Boehner takes hit on 2009 BP stock buy

House Minority Leader John Boehner bought as much as $50,000 of BP stock months before the massive oil leak in the Gulf of Mexico caused the oil giant's stock price to plummet by as much as 50 percent. Full Story
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Curious

Columbus, OH

#1 Jun 17, 2010
Boehner is a toady.

Now we clearly see why this 'bleep" so loudly advocated protecting BP by having American taxpayers pay for the Gulf mess cleanup.

Both of Boehner's faces spend too much time in a tanning booth...... his brain is cooked.
John

Charlotte, NC

#2 Jun 17, 2010
What a bag.
pikkil47

Columbus, OH

#3 Jun 17, 2010
awwww, poor poor John......... may make him a little late with the Benz payment.
kissin an tellin

Columbus, OH

#4 Jun 17, 2010
You, the above three are nothing but a trio of sawed off sorry summmmsbiotches. This is a free man who can purchase whatever he wants, buy who ever he wants, with as much money as he chooses. He aint rich, ALGORE is rich, step off with your notion he is accountable to you or anyone else. This purchase falls well within the parameters set by house rules.
GAWD, you liberal elitist are so upside down on life. WHen will it ever hit you, how absolutly FUBAR'd you really are......
Get a clue

Columbus, OH

#5 Jun 17, 2010
If you have a 401K then you also own BP. Anyone with significant money that wants to diversify - they will own energy stocks...
lazy reporting

North Olmsted, OH

#6 Jun 17, 2010
Good heavens, Torry. Did you even bother to look up Dec. 12? It was a Saturday. Can you tell us how Boehner, or anybody, was able to buy oil company stocks on a Saturday?

Further, where's the evidence that "Boehner takes hit on 2009 stock buy"? There's no mention of whether he still holds the stock. If he bought BP at the opening price of $57.13 on Dec. 14, he could have sold it from April 20-23 and made a profit.
Terp

Columbus, OH

#7 Jun 17, 2010
While generally I'm no fan of politicians, at least he was a success in the private sector unlike so many who made a career of various government jobs starting with their graduation from law school. Those are the folks without a clue.
Jack W Hammer

Columbus, OH

#8 Jun 17, 2010
lazy reporting wrote:
Good heavens, Torry. Did you even bother to look up Dec. 12? It was a Saturday. Can you tell us how Boehner, or anybody, was able to buy oil company stocks on a Saturday?
Further, where's the evidence that "Boehner takes hit on 2009 stock buy"? There's no mention of whether he still holds the stock. If he bought BP at the opening price of $57.13 on Dec. 14, he could have sold it from April 20-23 and made a profit.
It is all to easy to move your money on Saturday. Somewhere in the world a stock market is open. Call your Lehman Bros shill (I'll bet Boehner called Kasich) or simply do it online yourself any Saturday of the year including Christmas if it so falls. Traders love commissions so much, they write you an option anytime and anywhere.

Or if you are a Republican insider as Boehner surely is, just call your dude in the Cayman Islands or in Switzerland who handles all your off-shored-US tax-sheltered stash. They are very connected and can get you anything from illegal arms to nuclear pixie dust so BP stock is candy.
pubsrus

Sault Sainte Marie, Canada

#9 Jun 17, 2010
He bought the stock because there was probably some legislation about to be passed that would make him some big bucks. He received between $1-5 million in a "small" plastics company he operated. That must have been some small company to pad your retirement account to that tune. Boehner is a real piece of work, all talk no substance.
News hound

Celina, OH

#10 Jun 17, 2010
Boehner is my Congressman. I know him. He's a businessman, not an attorney and really down to earth.
He did what any person would do by moving his 401K to other investments. BP is BIG and like a previous writer mentioned, if you have a mutual fund, you probably haave som BP.

What happened in the Gulf was an accident. It happened in international waters. There are 3000 + well in the Gulf. This could have been anyone elses well. Ever think what would be going on , clean up wise , if this oil well was owned by China, or someother country??? They would walk away and go home and leave the mess.
Bobcats

Circleville, OH

#11 Jun 17, 2010
Terp wrote:
While generally I'm no fan of politicians, at least he was a success in the private sector unlike so many who made a career of various government jobs starting with their graduation from law school. Those are the folks without a clue.
The most impressive thing corporations have accomplished over the past 50 years is convincing regular Americans that success equals profits and the pursuit of a greater country relies primarily within their interests.
kissin an tellin

Columbus, OH

#12 Jun 17, 2010
Least we mention the quick hondrothou Madam Clinton made in cattle futures.
Or the75thou in stock options Madam Obama made each year for three years for sitting on the board of TreeTop industries, appointed only after hubby was elected to the US Senate.
Really, let this man be, his portfolio is his affair. He broke no house rules, he made a stock purchase.
Is this all you have to roll with????
Jack W Hammer

Columbus, OH

#13 Jun 17, 2010
kissin an tellin wrote:
You, the above three are nothing but a trio of sawed off sorry summmmsbiotches. This is a free man who can purchase whatever he wants, buy who ever he wants, with as much money as he chooses. He aint rich, ALGORE is rich, step off with your notion he is accountable to you or anyone else. This purchase falls well within the parameters set by house rules.
GAWD, you liberal elitist are so upside down on life. WHen will it ever hit you, how absolutly FUBAR'd you really are......
When will it hit you that unless you make more than $750,000 per year, you are shortsighted to support the Republican fleecing machine. They wire you up with gun control fears, right to life issues, or ObamaCommie hysterics then they send your son who cannot afford college off to fight their dreamed-up war, foreclose on the house you worked so hard to own, allow a deregulated Wall Street to kill your retirement fund so you have to work 'til you're 80, while they are living the fantastic life of the rich and famous...... on your dime. Wake up and smell the coffee. You and your battered friends are paying to light Rush Limbaugh's $350 cigars...... and somehow he has convinced you to love it. That is in fact what 8 years of George W Bush left you with and I have a sneaking suspicion that if the cowboy with too much hat and no horses were allowed to run again, you'd give him a third vote.

I cannot understand how you got so punked and pwned ....... and why you just take it.
kissin an tellin

Columbus, OH

#14 Jun 17, 2010
Jack W Hammer wrote:
<quoted text>
When will it hit you that unless you make more than $750,000 per year, you are shortsighted to support the Republican fleecing machine. They wire you up with gun control fears, right to life issues, or ObamaCommie hysterics then they send your son who cannot afford college off to fight their dreamed-up war, foreclose on the house you worked so hard to own, allow a deregulated Wall Street to kill your retirement fund so you have to work 'til you're 80, while they are living the fantastic life of the rich and famous...... on your dime. Wake up and smell the coffee. You and your battered friends are paying to light Rush Limbaugh's $350 cigars...... and somehow he has convinced you to love it. That is in fact what 8 years of George W Bush left you with and I have a sneaking suspicion that if the cowboy with too much hat and no horses were allowed to run again, you'd give him a third vote.
I cannot understand how you got so punked and pwned ....... and why you just take it.
And suddenly, you are now vested with the authority to tell free americans how much their cigars should cost. You and yours believe it is a fair and balanced world, you should have everything I have, but not work, or make an effort for it, just cause you are here. WRONG.
Your income requirements fit most all professional sports figures, actors, who work hard and musicians.
But this man isn't supposed to be able to spend the money he earned in his employement, as he see fit???
You and yours are not responsible for every american.
You swim or sink, it is that simple. I'm not responsible for you, and you wouldn't be welcomed to give me the time of day.
Obtuse

Columbus, OH

#15 Jun 17, 2010
News hound wrote:
Boehner is my Congressman. I know him. He's a businessman, not an attorney and really down to earth.
He did what any person would do by moving his 401K to other investments. BP is BIG and like a previous writer mentioned, if you have a mutual fund, you probably haave som BP.
What happened in the Gulf was an accident. It happened in international waters. There are 3000 + well in the Gulf. This could have been anyone elses well. Ever think what would be going on , clean up wise , if this oil well was owned by China, or someother country??? They would walk away and go home and leave the mess.
It is spelled C-O-N-F-L-I-C-T of I-N-T-E-R-E-S-T.

Maybe it seems like business as usual in Celina, but in most other places, such blatant misuse of elected power is frowned on.

Your favorite son was way over the top in saying that US taxpayers should pay for BP's spectacular mess. Now we begin to understand why John the Shareholder took it upon himself to become the mouthpiece for such a daft brain cramp.
Hooked on Fonics

Columbus, OH

#16 Jun 17, 2010
Hey moron who is marking everyone with whom you don't agree as spam, go jump in a lake.
lazy reporting

North Hampton, OH

#17 Jun 17, 2010
Obtuse, what evidence do you see in this story that Boehner still holds shares in BP?
Exegesis

Westerville, OH

#18 Jun 17, 2010
Maybe that's why he wants the taxpayers to pay for the oil spill, instead of BP....
CSD

Columbus, OH

#19 Jun 17, 2010
The loonie kooky libs love it when someone loses money. It's all part of the socialistic agenda they covet. This is such a non-story it's pathetic.
james

Huntington, WV

#20 Jun 17, 2010
Beoner once passed tobbacco lobby checks to his fellow members on the congressional floor. Is it any suprise the republicans have no shame? Boener sure did laud dick cheney's energy policy.

Someone needs to tell the bimbo act of palin and bachman to strap on the bikinis, swim down to that leaking well, and turn it off.

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