Person

John Boehner

Republican U.S. Representative; House Minority Leader in 2009 and Speaker of the House when 60 Minutes aired its report.

2 links, 0 backed by primary records

Connections 2

Insiders (60 Minutes) bought health-insurance stocks in 2009, as CBS reported; he and his office said he did not make day-to-day trading decisions and his adviser chose the investments Scholarship & press 1 2

Proof 2 sources

Congress: Trading stock on inside information? (script of “Insiders”, 60 Minutes), CBS News, 13 Nov 2011. Scholarship & press
including House Minority Leader John Boehner, who led the opposition against the so-called public option
Just days before the provision was finally killed off, Boehner bought health insurance stocks, all of which went up.
I have not made any decisions on day-to-day trading activities in my account. And haven't for years.
Later Boehner's spokesman told us that the health care trades were made by the speaker's financial adviser, who he only consults with about once a year.
Lawmakers Deny Insider Trading in ‘60 Minutes’ Report, Roll Call, 13 Nov 2011. Scholarship & press
A source familiar with the issue said that Boehner’s investments in health care came at the behest of his financial adviser, who also recommended a suite of other “blue-chip stocks” to replace a retirement fund associated with his former business.

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