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View Diary: Congratulations And Thank You Senator Mitch McConnell! (4 comments)

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  •  Link to WaPo article with the info (3+ / 0-)

    McConnell's assets compared to other Senators

    McConnell's assets increased almost 10x in 6 short years while his colleagues assets simply 2x doubled.  McConnell's wealth jumped from $3.1 million in 2004 to $27.2 million in 2010. As a comparison to his fellow Senators who went from $1.5 million to $2.6 million.

    As Senate minority leader, McConnell was a point person once the stimulus moved to the Senate. When it looked like it was in jeopardy, Paulson worked the phones to salvage the deal. "The stimulus train is grinding to a halt," McConnell told reporters on Jan. 31, following several calls with Paulson in the previous week. That same day, he made trades worth between $60,000 and $200,000, rearranging four mutual funds and selling shares in an international fund, buying shares in another and reconfiguring investments in two domestic funds.
    The majority of McConnell's assets are liquid...  held in cash/Money Market/Savings/Checking. $18.5 million in 2010.

    A society grows great when old men plant trees in whose shade they know they shall never sit.

    by bronte17 on Wed Jun 19, 2013 at 10:34:29 AM PDT

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