[raccoonradio]

Kerry made his money the old fashioned way; he married it

[KentTrappedInLiberalSeattle]

The nation’s richest senator - the Bay State’s own John Forbes Kerry - has been knocked down a few notches after seeing his fortune sliced by one-third by the fiscal meltdown that ripped down Wall Street.

Couldn't happen to a more deserving cabana boy. ;)

[Selmore]

But Kerry said, “This isn’t about me. The folks who have taken it in the chin

Sorry, I had to stop reading right there.

[tina07]

oh damn, however will he survive now?

[tanuki]

So the top three richest senators are Dems. These are the guys representing the ‘little guy’. Right.

[gov_bean_ counter]

As for Kerry, he sold millions in stocks in 2007, including shares in Anheuser-Busch, Honeywell, McDonald’s, Raytheon and Coca-Cola, all of which saw dramatic price increases in 2008. He cashed in millions of shares in his wife’s company, Heinz, which also saw its value jump in 2008.
He also shifted around millions in private equity and asset management funds in 2007, and purchased several banking stocks, including millions in Capital One, a troubled lender that has since received $3.5 billion in federal bailout money.

Looks like Kerry was trying to sell short based on inside information (but guessed wrong) and attempted to enrich himself using same to scarf up bank stocks. He should probably get at least as much jail time as Martha.

[oyez]

Kerry was not alone in his personal financial losses.

Yeah a hole, that is one solitary thing we have in common. Go right ahead and adopt you cap & trade as well as the national health rip off. We will both be living in a van down by the river.

[iowamark]

The richest Senator is almost certainly John D. “Jay” Rockefeller of West Virginia. He may just have it hidden better than some others.

[Cindy]

Well now, he can thank President Obama for this great economy.

[dennisw]

This article is BS until someone can tell me that Teresa Heinz has merged her $$$ with John Kerry’s. Which I find highly unlikely. By himself Kerry is worth at most 3-5 million

1n 2004 I never heard any stories about him pumping any of this alleged fortune into his Presidential campaign .....Teresa didn’t either

[dancusa]

Another year of Obama, Kerry will living out of his 1984 Chrysler Labaron. Like the pre Teresa days.

[Albion Wilde]

But Kerry said, “This isn’t about me. The folks who have taken it in the chin during this recession are..."

I can't believe he said this.

Yale yearbook photo

[TommyDale]

Did you know that Kerry was in Viet Nam??

[MAD-AS-HELL]

Not just married it but stalked the rich widow of another senator who died in a plane crash. The man is a true scumbag. But then again, his wife is a loser too.

[JoeSixPack1]

......(but) the stimulus stopped us from going over that cliff.”

Yup! Aren't we lucky! :(

[GOPJ]

Considering the Kerrys’ lifestyles - $208 million isn’t that much... Oh, well - the ghost in the house is happy - the money Kerry married was made by a Republican - TA RAY SAAAS first husband...

[DeusExMachina05]

John Kerry...Was he a Vietnam vet or something?

[Right Wing Assault]

Hey, Jon Cary! I’m really hurting, too. Send me a million, please.

[LibLieSlayer]

I hope one day that lurch and everyone associated with him become destitute and living on the streets... including that drunk slob he married last time.

LLS

[eartrumpet]

“Rep. Barney Frank, chairman of Congress’ financial services committee, which oversaw the banking crisis, suffered relatively minimal losses as his net worth went from an estimated $1.3 million to $972,000, the study found.

“The fact is it depends on where people had their money. In my case, I have been most heavily invested in assets that didn’t suffer major losses,” Frank said. “

Oh. Assets. He said he invested in assets. Never mind.

[maryz]

Rep. Barney Frank, chairman of Congress’ financial services committee, which oversaw the banking crisis, suffered relatively minimal losses as his net worth went from an estimated $1.3 million to $972,000, the study found.

???? Things that make you go "Hmmmmm . . . "!