Detailed text transcripts for TV channel - CNN - 20180808:16

Detailed text transcripts for TV channel - CNN - 20180808:16:24:00

members and we have a trading fest going on during which they save $750,000 in potential losses because of the insider information. the poor members of the public who find out about it the next day get crushed because the stock plummets by over 90%. this is a classic insider trading case. and what's not classic about it, though, is we have a congressman who sat on the board of directors of a company, pharmaceutical type company, that was doing, you know, a major trial in a case. he makes the laws releasing to this. he's the one the fda answers to in these trials. so i think that's very surprising in and of itself. >> forgive me. i'm not sure if this is a legal question or common sense question in the sense that if this played out as just detailed by the u.s. attorney, seven times trying to call his son on a cell phone, standing on the white house grands because he's there for congressional picnic. then they go to the fiance's family's house. then the next day they sell the

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