Republican Senator Dumps Stocks Days Before Crash

Via Legal Insurrection:

How Congress Insider Traders Abused The Public’s Trust During The Financial Crisis

Senator Sheldon Whitehouse of Rhode Island also made a flurry of trades in the days after the Paulson-Bernanke meeting with legislators.

At minimum, Whitehouse sold $250,000 in the stocks below between September 18-24, 2008. He may have sold as much as $600,000 in the stock below according to disclosures.

The stocks that were sold lost as much as 35% of their value within days of the sale.

In response, Senator Whitehouse (R-RI) denies he had anything to do with the sale and says it was all a coinky-dink.

This is an outrage! We should Occupy his front lawn until he confesses the truth and resigns.

What’s that? Whitehouse is a Democrat?

Oh, never mind.

This entry was posted in Corruption, Crony Capitalism, Disingenuous Democrats and tagged , . Bookmark the permalink.

14 Responses to Republican Senator Dumps Stocks Days Before Crash

  1. This shit is evil. If all the OWS people in DC do is promote Obama shit and maybe some lame lip service to general inequality, and not go after this guy and other, they are just as fucking evil. They’ll actually be promoting this by ignoring it.

  2. Every banker and trader who caused the financial meltdown should be in jail. Until that happens, nothing is going to change. All incumbents in D.C. should be thrown out. That’s the only power American voters have. That also means we have to transcend the hatred that each party stokes toward those who don’t agree. I want my country back!

    • Mary says:

      Good thought.

      But I’m one of those bitter and clingy old hags Obots trashed in the primaries. And I will not forgive them for calling Bill & Hillary Clinton raycists. Not gonna happen.

      Soon as Obama and his arrogant Bots are run out of the Democratic Party, I’ll think about transcending. đŸ™‚

      • Totally agree with you. I despise what Obama did to the Democratic Party, and I will never vote for a Democrat until Obama is gone.

        • Lola-at-Large says:

          I will, but only the ones with vaginas, and only if their opposition is male. If two females are running, I’m going for the candidate with the cheaper degree. I prefer state university candidates, myself.

  3. Mary says:

    Big, big trades by John and Teresa Kerry and Mr. and Mrs. Nancy Pelosi, too.

    Really disgusting.

  4. HELENK says:

    does the new democratic party , think the same of America as their president does?

  5. HELENK says:

    look who makes a profit when the Canadian pipeline is delayed to stopped. It is good to have friends in high places

  6. HELENK says:

    while the NBA is shut down , some players will be raising funds for backtrack.

  7. kc says:

    But, they look so sincere. And I used to like Whitehouse.

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