A Look at Weiner’s Assets
Anthony Weiner officially resigned Thursday, but the now former-New York congressman has a few hundred thousand dollars in assets to lighten the blow. Weiner owns a portfolio of 19 stocks worth somewhere between $190,000 and $285,000, made up mostly of blue-chip stocks like 3M (NYSE:MMM), Dow Chemical (NYSE:DOW), Cisco Systems (NASDAQ:CSCO), and Merck (NYSE:MRK), but also some tech and energy firms like Micron Technology (NASDAQ:MU) and Rowan Companies (NYSE:RDC).
Last year alone, Weiner made a total of 8 stock transactions, selling shares of Dow, McGraw-Hill (NYSE:MHP), Wells Fargo (NYSE:WFC), and Motors Liquidation Co. (MTLQQ). He reported capital gains between $200 to $1000 on just one of those transactions, and interest income of around the same on another. He also purchased shares of Live Nation (NYSE:LYV), Cisco, Corning, and the Williams Companies (NYSE:WMB).
While the congressman was essentially shamed out of his position for (insert Weiner joke here), when you’ve made your bed out of money, it’s not so bad when you have to lie in it.
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