The New York Times has a story about Obama’s financial transactions. What stands out is that on his behalf his accountant made a highly speculative stock purchase that coincided with his major donors’ investments, which Obama sold at a loss after finding out about. However, the purchase included a biotech buy, two weeks after which he began making fighting avian flu a priority (though the corporation in question hasn’t received any federal funds for avian flu).
Is this a real issue? I’m too cynical to care about ethics issues – in my mind, every politician is as ethical as Vito Corleone, but some are better than others at hiding it – but your mileage may vary. Do you think it’s a real instance of corruption, or a legitimate dealing?