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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Promoting Debate on GFY
Industry Role:
Join Date: Apr 2007
Posts: 27,173
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12 Days Before ?08 Crash, Congress was Secretly Told to Sell Off Their Stocks
![]() Earlier this month, it was reported that less than two weeks before the economic collapse of 2008, several members of Congress took their money out of the stock market. Many high-ranking government employees were given a heads-up about the impending market crash in secret meetings with the Federal Reserve and the Treasury Department. Then they used that information to engage in insider trading. It was revealed that Senator Shelley Capito and her husband sold $350,000 worth of Citigroup stock at $83 per share, just one day before the stock dropped to $64 per share. Another shady trader was Congressman Jim Moran, who had his biggest trading day of the year days after the secret meeting, sellings stock in nearly 100 different companies. These actions would be illegal for any American in any other circumstance, but members of Congress and high-ranking government officials are actually exempt from insider trading laws. Continued 12 Days Before ?08 Crash, Congress was Secretly Told to Sell Off Their Stocks
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#3 |
Megan Fox's fluffer
Industry Role:
Join Date: Oct 2005
Location: shooting pool in Elysium
Posts: 24,818
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Corrupt politicos...oh noes.
I'd be surprised if they didn't engage in insider trading. But still - that story is written without a lot of verifiable source. |
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#4 |
working on my tan
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,152
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Like someone would care if a congressman lost some money.
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#5 | |
Confirmed User
Industry Role:
Join Date: Feb 2005
Location: US
Posts: 5,326
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Quote:
Congress: Trading stock on inside information? - CBS News
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. . Arguing with a troll is a lot like wrestling in the mud with a pig, after a couple of hours you realize the pig likes it. |
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#6 | |
So Fucking Banned
Industry Role:
Join Date: Jun 2010
Location: Tokyo Red Light District
Posts: 2,145
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Quote:
https://theintercept.com/2015/05/07/...sider-trading/ |
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#7 |
fgfdftre6
Industry Role:
Join Date: Oct 2012
Location: In the closet with your dad!
Posts: 6,690
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#8 |
Confirmed User
Industry Role:
Join Date: Jan 2015
Posts: 1,489
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See, this is just one example of thousands you'll never hear about...of the reason so many people will spend millions, even tens of millions of their own money, to get elected to a job that pays $150k per year. The fringe benefits are out of this world.
Fixing the problems and making the country a better place is the least of their concerns. It should come as no surprise that the country goes to shit because of it. But yeah, who cares. They're making serious bank. See who spent what at the link. https://www.opensecrets.org/bigpictu...php?cycle=2012
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Keeping you abreast of the teens that get undressed. Girls By Location - Couples By Location - Guys By Location - Trans By Location |
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#9 |
Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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If they're not on the "inside" as traders, getting a tip from the inside. Is that illegal?
Immoral, unethical, and corrupt is normal for most politicians. |
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#10 |
So Fucking Banned
Industry Role:
Join Date: Jun 2010
Location: Tokyo Red Light District
Posts: 2,145
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Pretty true. If they go as far as being elected and they get elected they have to be the cream of the scum bag. "Murica" - Actually Insert any country name between the ""
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#11 | |
FUBAR the ORIGINATOR
Industry Role:
Join Date: Jan 2002
Location: FUBARLAND
Posts: 67,382
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Quote:
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![]() FUBAR Webmasters - The FUBAR Times - FUBAR Webmasters Mobile - FUBARTV.XXX For promo opps contact jfk at fubarwebmasters dot com |
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#12 |
in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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They do engage in inside trading.. Congress has made themselves "exempt" to insider trading laws.. It's been that way for quite awhile. Why do you think they go into office with some money but come out extreemly wealthy..
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#13 |
Too lazy to set a custom title
Join Date: Dec 2006
Posts: 29,035
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This a Wehateporn story I can actually believe.
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#14 |
Confirmed User
Industry Role:
Join Date: May 2002
Location: Toronto
Posts: 8,478
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Financial Crisis Cost Tops $22 Trillion, GAO Says
And we're supposed to believe they let someone know to get their $350k out? Plz. |
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#15 |
Anti Communist
Industry Role:
Join Date: Nov 2003
Location: Null
Posts: 29,750
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The housing market crashed in 07 so anyone could predict banks holding that bad debt would crash too. Nothing Duchovnian about that.
Ds
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My mother said, to get things done You'd better not mess with Major Tom |
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