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John Kerry owns at least 500k in Scanner Stocks--and other pols too

John Kerry owns at least 500k in Scanner Stocks--and other pols too

URL Source: http://www.opensecrets.org/news/2010/11/several-federal...
Published: Nov 27, 2010
Author: staff

JOHN KERRY OWNS At Least A Half Million Dollars Of Strip Search SCANNER STOCK

"..According to a Center for Responsive Politics review of the most recent personal financial disclosure filings, eight members of Congress
-- three Democrats and five Republicans -- owned at least $2,000 worth
of stock in L-3 Communications, which is one of the two main contractors
involved in the full-body scanning machines.

Sen. John Kerry (D-Mass.) disclosed possessing the most stock in L-3 Communications -- with a minimum investment of at least $500,000 and a maximum value of $1
million. The L-3 Communications stock is fully owned by his wife,
Teresa Heinz, according to federal financial disclosure reports.

Members of Congress file annual personal financial disclosures detailing their assets and liabilities, as well as those of their
spouses and dependent children. These forms also allow lawmakers to
describe the value of their holdings and debts in broad ranges, so it's
impossible to know exactly how much the holdings of Kerry's family, or
any other lawmaker's household, are worth.

Republican Reps. Michael Castle (R-Del.) and Michael McCaul (R-Texas) both disclosed possessing between $16,002 and $65,000 worth of L-3 Communications stock
in 2009.

And Rep. Judy Biggert (R-Ill.) was the member of Congress with the next most valuable holdings in L-3 Communications, worth between $15,001 and $50,000.

Here is a table of all eight lawmakers whose 2009 personal financial disclosure forms, which were filed in May, noted holdings in L-3 Communications, along with the
minimum and maximum value of these holdings, according to the Center's
research.

Name.................... ........................ .Value

Sen. John Kerry (D-Mass.).............$500,001 to $1,000,000

Rep. Michael Castle (R-Del)...........$16,002 to $65,000

Rep. Michael McCaul (R-Texas)......$16,002 to $65,000

Rep. Judy Biggert (R-Ill.).................$15,001 to $50,000

Rep. Ron Klein (D-Fla.)...................$1,001 to $15,000

Rep. Robert Scott (D-Va.)...............$1,001 to $15,000

Sen. Jon Kyl (R-Ariz.)......................$2,173

Rep. Kenny Marchant (R-Texas).......$2,086



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Comment by Sandra on November 27, 2010 at 10:46pm
They have made themselves untouchable for insider trading to!

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