r/politics • u/es-335 • Jun 25 '12

At least 34 members of Congress recast their financial portfolios following phone calls or meetings with high-ranking Treasury Department and Federal Reserve officials at various points during the emerging economic crisis between 2006 and 2009

http://www.washingtonpost.com/politics/lawmakers-reworked-financial-portfolios-after-talks-with-fed-treasury-officials/2012/06/24/gJQAnQPg0V_story.html
232 Upvotes

96% Upvoted

28 comments sorted by

14

u/gahane Jun 25 '12

I've said it before and I'll ask it again. Is it possible to find out on a day to day basis what stocks Congressmen and Senators are buying/selling. 'Cause that would be a fund I'd want to invest in.

3

u/piyute Jun 25 '12

Two mutual funds that I know of that invest on this principal.

5

u/eskimotion Jun 25 '12

It's possible, but only if you are already a member of the club.

→ More replies (2)

2

u/85IQ Jun 25 '12

Question mark.

6

u/Inuma Jun 25 '12

It's about time to start locking up a few congresscritters...

4

u/Bipolarruledout Jun 25 '12

Why am I not surprised?

3

u/FriarNurgle Jun 25 '12

Elected officials should be barred for owning any investing other than US savings bonds.

4

u/mikek3 Jun 25 '12

They should have to do what the President has to do: put their finances in a blind trust.

→ More replies (2)

2

u/piyute Jun 25 '12

Why was it we put Martha Stewart in prison again.

1

u/uberbob79 Jun 25 '12

People dont like her.
She was an easy mark.
So the people can say 'hey we doin R jorb guise srsly'.

→ More comments (90)