Jack Abramoff: The Lobbyist’s Playbook

November 6, 2011

6 Nov – WASHINGTON – Members of Congress and their aides use insider information to make up to hundreds of thousands of dollars trading in the stock market, disgraced lobbyist Jack Abramoff said.  Mr Abramoff, who was one of the most powerful men in Washington before he was convicted of fraud and sent to prison for three years, said lawmakers who had no background in finance bragged to him about their trading at least a dozen times.

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(For more on Washington lobbyists, read Abramoff’s book Capitol Punishment (2011)