TV News LIES

Saturday, Sep 05th

Last update04:43:46 AM GMT

You are here News Congress Members of U.S. House Financial Services Committee snapped up or dumped bank stocks as bottom fell out of market

Members of U.S. House Financial Services Committee snapped up or dumped bank stocks as bottom fell out of market

E-mail Print PDF

As financial markets tumbled and the government worked to stave off panic by pumping billions of dollars into banks last fall, several members of Congress who oversee the banking industry were grabbing up or dumping bank stocks.

Financial disclosure records show that some of these Financial Services Committee members, including Ohio Rep. Charlie Wilson, made bank stock trades on the same day the banks were getting a government bailout from a program Congress approved. The transactions may not have been illegal or against congressional rules, but securities attorneys and congressional watchdog groups say they raise flags about the appearance of conflicts of interest.

More...


Most Recent Related Stories...


Dem Sen. Cardin opposes Iran deal

Ben CardinSen. Ben Cardin (D-Md.) said on Friday that he will oppose the Iran nuclear deal, making...

Iran nuclear deal poised to go ahead after key Democratic votes secured

Ben CardinThe Iranian nuclear deal is poised to clear remaining political hurdles in Washington after key Senate...

Obama gets Iran deal win as Senate Dems amass enough votes

Iran deal sewn upPresident Barack Obama secured a landmark foreign policy victory Wednesday as Senate Democrats amassed enough votes...

Pro-Clinton group re-ups demand for Trey Gowdy to turn over his emails

Trey GowsyA letter from Correct the Record founder David Brock, sent Wednesday and shared exclusively with POLITICO,...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!