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In reply to the discussion: Max Baucus on Obamacare: "I just see a huge train wreck coming..." [View all]Honeycombe8
(37,648 posts)the only one that concerns me is that Dodd's wife was on the board of several providers. That's different from investing.
Even average people with mutual funds in 401ks are invested in health care companies, no doubt.
Wealthy people are invested in literally every industry in the world. That's what investing is about.
The thing that affects this most, though, is the law that Reid & Senate (I think it was the Senate) that just reversed the law that required them to post holdings resulting from possible insider information. That is, we ALL knew what might happen to the health care industry. But Reid might know something the public doesn't know that affects say, the oil and gas industry, so he might move to sell his investments in that industry. That is illegal.
Kerry is soooo rich that I can't imagine he'd base a vote for a law on a few million dollars. That's like $50 to me. And Kerry knows that being diversified, no matter what Congress does, his investments are going to be affected in one way or the other.
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