Submitted by Tom on Sat, 2010-07-03 12:10
It turns out that Tom Latham is the wealthiest of Iowa's congressional delegation, and he has millions in the bank holding company Green Circle Investments, Inc. No wonder Latham is so opposed to Wall Street reform! It's interesting that Green Circle had $2.4 million in TARP bailout money, the program that Latham has vehemently opposed. Our congressman must be the biggest hypocrite in the House.
Latham the richest, King the poorest of Iowa’s congressional delgation
By Adam B Sullivan 7/2/10 4:00 PM
Republican farmer-congressman Tom Latham of Ames owns assets valued between about $2 million and $8 million last year, according to financial disclosure statements released recently.
Latham’s coffers were lined with farm properties, savings and a handful of investments at the end of the statement period. The 61-year-old’s most valuable asset is a stake of common stock the bank holding company Green Circle Investments Inc. valued between $1 and $5 million.