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Office of Congressional Ethics review of Spencer Bachus’s 2008 trades

After the 60 Minutes report the Office of Congressional Ethics opened a review of whether Bachus engaged in insider trading. Its board voted 6 to 0 to dismiss the allegations, according to a statement from his office, in April 2012.

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Dates
Nov 2011 – Apr 2012

Connections 2

involved

  • Office of Congressional Ethics its board voted 6–0 to dismiss the allegations, according to a statement released by Bachus’s office Scholarship & press 1
  • Spencer Bachus said the dismissal was “a welcome conclusion”; says he never used insider information Scholarship & press 12
Timeline 1 date
  1. Nov 2011 – Apr 2012 Office of Congressional Ethics review of Spencer Bachus’s 2008 trades
Proof 2 sources
  1. Bachus Claims Vindication in Ethics Case, American Banker, 1 May 2012. Scholarship & press
    The office's board voted 6-0 on Friday to dismiss the allegations, according to a statement released by Bachus' office.
    The OCE's unanimous dismissal of these false allegations is a welcome conclusion to a destructive and disruptive, media generated assault,
  2. Congress: Trading stock on inside information? (script of “Insiders”, 60 Minutes), CBS News, 13 Nov 2011. Scholarship & press
    However, his financial disclosure forms seem to indicate otherwise. Bachus made money trading General Electric stock during the crisis, and a third of GE's business is in financial services.
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  1. Add 55 stories, each checked against its sourcesAlibek96e92fe6

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