Originally Posted by blueash

As reported today in the Richmonder, from Richmond VA, Paul Ryan attended a closed door briefing on the upcoming finanacial collapse of several banks getting information from Bernanke on which particular banks were most likely to fail. This meeting occurred on Sept 18, 2008
What did Congressman Ryan do with the information he received? On that same day, he sold the at risk banks and bought banks he was told were safe. Coincidence? This was NOT illegal insider trading in 2008 but as a result of legislation proposed and signed by Obama it would now be a crime. Here was what Ryan had to say in his vote in support of the legislation making insider trading by Congressmen illegal

“Insider trading should never occur and should never be tolerated"

Good thing that Romney's retroactive financial rules don't apply to Mr. Ryan
The Richmonder: Paul Ryan traded on insider information to avoid 2008 crash