34 lawmakers – including Speaker of the House John Boehner – got inside information during the 2008 financial crisis – and immediately changed their investment portfolios

It pays to be a Member of Congress during a financial crisis. 34 la...

 


In January 2008, President George W. Bush was scrambling to bolster the American economy. The subprime mortgage industry was collapsing, and the Dow Jones industrial average had lost more than 2,000 points in less than three months.

House Minority Leader John A. Boehner became the Bush administration’s point person on Capitol Hill to negotiate a $150 billion stimulus package.

Boehner is one of 34 members of Congress who took steps to recast their financial portfolios during the financial crisis after phone calls or meetings with Paulson; his successor, Timothy F. Geithner; or Federal Reserve Chairman Ben S. Bernanke, according to a Washington Post examination of appointment calendars and congressional disclosure forms.

The lawmakers, many of whom held leadership positions and committee chairmanships in the House and Senate, changed portions of their portfolios a total of 166 times within two business days of speaking or meeting with the administration officials. The party affiliation of the lawmakers was about evenly divided between Democrats and Republicans, 19 to 15.

http://www.washingtonpost.com/politics/lawmakers-reworked-financial...


 
Check out the member blogs, videos, and discussions @ http://12160.info

Views: 652

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

Angry Old Man James Carville Warns of More to Come?

 A new type of signaling is brewing among the left and disenfranchised Democrats who have refused…See More
5 hours ago
Doc Vega posted photos
yesterday
Sandy posted photos
yesterday
Sandy posted videos
yesterday
Doc Vega posted blog posts
yesterday
Doc Vega posted photos
Thursday
tjdavis posted a video
Thursday
Doc Vega commented on Doc Vega's blog post What is Consciousness and Does it Have to be In a Certain Body?
"FREEDOMROX there are a lot of conversations going on between theologians and scientists about what…"
Thursday
Doc Vega commented on Doc Vega's blog post What is Consciousness and Does it Have to be In a Certain Body?
"cheeki kea Yes I believe that there are those who have a sympathetic awareness toward whales and…"
Thursday
tjdavis posted photos
Thursday
tjdavis favorited Doc Vega's photo
Thursday
Doc Vega posted photos
Wednesday
FREEDOMROX favorited Doc Vega's blog post What We’ve Learned from the Evils of High Density Populations
Wednesday
Doc Vega posted blog posts
Tuesday
honeygirl posted a video

Trump Surrenders! Iran Wins, and Israel Loses Everything

The United States is being driven out of the Middle East — and with it, Israel's entire security architecture. Iran didn't defeat America in a head-to-head w...
Tuesday
FREEDOMROX commented on Doc Vega's blog post What is Consciousness and Does it Have to be In a Certain Body?
"Consciousness is a creation of the brain. When death occurs; it is the spirit animating the body…"
Tuesday
Sandy posted a video

The Car Kill Switch Is Now Law

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Monday
tjdavis posted a video

Jupiter Med Bed System 2026 Overview and Quick Look! #medbed

🔷 Jupiter Med Bed System 2026 Overview & Quick Look 🔷👉 Learn more or order here: - 6-8 week lead time - Special pricinghttps://healthylifetechnology.com/p...
May 24
Doc Vega posted blog posts
May 23
cheeki kea favorited FREEDOMROX's blog post THE END: 2046
May 23

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted