Following Mass Outrage, Fed Presidents Kaplan, Rosengren Will Sell All Their Stocks Due To "Ethics Concerns" | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

Following Mass Outrage, Fed Presidents Kaplan, Rosengren Will Sell All Their Stocks Due To "Ethics Concerns"

Tuesday's news that Dallas Fed president (and former Goldman vice chair of I-banking) Robert Kaplan had made multiple million-dollar trades in his massive portfolio in 2020, which in addition to $1MM+ holdings of stocks such as Apple, Tesla, Amazon, Google Chevron and Boeing, also held at least $1 million of the Floating Rate Bond ETF, FLOT...

... trading on clear, explicit inside information in a time when the Fed was setting monetary policy benefiting stock investors and potentially benefiting himself to the tune of millions dollars sparked a widespread popular furore not to mention countless hours of entertainment for people in the financial community.

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