Congress Is Teeming With Millionaires

[Generic Other]

<snip>According to a new study compiled by the Center for Responsive Politics, 237 members of the U.S. Congress, or 44 percent, are millionaires...


In 2008, the same year that the federal government bailed out several U.S. banks, the second most commonly held stock among members of Congress was Bank of America, the data showed. Other popular bank stocks included Wells Fargo, Citi Group and Goldman Sachs, all of which received congressionally approved funds.

And as Congress continues to work on the issue of health care reform, Levinthal noted that industry-related stocks were also commonly held by many on Capitol Hill.

"Pfizer was the sixth most commonly held stock in 2008, for instance," Levinthal said. "Oftentimes, members of Congress are heavily invested in companies who will be affected by decisions the federal government makes." <snip>

http://www.sphere.com/2009/11/06/44-percent-of-congress-are-millionaires/

REVOLUTION NOW!

[L0oniX]

1. Kinda like insider trading ...isn't it?

[Generic Other]

2. they should share cells with maddoff

graft, corruption, theft, bribery...nothing too low for these scumbags!

[defendandprotect]

3. Remember "blind trusts" . . . ???