Wednesday, June 29, 2011

Eric Cantor's glaring conflict of interest


He's the GOP's chief debt ceiling negotiator. He's also invested in a fund that will skyrocket if there's a default

Eric Cantor's glaring conflict of interest
AP/J. Scott Applewhite
Eric Cantor
When Eric Cantor shut down debt ceiling negotiations last week, it did more than just rekindle fears that the U.S. government might soon default on its debt obligations -- it also brought him closer to reaping a small financial windfall from his investment in a mutual fund whose performance is directly affected by debt ceiling brinkmanship.

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