Bailing Out Their Investments
If this doesn't prove the whole thing was a sick joke on us all, I don't know what will.
Lawmakers Invested in Bailed-Out Firms
"Top House lawmakers had considerable holdings in major financial institutions that took billions of dollars in taxpayer bailouts at the end of last year, according to annual financial disclosure reports released yesterday.
From stock holdings to retirement funds to mortgages, more than 20 House leaders and members of the House Financial Services Committee had large personal stakes in the Wall Street powerhouses whose collapse last year led to an unprecedented government intervention in the marketplace."
"At least 18 members of the House Financial Services Committee -- which oversees the banking and housing industries at the core of the economic meltdown -- held stock last year in firms that received federal bailout assistance, according to a review of the forms that were available yesterday."
thanks!
Lawmakers Invested in Bailed-Out Firms
"Top House lawmakers had considerable holdings in major financial institutions that took billions of dollars in taxpayer bailouts at the end of last year, according to annual financial disclosure reports released yesterday.
From stock holdings to retirement funds to mortgages, more than 20 House leaders and members of the House Financial Services Committee had large personal stakes in the Wall Street powerhouses whose collapse last year led to an unprecedented government intervention in the marketplace."
"At least 18 members of the House Financial Services Committee -- which oversees the banking and housing industries at the core of the economic meltdown -- held stock last year in firms that received federal bailout assistance, according to a review of the forms that were available yesterday."
thanks!
posted by nolocontendere at 10:36 PM
3 Comments:
Okay, now WHO or WHAT govt agency is going to check and balance THIS obvious ABUSE of Power?
What? Another drive-by rape by my ever-lovin' gov'ment?
I hardly noticed that bending over, there's been so many over the past 28 years.
Hell, I can't even rip a decent fart anymore!
nick - an oversight oversight committee?
You know dad, that 28 year number is oh so correct, I was just ruminating the other day on how the bus plunged off the cliff when the Reagan mob fouled Washington.
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