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Hello Hello - So Cantor will cash in if the debt ceiling raise fails

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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:31 PM
Original message
Hello Hello - So Cantor will cash in if the debt ceiling raise fails
Is this not a major 'conflict of interest'?

Heard Cenk discussing this 'Con' job.

Damn he is a ReTHUG
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Tennessee Gal Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:32 PM
Response to Original message
1. This is pretty low.
You don't get much lower.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:33 PM
Response to Reply #1
3. This is beyond low
even nadir does not describe this one.
:puke:
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Rosco T. Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:32 PM
Response to Original message
2. I belive the term is 'Insider Trading'
they can lock up Martha Stewart, lock his stinky ass up.
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malaise Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:34 PM
Response to Reply #2
4. Yes that is the term
Good fugging grief - they are shameless
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LonePirate Donating Member (898 posts) Send PM | Profile | Ignore Thu Jun-30-11 05:35 PM
Response to Original message
5. Unfortunately members of Congress are exempt from these insider trading laws.
Hopefully the ceiling will be raised so that Cantor will lose his shorts.
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silverweb Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:48 PM
Response to Reply #5
7. Seriously? They're exempt?
How can that be?

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B Calm Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:39 PM
Response to Original message
6. Someone needs to give Cantor a wedgie
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AndyTiedye Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-30-11 05:51 PM
Response to Original message
8. His paymasters let him in on a piece of the action

We have to assume this this is only the tip of the iceberg.
How much do you think the Koch brothers have invested in this way?

The mother of all credit default swaps. And all he has to do is sit on his hands
and stop the debt limit from being raised.

Cantor probably would have bought "put" options on the airlines before 9/11
if he had been among those in the know at the time.
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