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From Wandery, I'm Lindsay Graham and this is American Scandal.

In the world of finance, the hedge fund SAC Capital was in a league of its own.

Founded by the investor Stephen Cohen, SAC grew to be one of the biggest and most powerful firms on Wall Street.

But SAC Capital's dominance wouldn't last.

The hedge fund faced accusations of insider trading and several of its employees were charged with crimes.

And after enduring a series of bruising investigations, SAC Capital settled with the government, pleading guilty to charges of fraud and agreeing to stop taking outside investments.

The investigation into SAC Capital renewed the public's focus on financial crimes and it highlighted how investors on Wall Street often play by a different set of rules than the rest of the American public.

The same issue has come up as members of Congress have come under fire for their own investments in the stock market.

Legislators have faced accusations of self-dealing and now find themselves under pressure to forego stock trading altogether while in office.

My guest today is Dave Leventhal, deputy Washington Bureau chief for the publication Insider.

Last December, he and his colleagues began publishing a series of articles under the banner Conflicted Congress.

They are reporting found that federal legislators were routinely breaking a law intended to protect against insider training, a finding that's been credited with pushing Congress to take action on the issue.

In our conversation, we'll look at some of the more shocking discoveries from Leventhal's reporting and discuss whether Congress might be willing to set aside partisan divides, pass new sweeping legislation.

Our conversation is next.

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