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  • Ultraliberal 'Die Quickly' Rep. Alan Grayson Loses Millions to Stock Scammers

    12/22/2013 5:15:41 PM PST · by Kaslin · 46 replies
    NewsBusters.org ^ | December 22, 2013 | Tim Graham
    It might be easy to forget, but ultraliberal Rep. Alan Grayson (D-Fla) is one of those dreaded "greedheads" who deal in millions of dollars of stocks. A story on the front of The Washington Post business section on Sunday reports Grayson “got burned twice by ‘stock loan’ schemes that have cost him nearly $50 million.” Dina El Boghdady reports Grayson is ranked 21st in the House for wealth, with a net worth of “at least $16.7 million, in part due to the value of his stock portfolio.” Grayson lost about $18 million in transactions with Virginia businessman William Dean Chapman,...