Oops, My Bad, Insider Trading Edition

Congressional members met with the Treasury Secretary and the Chairman of the Federal Reserve in September over potentially troubled banks and the need for legislation to save some of them. The next day, before the information was made public and anyone could have a chance to react, the number 2 Senate Republican cashed in over $40,000 of stock and reinvested it in other venues, making a total of over $116,000 that he dumped out of the stock market in September, as it was falling. There have been numerous calls from congress and the media for an immediate investigation into insider trading by the Republican, as well as calls for his resignation.

Oops, my bad.

It was actually Dick Durbin, the number 2 Democrat in the senate, and the silence from congress and the media is deafening.