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Old 06-20-2011, 11:38 AM
 
45,582 posts, read 27,180,466 times
Reputation: 23891

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15 Stocks America's Richest Congressmen Are Going Gaga For

If you are looking for some stock pickers to model your portfolio on, you may want to look to Congress. Historically, members of Congress have beat the market by 6% annually, according to a recent academic study.

GE is #1 - Surprise, surprise.

I bet an overwhelming number of these companies have received some sort of government legislative or financial benefit.

I know Pfizer (#3) sold unapproved drugs and should have been removed from supplying drugs under federal programs - but they set up a front company to take the hit.
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Old 06-20-2011, 12:11 PM
 
45,582 posts, read 27,180,466 times
Reputation: 23891
For further research for those interested - my thread from last year...

Too big to fail - Pfizer (Big Pharma) (Take 2)
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Old 02-21-2012, 04:33 AM
 
Location: Twin Cities, MN
779 posts, read 537,360 times
Reputation: 221
Jack Welch (GE, et al) has been is changing gears to suit his agenda. BIG surprise after he married Suzy (who used to work for Mitt Romney's Bain), LOL!
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Old 02-21-2012, 04:58 AM
 
Location: Fredericktown,Ohio
7,168 posts, read 5,365,472 times
Reputation: 2922
I am confused now? the {D}s rail against big oil but then you have this :

#8 ConocoPhillips 12-month performance: Up 31.5% Notable holders:
  • Ted Kauffman (D-DE)
  • John Boehner (R-OH)
  • Paul Ryan (R-OH)
  • John Kerry (D-MA)
  • *Tom Harkin (D-IA)
  • Carolyn Maloney (D-NY)
Oh boy wait till the greenies find about this


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