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THOUGHT FOR THE DAY!

"I am strongly in favor of using poisoned gas against uncivilized tribes. The moral effect should be good...and it would spread a lively terror.... "-- Winston Churchill commenting on the British use of poison gas against the Iraqis after World War I

 

Pelosi, Kerry and more than 50 other members of Congress Have Direct Financial Stake in the Bailout.

Pelosi, in her most recent financial disclosure form, reported that her husband owned between $250,000 and $500,000 of stock in AIG, which ceded majority control to the U.S. government this week in exchange for $85 billion of loans.

Kerry, the 2004 Democratic presidential nominee, disclosed that his wife, Teresa Heinz Kerry, had more than $2 million of AIG stock at the end of 2007...

Altogether, 56 senators and representatives had stakes in AIG, Lehman, Fannie Mae, Freddie Mac, Bear Stearns Cos. or IndyMac Bancorp Inc. -- some of the biggest casualties of the market bloodbath.

Comments

Cindy Liquidates blind fund conveniently?

justice

Interesting to note that Cindy McCain liquidated her blind fund stock in AIG,LEHMANNS,Freddie and Fannie,before the meltdown,and one of McCains LONG-TIME lobbyists(Timmons),NOW McCAINS main financial advisor worked inside Freddie(or was it Fannie) since 2000?
Wonder if he 'tipped off' Cindy McCain about the choppy financial 'seas' coming.
Especially as Paulson/Bernanke/Reubens etc had MADE CONTIGENCY plans for this 700billion BAILOUT months BEFORE it happened?
Smells a BIT McCain-ishy to me!