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Old 12-10-2013, 03:24   #1
BMT (RIP)
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Florida Democratic congressman loses $18 million in scheme

http://www.foxnews.com/politics/2013...cmp=latestnews



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Old 12-10-2013, 06:43   #2
rubberneck
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Quote:
Nothing in the court papers suggests Grayson was anything but a victim of the scheme. Grayson, a former trial attorney, said he has had a long record for picking winning stocks, which formed the basis for his personal fortune.

Quote:
In 2007, Grayson had $9.35 million in a stock portfolio that Chapman was supposed to be holding as collateral. In that year alone, the portfolio's value increased by 147 percent, to $23 million, according to a chart in the court documents.
As a Congressman and trial lawyer he's a better investor than Warren Buffet.
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