TV News LIES

Sunday, Feb 01st

Last update11:24:34 PM 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...


Senate passes bill approving Keystone XL oil pipeline

Senate passes Keystone pipeline billThe Republican-controlled Senate on Thursday approved a bipartisan bill to construct the Keystone XL oil pipeline,...

GOP Plans To Give Explosive Document Back To CIA

Ricgard BurrThe new GOP chairman of the Senate Intelligence Committee intends to give back to the CIA...

House GOP Abruptly Drops Plans to Debate Abortion Bill After Revolt by GOP Women, Others

House GOPHouse Republicans have abruptly dropped plans to debate a bill banning virtually all late-term abortions after...

GOP women object to rape clause in 20-week abortion bill

Renee EllmersA group of female GOP lawmakers is trying to pressure the Republican leadership team to make...
 
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!