Paul Ryan traded on INSIDER INFORMATION to avoid 2008 Crash

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    Aug 13, 2012 9:14 PM GMT
    Paul Ryan traded on insider information to avoid 2008 crash


    " 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.

    Instead of doing anything to help, Ryan left the meeting and on that very same day Paul Ryan sold shares of stock he owned in several troubled banks and reinvested the proceeds in Goldman Sachs, a bank that the meeting had disclosed was not in trouble." ---The Richmonder, Richmond, Va.


    THIS WAS NOT ILLEGAL at the time but is now with this year's passage of

    . The Stop Trading on Congressional Knowledge Act ("STOCK" Act, Pub.L. 112-105, S. 2038.

    But it does demonstrate that Paul Ryan has an instinct to be SELF-SERVING.

    He is faithful to his AYN RAND philosophy of every man for himself.
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    Aug 13, 2012 11:02 PM GMT
    This is good to know !!! Ryan will have to answer for that one !!! Ryan cannot be trusted for backing anything but what will serve his privileged class, they are his paymasters, he is no more in touch with the average American than is Romney.


    The more of these facts that come out the better informed the public will be and the more likely Obama will be to win
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    Aug 13, 2012 11:09 PM GMT
    The Ryan record - much like the deeply unpopular Ryan budget plan - is chock full of damaging facts that will be used against the Romney/Ryan corporate greed ticket.
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    Aug 13, 2012 11:14 PM GMT
    the lies, the deceit!

    throw him in prison, he is a thief and criminal!

    mittens and paul have that in common it seems.
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    Aug 13, 2012 11:58 PM GMT
    Oh my! The juice is really flowing now!
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    Aug 14, 2012 12:18 AM GMT
    Balancing saidPaul Ryan traded on insider information to avoid 2008 crash


    " 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.

    Instead of doing anything to help, Ryan left the meeting and on that very same day Paul Ryan sold shares of stock he owned in several troubled banks and reinvested the proceeds in Goldman Sachs, a bank that the meeting had disclosed was not in trouble." ---The Richmonder, Richmond, Va.


    THIS WAS NOT ILLEGAL at the time but is now with this year's passage of

    . The Stop Trading on Congressional Knowledge Act ("STOCK" Act, Pub.L. 112-105, S. 2038.

    But it does demonstrate that Paul Ryan has an instinct to be SELF-SERVING.

    He is faithful to his AYN RAND philosophy of every man for himself.


    Oh yes, because YOU wouldn't have done the same thing. What a waste of a read.
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    Aug 14, 2012 1:02 AM GMT
    mocktwinkie said
    Balancing saidPaul Ryan traded on insider information to avoid 2008 crash


    " 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.

    Instead of doing anything to help, Ryan left the meeting and on that very same day Paul Ryan sold shares of stock he owned in several troubled banks and reinvested the proceeds in Goldman Sachs, a bank that the meeting had disclosed was not in trouble." ---The Richmonder, Richmond, Va.


    THIS WAS NOT ILLEGAL at the time but is now with this year's passage of

    . The Stop Trading on Congressional Knowledge Act ("STOCK" Act, Pub.L. 112-105, S. 2038.

    But it does demonstrate that Paul Ryan has an instinct to be SELF-SERVING.

    He is faithful to his AYN RAND philosophy of every man for himself.


    Oh yes, because YOU wouldn't have done the same thing. What a waste of a read.



    mocktwinkie, You have a low opinion of me-------which I'm okay with.

    BUT ARE YOU OKAY WITH YOUR LEADER HAVING SUCH A LOW MORAL STANDARD
    ....... THAT HIS FIRST CONCERN IN A NATIONAL CRISIS

    ........IS HOW HE CAN PROFIT ?
  • jock_1

    Posts: 1491

    Aug 14, 2012 1:12 AM GMT
    This is awesome how delusional Ryan has you liberal socialists on these forums. But as much as i'd like to play in your tantrums, I have work to do for the campaign, see you all after the election
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    Aug 14, 2012 2:08 AM GMT
    I'm a securities lawyer, and I find this quite astounding. This kind of insider trading would likely have been blatantly illegal for anyone except a member of Congress. It demonstrates terrible, terrible judgment and complete disregard for the optics of the situation to the general public.
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    Aug 14, 2012 2:42 AM GMT
    In other words, he's just another Washington insider.
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    Aug 14, 2012 3:21 AM GMT
    libertpaulian saidIn other words, he's just another Washington insider.
    There goes THAT argument!
  • KissTheSky

    Posts: 1980

    Aug 14, 2012 3:21 AM GMT
    showme saidI'm a securities lawyer, and I find this quite astounding. This kind of insider trading would likely have been blatantly illegal for anyone except a member of Congress. It demonstrates terrible, terrible judgment and complete disregard for the optics of the situation to the general public.


    I agree. This sucks, and it's yet another example of how the system is rigged. People go to prison for this kind of insider trading... that's what landed Martha Stewart in the slammer. But I guess the rules don't apply to Ryan?
    So glad he was able to profit from the economic crisis, then tell the unemployed that it's their own fault.
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    Aug 14, 2012 3:23 AM GMT
    Does this mean I should move my investments to Goldman Sachs?

    Thanks for the info! icon_biggrin.gif
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    Aug 14, 2012 3:29 AM GMT
    In other words - Tea Party "hero" Paul Ryan profited from the banking crisis.

    Like the Wall Street bankers who got bailed out - Ryan and the Wall Street elites not only survived the bank crisis - they ended up richer than ever.

    While the rest of us saw our stock portfolios shrinking - Ryan took advantage of inside information to protect his investments.

    The Repubs were foaming at the mouth when (Democrat) Martha Stewart got caught doing this - and Stewart ended up in jail.

    Why is Ryan not being held accountable for this?
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    Aug 14, 2012 3:33 AM GMT
    RickRick91 saidIn other words - Tea Party "hero" Paul Ryan profited from the banking crisis.

    Like the Wall Street bankers who got bailed out - Ryan and the Wall Street elites not only survived the bank crisis - they ended up richer than ever.

    While the rest of us saw our stock portfolios shrinking - Ryan took advantage of inside information to protect his investments.

    The Repubs were foaming at the mouth when (Democrat) Martha Stewart got caught doing this - and Stewart ended up in jail.

    Why is Ryan not being held accountable for this?
    It's not who you know, but who you blow.

    Mitt and Paul are closeted boyfriends.

    Everyone should know this.
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    Aug 14, 2012 5:00 AM GMT
    paulflexes said
    RickRick91 saidIn other words - Tea Party "hero" Paul Ryan profited from the banking crisis.

    Like the Wall Street bankers who got bailed out - Ryan and the Wall Street elites not only survived the bank crisis - they ended up richer than ever.

    While the rest of us saw our stock portfolios shrinking - Ryan took advantage of inside information to protect his investments.

    The Repubs were foaming at the mouth when (Democrat) Martha Stewart got caught doing this - and Stewart ended up in jail.

    Why is Ryan not being held accountable for this?
    It's not who you know, but who you blow.

    Mitt and Paul are closeted boyfriends.

    Everyone should know this.

    Um, BARF at such a thought.
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    Aug 14, 2012 6:06 AM GMT
    jock_1 said...see you all after the election

    Promise? Your absence here until then will be welcome. And given the likely election outcome, it's doubtful you'll be back, anyway. Good riddance. icon_biggrin.gif
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    Aug 14, 2012 7:27 AM GMT
    What a fucking douche bag
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    Aug 14, 2012 7:29 AM GMT
    RickRick91 saidIn other words - Tea Party "hero" Paul Ryan profited from the banking crisis.

    Like the Wall Street bankers who got bailed out - Ryan and the Wall Street elites not only survived the bank crisis - they ended up richer than ever.

    While the rest of us saw our stock portfolios shrinking - Ryan took advantage of inside information to protect his investments.

    The Repubs were foaming at the mouth when (Democrat) Martha Stewart got caught doing this - and Stewart ended up in jail.

    Why is Ryan not being held accountable for this?


    It's not the fact that Martha Stewart was guilty of insider trading, it's because of the perjury charge of lying to investigators.. That and she is not apart of the old boys club