HOUSTON, Nov. 17, 2011 /PRNewswire/ -- Former US Representative Brian Baird will appear live on Tim Connolly's Winning Strategies on Friday, November 18 at noon CT. Dr. Baird will discuss the Stop Trading on Congressional Knowledge (STOCK) Act, a bill Co-Sponsored by his successor in Southwest Washington's 3rd Congressional District, Jaime Herrera Butler. This bill is similar to a bill Baird introduced several times while in Congress, but was never passed. The story was featured a recent episode of 60 Minutes. Listen live on www.winningstrategies.net, CRN Digital Talk Radio Network on CRN 4, broadcast by over 200 affiliate stations nationwide listed at www.crntalk.com, and on CBS Radio 650AM Houston (www.cbshoustontx.com) on Saturdays at 5 p.m. CT. Winning Strategies is sponsored by Corporate Strategies Merchant Bankers, a First Data institutional representative (www.corporatestrategies.net).
Previous guests of Tim Connolly's Winning Strategies (formerly Corporate Strategies) have included former SEC Chairman Arthur Levitt, Changewave's Tobin Smith, CNBC "Mad Money" Host Jim Cramer, Gamco's Mario Gabelli, Muriel Siebert, U.S. Senator and Presidential Candidate John McCain, Texas oilman Lester Smith, ATP Oil & Gas CFO Albert Reese, Envision Capital Management CEO Marilyn Cohen, CEO of Huntsman Corporate Jon M. Huntsman, Consolidated Graphics CEO Joe Davis, Enterprise Products CEO Dan Duncan, Celgene's CEO John Jackson, Landry's CEO Tilman Fertitta, former Compaq CEO Eckard Pfeiffer, Money Manager Louis Navellier, and many others.
About Brian Baird and the STOCK Act
Brian Baird (D-Wash) served 6 terms in the US House of Representatives and now works in the private sector. During his tenure in Congress, Dr. Baird served on the House Transportation Infrastructure Committee and the Budget Committee, where he was granted top-level access to fiscal policy decision making, while working to create the federal budget resolutions that govern spending throughout the nation.
The STOCK Act would prohibit members of Congress, their employees, and Executive Branch staff members from profiting from nonpublic information they obtain through their positions. They would be prohibited from buying or selling securities, swaps, or commodity futures based on nonpublic information they obtain through their jobs; prohibited from sharing non-public information about legislative action for purposes of investing or profiting from investment; and required to report investment transactions valued in excess of $1,000. "Brian Baird deserves a lot of credit for highlighting this needed reform -- both as a Member of Congress, and recently as a regular citizen," said Herrera Beutler. "There's no place for insider trading in this country – not on Wall Street, and most certainly not in Congress. We've all seen the fallout when folks in privileged positions put their own profit above ethics. I hope we pass this bill to ensure Congress keeps its focus on serving the public good."
About Winning Strategies
Tim Connolly's Winning Strategies (www.winningstrategies.net), formerly known as Corporate Strategies, is a network of financial news resources that provides you with the Low-Risk, High-Reward Strategies for Success necessary to succeed in today's fast-changing, competitive investment and business environment.
SOURCE Winning Strategies