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The Richmonder: Paul Ryan traded on insider information to avoid 2008 crash August 13, 2012

Posted by sandyclaus in Politics.
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It should probably come as no surprise to anyone that someone like Paul Ryan would trade on inside information gained through his position as a congressman to line his pockets, but this particular instance is especially egregious. Ryan attended a closed meeting with congressional leaders, Bush’s Treasury Secretary Henry Paulson, and Federal Reserve Chairman Ben Bernanke on September 18, 2008. The purpose of the meeting was to disclose the coming economic meltdown and beg Congress to pass legislation to help collapsing banks.

via The Richmonder: Paul Ryan traded on insider information to avoid 2008 crash.

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