Dick Turban: Inside Trader?
2 posters
Page 1 of 1
Dick Turban: Inside Trader?
June 13, 2009
If a Republican had done this, it would have been a crime.
As U.S. stock markets plummeted last September, the Senate's No. 2 Democrat, Dick Durbin, sold more than $115,000 worth of stocks and mutual-fund shares and used much of the money to invest in Warren Buffett's Berkshire Hathaway Inc.
The Illinois senator's 2008 financial disclosure statement shows he sold mutual-fund shares worth $42,696 on Sept. 19, the day after then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke urged congressional leaders in a closed meeting to craft legislation to help financially troubled banks. The same day, he bought $43,562 worth of Berkshire Hathaway's Class B stock, the disclosure shows.
Altogether, Durbin sold investments worth $116,000 in September. By Oct. 2, he had invested $98,046 in Omaha, Neb.-based Berkshire Hathaway, the form shows.
The Standard & Poor's 500 index plunged 4.7 percent last Sept. 15 after the bankruptcy of Lehman Brothers Holdings Inc. and Bank of America Corp.'s government-engineered takeover of Merrill Lynch & Co. By the end of October, the index had fallen 22.6 percent.
If a Republican had done this, it would have been a crime.
Keli- Number of posts : 3608
Age : 73
Location : Zarr Chasm, WV--between Flotsam and Belch on the Cheat River
Registration date : 2007-12-28
Re: Dick Turban: Inside Trader?
It was a crime. If Democrats refuse to investigate and prosecute it will be due to partisan politics.
Aaron- Number of posts : 9841
Age : 58
Location : Putnam County for now
Registration date : 2007-12-28
Similar topics
» Ex-Afghan president Rabbani killed by 'turban bomb"
» Where's Dick Cheney when you need him.
» Watching Obama Morph Into Dick Cheney
» Could WV have inside track?
» Inside 'Fortress America',
» Where's Dick Cheney when you need him.
» Watching Obama Morph Into Dick Cheney
» Could WV have inside track?
» Inside 'Fortress America',
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum