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.
Kerry’s stock portfolio has been Swift-boated.
As for Kerry, he sold millions in stocks in 2007, including shares in Anheuser-Busch, Honeywell, McDonalds, Raytheon and Coca-Cola, all of which saw dramatic price increases in 2008. He cashed in millions of shares in his wifes 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.
And people like this will run our health care system more efficiently than insurance companies !!