That “60 Minutes” piece about how members of Congress have exempted themselves from insider trading laws that upset Nancy Pelosi and other congressional leaders so much is a story that Californians, at least, should find familiar. Chase Davis at California Watch blogs that it was only last year that GOP gubernatorial candidate (and current Hewlett-Packard CEO) Meg Whitman faced scrutiny for her so-called “spinning” of initial public offerings during her time on the board of Goldman Sachs.
Add: And after the Whitman story broke, Sen. Barbara Boxer was accused by her opponent, Carly Fiorina, of engaging in a similar practice early in her senate career.
