Members Of Congress Who Own Stock In Auto Companies (illegal, financial, Michigan)

[progressive25]

While Congress may be acting that a bailout for the automobile industry isn’t a done deal, it’s hard to believe that it won’t happen — especially considering that so many of its heavy hitters own stock in auto companies.

Link.

[bbkaren]

Very discouraging. How did we come to this?

[kdbrich]

I find it most telling that the democrat from Michigan owns so much.

Why is it that when it's something that benefits an oil company it's illegal, but when the democrats are pushing for the auto industry bailout it's necessary?

[FinkieMcGee]

If it's a bailout and not a loan then the stock will become worthless like it did for all the financial firms that were bailed out.