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Wall Street's One Major Worry: Can Ryan Help Romney Win?
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Wall Street's One Major Worry: Can Ryan Help Romney Win?

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Quick Summary
Wall Street's One Major Worry: Can Ryan Help Romney Win?

"This makes it unlikely that Romney can win Florida because of the anxiety over Medicare," one pro said. "If Romney can't win Florida, he can't win the presidency."

More on CNBC...

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  #2 (permalink)
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Paul Ryan Dumped A Bunch Of Bank Stocks The Same Day As Congressional Leaders Met ...

... With Hank Paulson During The Crisis

Republican Vice Presidential Pick Paul Ryan sold shares in a number of financial companies including Citigroup, General Electric, Wachovia, and JP Morgan Chase on the same day as then-Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke held a closed meeting with congressional leaders during the financial crisis.

At issue are the sale of troubled banks like Wachovia and Citi, as well as General Electric's struggling capital unit, dated on September 18, 2008 — the same day as the meeting with Bernanke and Paulson according to the Associated Press.

According to The New York Times, the meeting was held in the evening, which raises significant doubt if any member in attendance would have been able to act on the conversation.

http://www.businessinsider.com/paul-ryan-insider-trading-2012-8

===========================================

And to add - Paul Ryan Traded on Insider Information to Avoid 2008 crash

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.

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. This is the guy Republicans want one heartbeat away from the presidency? He seems more than a little shady to me. -

http://occupytvstations.com/news/290498

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Membership Revoked
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Futures Experience: Intermediate
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Victory Trader's Avatar
 
Posts: 530 since Sep 2011
Thanks: 205 given, 373 received

Sorry I posted the above in the wrong place...


by accident!!

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