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To: EEGator
With no conflicts of interest or insider knowledge.

The key is a gambit called "pump and dump." The Congresscritter knows in advance what the insertion into the law will be, buys stocks, and watches them jump on the announcement of whatever regulatory or tax dispensation they've crafted.

10 posted on 07/11/2012 9:21:58 AM PDT by Carry_Okie (The Slave Party Switcheroo: Economic crisis! Zero's eligibility Trumped!! Hillary 2012!!!)
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To: Carry_Okie; EEGator; ilovesarah2012; thouworm; CutePuppy; ken5050; Condor51

Pelosi and her husband’s wealth soared——not only on Asian holdings. Looks like Pelosi got some great insider financial tips. Read on.

REFERENCE Some are wondering how ex-US Sen Corzine, and his gubernatorial appointee ex-NJ State Treasurer Abelow, got away with telling Congress they “knew nothing” about a billion in missing MF Global money.......the company in which they are principals.

THE ONLY POSSIBLE REASON As a US Sen, Corzine got a bill passed which gave tax benefits to a Japanese bank which had been taken over by the trustee of Jonny’s “blind trust” —— Corzine’s trustee C. Flowers was a G/S crony and also a principal in MF Global.

LAUGH BREAK “Financial genius” Corzine said “he did not know” his Senate bill benefited him.

NOTE Few US Senators had first-hand knowledge about the Japanese bank. Jonny HAD to have made insider deals-—giving inside financial tips to members of the exclusive “Congressional Enrichment Club”...in exchange for their aye votes.


35 posted on 07/11/2012 3:52:33 PM PDT by Liz
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