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Monday, November 14, 2011

Book: Rahm Emanuel Dumped Tons Of Freddie Mac Stock Days Before It Collapsed

 

Former White House Chief of Staff Rahm Emanuel is the latest lawmaker to get caught up in allegations of insider trading while a member of Congress.

Then-Rep. Emanuel reportedly sold up to $250,000 in Freddie Mac stock on February 21, 2003 days before it dropped by 10 percent — and weeks before it was publicly revealed that the entity was under criminal investigation for inflating earnings.

Book: Rahm Emanuel Dumped Tons Of Freddie Mac Stock Days Before It Collapsed

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