Saturday, July 28, 2012

Keyes: Senate candidate shorting US Bonds

Scott Keyes, son of Ralph and Muriel and a former Yellow Springer who writes for the blog "Think Progress," reported, yesterday, that Ohio State Treasurer, Josh Mandel, who is running for the U.S. Senate against incumbent Sherrod Brown, has been betting against the U.S. Debt by shorting Treasury Bonds.

"Though Mandel’s Treasury-shorting holdings may not be gigantic at the moment, their value would soar in the event of a debt default," Keyes writes. Mandel has been campaigning on a debt reduction platform.

EXCLUSIVE: GOP Senate Nominee Shorting U.S. Treasury Bonds, Would Profit From Government Default

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