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  • The Democrats' Troubled Assets

    06/15/2009 5:20:37 PM PDT · by WhiteCastle · 13 replies · 1,463+ views
    IBD Editorials ^ | June 16, 2009 | Editorial staff
    Ethics: Sen. Dick Durbin cashes out of the market and invests with a key Democratic contributor after a Treasury briefing warning of collapse. Meanwhile, Sen. Chris Dodd's Irish cottage appraises at triple the value he's disclosed.Those investors who rode the stock market down to the bitter end and saw their 401(k) accounts evaporate in the morning sun could have used the information Senate Majority Whip Durbin had at his fingertips on Sept. 19, 2008, when he sold $42,696 worth of mutual fund shares. By the end of September, Durbin had sold investments totaling $116,000.