American Fishermen Caught in Net of Regulations
By Chief Investigative Correspondent Armen Keteyian and Producer Laura Strickler
(CBSNews) For 37 years the waters off the coast of Mass. were a way of life for fishermen Bill Lee. Then, without warning - it all changed.
"NOAA took a career that I enjoyed and put me out of business," Lee said. "And laughed all the way to the bank."
CBS News chief investigative correspondent Armen Keteyian reports in 2009 NOAA fined Lee $19,000 for catching about 20 extra codfish - nearly three years after he caught them.