10 Dec '11, 12am

Congressmembers Implicated in Insider Stock Trading on TransCanada, Keystone XL Pipeline

Congressmembers Implicated in Insider Stock Trading on TransCanada, Keystone XL Pipeline

"Rep. Michael McCaul, R-Texas , reported in his 2010 financial disclosure form—the most recent available, filed on May 15, 2011—that he owned Transcanada stock worth between $115,002 and $300,000 (financial disclosure forms ask members to report their assets within broad ranges)." "Sen. Thad Cochran, R-Miss ., reported owning between $15,001 and $51,000 in TransCanada stock in his 2010 financial disclosure; according to his office, the ranking member of the Senate Appropriations Committee sold his stock on January 5, 2011." "Rep. Judy Biggert, R-Ill ., has held Trans Canada stock since 2004; her most recent disclsosure shows she owns a stake in the company worth between $1,001 and $15,000." "Rep. Carolyn McCarthy, D-N.Y. …reported a $798 interest in Trans Canada." "U.S. Ambassador to the UN , Susan E. Rice filed that she owned between $250,001 and $500,000 of TransCanada s...

Full article: http://www.desmogblog.com/congressmembers-implicated-insi...

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