Congressmen profited from inside information in the collapse?


	Congressmen profited from inside information in the collapse?

jatfla

6-29-2009 7:25 PM

109 views

jatfla says:

Amen to the last statement of the clip. I'm sick of all of them. Only within the last few years have I begun to realize how corrupted Washington (and everyone, I guess) truly is. I'll admit to being naive because I was raised to be honest...or suffer the consequences.

If other high-profile names can be prosecuted and sent to prison...why not these?? And I don't care about their Party affiliation.

1 Comment |

Add a Comment

6-29-2009 11:30 PM

dl211

Corrupt Congressional members seems to have become an epidemic.

Login to Comment. Not a member yet? Sign up

Today's Top Clips

visit the Top Clips page

View the Top Clips from June 29, 2009

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/ebad7dd4-de1e-463d-8918-77a95197e945/951866AF-EC31-4FEB-98B0-207AD8772BFA/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/" href="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/" style="font-size: 11px;">hotair.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><H2>Congressmen profited from inside information in the collapse?</H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/">The Culture of Corruption continues!</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"> guess who made a killing on bank stocks while Congress debated bailing out the financial sector?</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><P>As financial markets tumbled and the government worked to stave off panic by pumping billions of dollars into banks last fall, several members of Congress who oversee the banking industry were grabbing up or dumping bank stocks.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><STRONG>Ohio Rep. Charlie Wilson</STRONG></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"> Rep. Ginny Brown-Waite</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><li style="margin-left:16px;padding-left: 0px;">Carolyn McCarthy (D-NY)</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><li style="margin-left:16px;padding-left: 0px;">Jackie Speier (D-CA)</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><li style="margin-left:16px;padding-left: 0px;">Shelly Moore Capito (R-WV)</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><li style="margin-left:16px;padding-left: 0px;">Judith Biggert (R-IL)</LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/"><P>Of the five women, at least two of them — Capito and Speier — blame their spouses for their transactions.  But where did the spouses get their information?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/">The US prosecuted inside-information traders in the 1980s and 1990s for similar transgressions, </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://hotair.com/archives/2009/06/29/congressmen-profited-from-inside-information-in-the-collapse/">We didn’t elect them to position themselves to profit while the rest of us lost big chunks of our retirement funds. </blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/951866AF-EC31-4FEB-98B0-207AD8772BFA/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

New from the makers of Clipmarks: Amplify.com - Don't just share the news...Amplify it!

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Copyright; Privacy; EULA

Search Options

Today's Top Clips