Economy

Paul Ryan used his congressional insider information to make money in the 2008 crash by selling banking stocks such as Wachovia and Citigroup, which were about to sink, and buying Goldman Sachs, which was about to rise.

"Paul Ryan, Mitt Romney's vice-presidential running mate, sold stock in US banks on the same day he attended a confidential meeting where top level officials disclosed the sector was heading for a deep crisis.
The congressman on Monday denied profiting from information gleaned from the meeting on 18 September 2008 when Federal Reserve chairman Ben Bernanke, then treasury secretary Hank Paulson and others outlined their fears for the banking sector. His office said he had no control over the trades."

Sure. It was just a coincidence. On the one hand, what was he supposed to do, ignore the information and lose money? That would have been stupid. On the other hand, this makes him a hypocrite since the government won't allow anybody else to use insider information. Ryan is a standard, self-serving, political creep.