insider trading. But the term "insider trading" seems open to interpretation. Senior Producer Paddy Hirsch helps us understand what it is and why it's a big deal.
In the midst of debates that could potentially tighten the rules on insider trading in Washington, the head of the House Financial Services Committee faces serious allegations.
Republicans in the House of Representatives have introduced their version of an anti-insider trading bill. The version that passed the Senate had provisions that focused specifically on those who traffic in 'political intelligence.'
The former billionaire hedge fund manager convicted of insider trading reports to prison today. It isn't so cushy at Club Fed anymore, as more upscale federal prisons used to be called.
Reporter Richard Teitelbaum discusses U.S. Treasury Secretary Henry Paulson and information given in advance to hedge fund managers on Fannie Mae and Freddie Mac interventions.
