Lots of Congress Members own and often trade Goldman Sachs stocks.
Oddly, from 2004-2006, according to my source, there are no Goldman Sachs stocks owned by Congress members. However, in 2007 12 members of Congress sold some of their Goldman Sachs shares including John McCain and John Kerry.
This diary is more For the Record and to open some eyes.
For those who want to do their own research, you can go to www.opensecrets.org. I really enjoy using the "Search PFD database by" feature. I use it to look up a candidate or an individual company.
First off, for some reason in the 2009 listing of transactions for 2009, here are the transactions that happened TODAY! At $2 a share increase this AM, Jane and Kay may have made some money today.
Jane Harman (D-Calif) Goldman Sachs Purch 01/27/12 $100,001 to $250,000
Jane Harman (D-Calif) Goldman Sachs Purch 01/27/12 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Purch 01/27/12 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Sold 01/27/12 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Sold 01/27/12 $1,001 to $15,000
Jane Harman (D-Calif) Goldman Sachs Sold 01/27/12 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Sold 01/27/12 $15,001 to $50,000
Kay R. Hagan (D-NC) Goldman Sachs Purch 01/27/12 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Sold 01/27/12 $1,001 to $15,000
Let's look at 2008, the year of the CRASH:
To see who owns and/or traded what, click on each item showing in brown color.
Who owned Golman Sachs shares in 2008.
Click the above to see the whole list. The biggest investors in 2008 are:
Randy Neugebauer (R-Texas) $250,001 to $500,000
Jim Himes (D-Conn) $250,001 to $500,000
Ted Kaufman (D-Del) $90,230
Fred Upton (R-Mich) $50,001 to $100,000
F. James Sensenbrenner Jr. (R-Wis) $42,195
Kenny Marchant (R-TX) $40,053
Phil Roe (R-Tenn) $34,560
Kay R Hagan (D-NC) $18,004 to $95,000
Jane Harman (D-Calif) $18,004 to $95,000
Christopher S. 'Kit' Bond (R-Mo) $15,001 to $51,000
Ben Nelson (D-Neb) $15,001 to $50,000
Jim Langevin (D-RI) $15,001 to $50,000
Eric Cantor (R-Va) $15,001 to $50,000
Mark Begich (D-Alaska) $15,001 to $50,000
Who traded Goldman Sachs shares in 2008?
Goldman Sachs stocks were heavily traded by members of Congress. John Kerry sold a ton and Randy Neugebauer bought a ton. Paul Ryan bought and sold a number of times. Here's a partial list, showing the largest transaction.
John Kerry (D-Mass) Goldman Sachs Sold 03/31/08 $1,000,001
John Kerry (D-Mass) Goldman Sachs Sold 03/31/08 $500,001 to $1,000,000
Randy Neugebauer(R-TX) Goldman Sachs Purch 12/11/08 $250,001 to $500,000
Randy Neugebauer(R-TX) Goldman Sachs Purch 02/29/08 $50,001 to $100,000
Randy Neugebauer (R-TX) Goldman Sachs Purch02/29/08 $50,001 to $100,000
(For some reason the transactions dates aren't included on Open Secrets for Jane)
Jane Harman (D-Calif) Goldman Sachs Purchased $100,001 to $250,000
Jane Harman (D-Calif) Goldman Sachs Sold 10/30/08 $50,001 to $100,000
Jane Harman (D-Calif) Goldman Sachs Purchased $50,001 to $100,000
Jane Harman (D-Calif) Goldman Sachs Sold $50,001 to $100,000
Jane Harman (D-Calif) Goldman Sachs Sold $50,001 to $100,000
Jane Harman (D-Calif) Goldman Sachs Purchased $50,001 to $100,000
Christopher S. 'Kit' Bond (R-Mo) Goldman Sachs Sold 06/24/08 $50,001 to $100,000
John Kerry (D-Mass) Goldman Sachs Sold 03/24/08 $50,001 to $100,000
John Kerry (D-Mass) Goldman Sachs Sold 03/24/08 $50,001 to $100,000
Parker Griffith (D-Ala) Goldman Sachs Sold 08/06/08 $50,001 to $100,000
Which Congress Members own/trade Goldman Sachs in 2009?
Here is the list of the biggest Goldman Sachs investors in 2009. Six Dems and 21 GOPs:
Randy Neugebauer (R-Texas) $350,002 to $750,000
Kenny Marchant (R-Texas) $58,869
Sheldon Whitehouse (D-RI) $30,002 to $100,000
Phil Roe (R-Tenn) $21,602
F. James Sensenbrenner Jr (R-Wis) $16,816
John Boehner (R-Ohio) $15,001 to $50,000
Vernon Buchanan (R-Fla) $15,001 to $50,000
Jane Harman (D-Calif) $15,001 to $50,000
Eric Cantor (R-Va) $15,001 to $50,000
George S. Lemieux (R-Fla) $15,001 to $50,000
William M. Daley $15,001 to $50,000
Richard Blumenthal (D-Conn) $8,408
Jack Kingston (R-Ga) $8,239
Richard A. Berg (R-ND) $3,026
Kay R. Hagan (D-NC) $2,002 to $32,000
Here's Goldman Sachs transactions for 2009.
Here are the largest transactions for 2009:
Jim Himes (D-Conn) Goldman Sachs Sold 01/13/09 $250,001 to $500,000
Jim Himes (D-Conn) Goldman Sachs Sold 04/14/09 $250,001 to $500,000
Jane Harman (D-Calif) Goldman Sachs Sold 09/30/09 $100,001 to $250,000
Jane Harman (D-Calif) Goldman Sachs Purch 01/27/12 $100,001 to $250,000
Randy Neugebauer (R-TX) Goldman Sachs Purch 03/09/09 $100,001 to $250,000
Jeff Bingaman (D-NM) Goldman Sachs Sold 12/01/09 $50,001 to $100,000
Jeff Bingaman (D-NM) Goldman Sachs Purch 11/19/09 $50,001 to $100,000
Jeff Bingaman (D-NM) Goldman Sachs Purch 12/01/09 $15,001 to $50,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 10/20/09 $15,001 to $50,000
John Boehner (R-Ohio) Goldman Sachs Purch 12/10/09 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Sold 10/19/09 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Purch 01/27/12 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Purch 01/27/12 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Sold 10/19/09 $15,001 to $50,000
Jane Harman (D-Calif) Goldman Sachs Sold 01/27/12 $15,001 to $50,000
Dave Camp (R-Mich) Goldman Sachs Sold 05/20/09 $15,001 to $50,000
Dave Camp (R-Mich) Goldman Sachs Purchased $15,001 to $50,000
Kay R. Hagan (D-NC) Goldman Sachs Sold 01/27/12 $15,001 to $50,000
Sheldon Whitehouse (D-RI) Goldman Sachs Purch 08/25/09 $15,001 to $50,000
Sheldon Whitehouse (D-RI) Goldman Sachs Purch 05/05/09 $15,001 to $50,000
Who owns largest number of Goldman Sachs stocks in 2010? 9 Dems, 17 GOPs
Randy Neugebauer (R-Texas) $350,002 to $750,000
Kenny Marchant (R-Texas) $58,869
Sheldon Whitehouse (D-RI) $30,002 to $100,000
Phil Roe (R-Tenn) $21,602
F. James Sensenbrenner Jr (R-Wis) $16,816
John Boehner (R-Ohio) $15,001 to $50,000
Vernon Buchanan (R-Fla) $15,001 to $50,000
Jane Harman (D-Calif) $15,001 to $50,000
Eric Cantor (R-Va) $15,001 to $50,000
George S. Lemieux (R-Fla) $15,001 to $50,000
William M. Daley $15,001 to $50,000
Richard Blumenthal (D-Conn) $8,408
Jack Kingston (R-Ga) $8,239
Richard A. Berg (R-ND) $3,026
Kay R. Hagan (D-NC) $2,002 to $32,000
Who traded Goldman Sachs in the year 2010? There are a whopping 106 transaction that seem to be divided between approximately 10 Congress members. Leaves one wondering when they had time to do their Congress jobs.
Here's the whole list just to demonstrate how a few members of Congress are really active traders. Keep in mind, this is JUST Goldman Sachs. And the amounts are N/A or not available for more this year than usual.
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Bill Cassidy (R-La) Goldman Sachs Sold 02/08/10 N/A
Christopher "Kit" Bond (R-Mo) Goldman Sachs Exchanged 11/29/10 $50,001 to $100,000
Claire McCaskill (D-Mo) Goldman Sachs Sold 12/14/10 $1,001 to $15,000
David Vitter (R-La) Goldman Sachs Sold 12/07/10 $1,001 to $15,000
James B. Renacci (R-Ohio) Goldman Sachs Sold 04/30/10 N/A
James B. Renacci (R-Ohio) Goldman Sachs Sold 07/08/11 N/A
James B. Renacci (R-Ohio) Goldman Sachs Purchased 05/10/11 N/A
James B. Renacci (R-Ohio) Goldman Sachs Sold 12/22/11 N/A
Jeff Bingaman (D-NM) Goldman Sachs Sold 04/19/10 $15,001 to $50,000
Jeff Bingaman (D-NM) Goldman Sachs Purchased 04/27/10 $15,001 to $50,000
Jeff Bingaman (D-NM) Goldman Sachs Sold 04/19/10 $1,001 to $15,000
Jeff Bingaman (D-NM) Goldman Sachs Purchased 04/27/10 $1,001 to $15,000
Jeff Bingaman (D-NM) Goldman Sachs Sold 04/29/10 $1,001 to $15,000
Jim Langevin (D-RI) Goldman Sachs Sold 04/29/10 $15,001 to $50,000
John Kerry (D-Mass) Goldman Sachs Purchased 02/01/10 $1,001 to $15,000
John Kerry (D-Mass) Goldman Sachs Sold 04/22/10 $1,001 to $15,000
John Kerry (D-Mass) Goldman Sachs Purchased 02/01/10 N/A
John Kerry (D-Mass) Goldman Sachs Sold 04/22/10 N/A
Kay R. Hagan (D-NC) Goldman Sachs Purchased 01/26/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 02/03/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 05/17/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 06/01/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 07/19/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 04/06/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 06/10/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 10/14/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 04/16/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 10/13/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 10/14/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 04/09/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 04/21/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 06/14/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 06/15/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 11/04/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 01/26/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 02/03/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 05/17/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 06/01/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 07/19/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 05/04/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 05/20/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 05/21/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Purchased 12/15/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 04/09/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 04/21/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 06/14/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 06/15/10 $1,001 to $15,000
Kay R. Hagan (D-NC) Goldman Sachs Exchanged 11/04/10 $1,001 to $15,000
Kenny Marchant (R-Texas) Goldman Sachs Purchased 04/23/10 Buy-Securities Purchased N/A
Kenny Marchant (R-Texas) Goldman Sachs Sold 04/29/10 Sell-Securities Sold N/A
Larry D. Bucshon (R-Ind) Goldman Sachs Purchased 12/31/10 N/A
Larry D. Bucshon (R-Ind) Goldman Sachs Purchased 09/30/10 N/A
Larry D. Bucshon (R-Ind) Goldman Sachs Purchased 06/30/10 N/A
Larry D. Bucshon (R-Ind) Goldman Sachs Purchased 03/31/10 N/A
Mark Warner (D-Va) Goldman Sachs Purchased 04/21/10 $250,001 to $500,000
Mark Warner (D-Va) Goldman Sachs Exchanged 06/08/10 $250,001 to $500,000
Mike Pompeo (R-Kan) Goldman Sachs Sold 12/28/10 $1,001 to $15,000
Nan Hayworth (R-NY) Goldman Sachs Sold 12/31/10 $1,001 to $15,000
Phil Roe (R-Tenn) Goldman Sachs Purchased 06/23/10 N/A
Richard A. Berg (R-ND) Goldman Sachs Purchased 08/31/10 N/A
Richard A. Berg (R-ND) Goldman Sachs Purchased 08/30/10 N/A
Sheldon Whitehouse (D-RI) Goldman Sachs Purch 07/13/10 $1,001 to $15,000
Tom Price (R-Ga) Goldman Sachs Sold 05/04/10 N/A
Tom Price (R-Ga) Goldman Sachs Sold 05/04/10 N/A
Tom Price (R-Ga) Goldman Sachs Sold 05/04/10 N/A
Tom Price (R-Ga) Goldman Sachs Sold 05/04/10 N/A
Tom Price (R-Ga) Goldman Sachs Purch 01/14/10 N/A
Vernon Buchanan (R-Fla) Goldman Sachs Purch 05/13/10 $15,001 to $50,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 05/13/10 $15,001 to $50,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 08/31/10 $15,001 to $50,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 09/29/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 10/06/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 11/23/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 11/23/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 11/23/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 01/21/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 01/25/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 04/08/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 04/20/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 04/26/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 05/07/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 05/28/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 06/11/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 06/11/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 06/25/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 07/20/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 07/20/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 07/22/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 08/17/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 08/19/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 09/29/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 10/06/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Purch 10/19/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 11/05/10 $1,001 to $15,000
Vernon Buchanan (R-Fla) Goldman Sachs Sold 12/16/10 $1,001 to $15,000
AND THIS IS JUST GOLDMAN SACHS!!
Let's look at Vernon Buchanan trades each year:
2006, he had 173 totaling $91,824,173 to $342,435,000
2007, he had 687 totaling $25,755,642 to $97,300,000
2008, he had 656 totaling $24,145,650 to $93,700,000
2009, he had 1245 totaling $13,836,235 to $60,650,000
2010, Vernon Buchanan had 3317 totaling $22,608,316 to $120,000,000
To be fair, let's look at Jane Harman trades over time
In 2004, 1172 totaling $22,545,172 to $75,010,000
In 2005, 820 totaling $47,564,819 to $128,160,000
In 2006, 1234 totaling $207,255,231 to $710,585,001
In 2007, 2086 totaling $118,481,085 to $431,135,000
In 2008, 3199 totaling $144,052,140 to $466,485,000
In 2009, 2954 totaling $131,023,941 to $482,115,000
In 2010, 190 totaling $20,283,190 to $46,395,000
Mitch McConnell's Assets as a Senator sure increase over time. As in 10 fold!
ASSETS
2004 - 24 totaling $1,984,029 to $4,511,000
2005 - 33 totaling $1,895,032 to $4,379,000
2006 - 29 totaling $2,508,032 to $8,571,000
2007 - 29 totaling $3,108,033 to $12,821,000
2008 - 35 totaling $7,252,038 to $33,056,000
2009 - 32 totaling $7,102,036 to $32,756,000
1020 - 37 totaling $9,839,049 to $44,587,000
DAMN! The Recession has been GOLDEN for Mitch, what's he always bitching about anyway?
To be fair, let's look at Harry Reid's assets over time.
ASSETS
2004 - 100 totaling $2,144,090 to $5,546,000
2005 - 109 totaling $2,300,055 to $5,329,000
2006 - 59 totaling $2,063,056 to $4,832,000
2007 - 60 totaling $2,763,056 to $6,324,000
2008 - 59 totaling $2,927,056 to $6,358,000
2009 - 57 totaling $3,062,056 to $6,707,000
2010 - 58 totaling $3,402,053 to $10,360,000
Ok, only doubled his worth, but still Harry prospered in the recession, too.
How about John Boehner's assets? Ok, he also only doubled his worth.
How about Nancy Pelosi? She has done very well, too from a maximum of $93,000,000 to over $200,000,000
HERE'S A NOVEL IDEA?
How about Congress members CONTRIBUTE HALF OF THEIR GAINS as members of Congress to the DEFICIT. Just half, we don't want to be greedy. Right.