Congress Has It’s Money in GE and Real Estate

by James & Miel on December 2, 2006 · 0 comments

Hi All,

As part of our mission to bring you the most interesting personal finance tidbits on the web, today’s cruising has yielded a gem worth blogging about. As you may have noticed, many members of our nation’s representative body, the U.S. congress, are execeptionally wealthy.

If you’re like us DINKS, you’ll likely wonder how they got that way. Well, it turns out the most popular stock held by congress is GE. Not only that, the most common asset class was real estate with finance & insurance being the most popular sector.

If you want more details, Opensecrets.org has the skinny on congressional wealth.

Enjoy your surfing!

Best,

James

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