The Republican Culture of Corruption continues!

Frisco_Slug_Esq

On Strike!
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May 4, 2009
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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.

http://www.suntimes.com/news/1620776,CST-NWS-durbin13.article

Of course, he didn't do anything wrong, he acted like everyone else in the public domain with freely available information to everyone...

Even Martha Stewart knew about it!
 
http://www.suntimes.com/news/1620776,CST-NWS-durbin13.article

Of course, he didn't do anything wrong, he acted like everyone else in the public domain with freely available information to everyone...

Even Martha Stewart knew about it!

If it was insider info he got fucked anyhow.

BRK.B Dec. 07 $ 4.950.00

BRK.b Sept 08 $3,953.00

BRK.B 6/17/09 $2,874,00

You are right, everyone was scrambling to cover their asses. You think he don't have financial ad visors telling him what to do?
I took a $400.00 per share loss on it back in around March of 2008 and everyone was still saying it was a sure bet. "Warren doesn't loose money".

The only one making money back then were Brokers and Madoff
 
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