Public Option Flip Flopping Turns Big Profits


	Public Option Flip Flopping Turns Big Profits

sahara

10-28-2009 8:00 AM

107 views

sahara says:

Wonder how many of our representatives hold these stocks???

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<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/493f817a-dc09-4855-b63c-320ef3b3dc1e/9B8F5AAA-DB38-411F-91D8-9E38A2A43F82/" 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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/" href="http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/" style="font-size: 11px;">fdlaction.firedoglake.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/"><P>News that Senator Max Baucus’ Finance Committee deal on health care financing excluded a public option <A href="http://www.nytimes.com/reuters/2009/07/28/us/politics/politics-us-usa-healthcare.html?_r=1&scp=2&sq=senate%20may%20drop%20public%20health%20care%20option&st=cse">sent health insurance stocks soaring</A> Tuesday. </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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/"><P>Shares of U.S. health insurers rose broadly on Tuesday on hopes a health reform bill would not include a government-run option, which has drawn strong opposition from insurers who fear it would destroy the private marketplace.</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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/"><P> The S&P Managed Health Care index of large U.S. health insurers closed 6.5 percent higher.</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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/"><P> Aetna rose 12.6 percent, Coventry was up 12.7 percent and Cigna was 7.7 percent higher, all on the New York Stock Exchange. Centene rose 7.9 percent. </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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/">Health insurance executives who have poured money into the campaign coffers of Blue Dogs, Max Baucus, Chuck Grassley, Kent Conrad, Joe Lieberman and Susan Collins</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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/">likely made all their money back in the one day rise in stock prices.  The companies themselves, which hold huge amounts of their own stock, surely recouped all of their PAC investments on Tuesday alone.</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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/"> numbers </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://fdlaction.firedoglake.com/2009/07/28/health-insurance-stocks-soar-on-baucus-deal-news/">don’t lie</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/9B8F5AAA-DB38-411F-91D8-9E38A2A43F82/blog/" title="blog or email this clip"><img src="http://content8.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>

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