Book suggests Kerry gained from inside information
Mass. senator, other lawmakers deny allegations
A new book on insider trading by members of Congress accuses Massachusetts Senator John Kerry and his wife of profiting from trades in health care stock at the same time he was working on health care legislation on Capitol Hill. The book, by a conservative researcher at the Hoover Institution, alleges that the Kerrys’ trades occurred during debate and passage of the recent health care overhaul as well as during debate and passage in 2003 and 2004 of a Medicare prescription drug benefit. Kerry’s aides said he has little to no control over the trading accounts - most are in his wife’s name - and did not profit from insider knowledge.
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