“As First Republic Bank faltered, five members of Congress dumped their personal stock investments”

That’s the lede from Raw Story. 

The piece goes on to state that “there’s no evidence that the lawmakers used information they obtained through their public service to inform their First Republic stock trades,” and four of the five (the other offered no comment) said that the relevant portfolios are handled by independent money managers without the Members’ knowledge of or control over particular transactions.

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