Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (137346)	7/8/2012 9:34:00 PM
From: Follies	5 Recommendations Read Replies (1) \| Respond to of 224757

Obama is the only president with a capital loss carry forward of over $100k. Suspicious isn't it?

To: Wayners who wrote (137346)	7/9/2012 8:13:07 AM
From: TideGlider	2 Recommendations Read Replies (1) \| Respond to of 224757

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.