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Politics : Liberalism: Do You Agree We've Had Enough of It?
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To: Wayners who wrote (137346)7/9/2012 8:13:07 AM
From: TideGlider2 Recommendations  Read Replies (1) of 224759
 
I would like to believe that scenario, but if you look at his returns you can see he inherited a large amount of the Hawaiian bank stock, likely from his grandmother. His grandmother was quite wealthy although the press likes the rags to riches story for Obama. Obama sold the stock for a loss as all stocks were down anyway. He may have been forced to sell the stock as president.

I saw that capital gain loss as well and it made me look further. The stock must have been worth far more prior to the sale.
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