Saturday, August 11, 2012

Paul Ryan traded on insider information to avoid 2008 crash



UPDATE (August 15, 2012 at 12:17 pm): It now appears that the Romney/Ryan campaign lied to TPM Muckraker when they responded to questions of Paul Ryan's insider trading and this story is most certain NOT debunked. This story is very much alive and added to it now is the question of why the Romney/Ryan campaign tried to cover the story up with multiple lies. For more details and links about this breaking story, click here.

UPDATE:  Ryan's staff has responded and TPM accepts their explanation and calls this story "debunked."

Brad DeLong weighs in on this so-called "debunking." Did Ryan's flacks lie to Benjy Sarlin of TPM? Why would they lie if they have nothing to hide?

Have a look at Ryan's financial disclosure form for 2008--you can click on each page to enlarge them. The "Transactions" section begins on page 12--scroll through and look at all the trades Paul Ryan made on "9-18-08":


















Hat tip to Open Secrets for making Paul Ryan's 2008 financial disclosure available online.