Durbin Cashed Out During Big Stock Collapse: Asset Sales Came After Meeting With Fed, Treasury Chiefs
Joe Shoemaker, spokesman for democrat Illinois senator Dick Durbin said Durbin didn't capitalize on anything Paulson and Bernanke told congressional leaders at the Sept. 18, 2008 meeting.
Oh, I totally believe nothing untoward happened...
sarcasm off.
It certainly pays to be a greedy democrat douche bag.
8 comments:
I admit that I do not know a lot about finances, but this seems an awful lot like insider trading! Am I understanding this correctly?
I know it wasn't a stock firm, but the average person does not get to meet with Fed. Treasury Chiefs who know a bit more than the average Joe.
What makes it any different than insider trading?
After we get the healthcare that our illustrious senators enjoy, will we also get their portfolio management team's counsel?
DURBIN, huh?
Ya think anything will happen to him for this?
BWWWAAAAAAAAAAAAAAAAAA!! (move over, Sandy Berger and Wm Jefferson! What ever HAPPENED to Jefferson's frozen money?)
Yeah, TOTALLY on the up and up, I'm sure...
Ananda Girl: As I understand it, this doesn't constitute insider trading because the Fed. Treasury Chiefs didn't give Durbin any specific facts, just their opinions.
That doesn't mean that this doesn't anger me. I think the Congress & the Senate should have their investments in a blind trust, but do you think they'd ever vote for a law like that? Not on your life.
We are witnessing the greatest power/money grab in the history of the world.
DaBlade: They will legislate the best of the best for themselves and the rest of us get the least of the least.
Z: Nothing will happen to Durbin or the rest of the dems. They will continue to rake in the money hand over fist.
Brooke: Yes, we are being assured that nothing untoward happened, i.e., nothing that can be proved in a court of law. The court of public opinion doesn't matter.
But his spokesman said he didn't capitalize though so what's the problem? This will go nowhere, he's a Dem.
Chuck: Exactly. Move along. There's nothing here to see.
Yeah, right.
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