Of course it is. The Senators and Congressmen/women are saving their own arses.
According to Bloomberg.com, 56 members of Congress had stakes in AIG, Lehman, Fannie Mae and Freddie Mac or Bear Sterns. (Their source is the Center for Responsive Politics.)
Some of the big names: Pelosi, in her most recent financial disclosure form, reported that her husband owned between $250,000 and $500,000 of AIG stock. John Kerry's wife Teresa Heinz had more than $2-million of AIG stock at the end of 2007 where shares were worth $58.30. And these are Democrats.
Rep. Robin Hayes, a South Carolina Republican, had Congress' biggest AIG stake. His stock was worth between $2.8 million and $11.5 million.
They've been yanking our chain all week just to make it look good for them.
So bend over and take it like a man, woman, sheep, whatever.
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