Friday, July 07, 2006

You're In Deep Shit


Talk about your insider trading. Cheney is betting on disaster and investing accordingly.
The article is called "Cheney's betting on bad news" and provides an account of where Cheney has socked away more than $25 million. While the figures may be estimates, the investments are not. According to Tom Blackburn of the Palm Beach Post, Cheney has invested heavily in "a fund that specializes in short-term municipal bonds, a tax-exempt money market fund and an inflation protected securities fund. The first two hold up if interest rates rise with inflation. The third is protected against inflation."

Sometimes I can find the perfect picture for a post. This is one of those times.

0 Comments:

Post a Comment

<< Home