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Spencer Bachus Cancels Vote on Insider Trading Ban

From BusinessInsider: The House Financial Services Committee canceled a scheduled “mark-up” of a bill to ban congressional insider trading last night, amid concerns that the committee’s chairman, Spencer Bachus, was moving forward with the bill to take the heat off

New York Times: Time to Ban Profit-taking Inside Congress

From The New York Times: The ghost of George Washington Plunkitt, the 19th-century Tammany Hall boss who cynically defined “honest graft,” is in the air as bipartisan panic suddenly sweeps Congress over an ethical matter that is old news on

SEC: We Can Prosecute Congressmen For Insider Trading

Yesterday the Senate held a hearing based on the research of Breitbart editor and author of “Throw Them All Out” Peter Schweizer. Schweizer appeared on “60 Minutes” to discuss how it is perfectly legal for Congressmen to use industry insider

Vulnerable Lawmakers Rush to Back Bill Banning Insider Trading

From The Hill: Politically vulnerable lawmakers are lining up as co-sponsors of legislation that would ban congressional insider trading. A “60 minutes” report earlier this month indicated that members of Congress have been trading stocks based on knowledge gained from

Throw Them All Out – Including Politico

In response to this evening’s groundbreaking report on 60 Minutes, which targeted both Republicans and Democrats for insider trading in Congress, Politico has circled the wagons around Washington’s political elite. The CBS story was based on original research by Hoover

Andy Rooney Dead at 92

The Wrap: Andy Rooney, the cantankerous “60 Minutes” commentator known for delivering decades of provocative opinions in a plain-spoken style, has died at 92. Rooney died in a New York City hospital of complications following a minor surgery. “It’s a

CBS: Andy Rooney Hospitalized in Serious Condition

NEW YORK (AP) – Andy Rooney, who delivered his last essay on “60 Minutes” three weeks ago, was in the hospital Tuesday after developing serious complications following minor surgery. CBS said the 92-year-old writer’s condition was stable and, at the

60 Minutes: Armstrong Encouraged Doping

Lance Armstrong’s former teammate Tyler Hamilton says Armstrong and other team leaders encouraged and took part in a doping program in an effort to win the Tour de France in 1999 and beyond. Hamilton’s comments were aired Sunday on “60

Obama and 60 Minutes, Spiking The Football

What a waste of 60 Minutes. Actually, it was more like 42 minutes, but Kroft gave us nothin.’ I will say this was exactly as I predicted, but that would be way too easy. The activist old media is easier

Biased Reporter to Anchor 'CBS Evening News'

Scott Pelley will take over the “CBS Evening News” anchor chair from Katie Couric, effective June 6, according to a story published on the network’s web site, but that’s no cause for excitement. Contrary to glowing comments made about the

Obama: I Won't Release bin Laden Death Photos

From CBSNews: In an interview with Steve Kroft for this Sunday’s 60 Minutes, President Obama says he won’t release post-mortem images of Osama bin Laden taken to prove his death. Video of the comments will appear on the CBS “Evening

Scott Pelley Taking Over for Couric as CBS Anchor

NEW YORK (AP) – CBS says Scott Pelley will take over as its evening news anchor, starting on June 6. The network on Tuesday announced the expected selection of Pelley, the veteran “60 Minutes” reporter, to replace Katie Couric on