Cantor Has Up to $15K Bet on Government Default - It's just a teeny tiny conflict of interest, Jonathan Easley argues: "As Eric Cantor last week negotiated an increase in the federal debt ceiling, he had between $1,000 and $15,000 invested in a fund that aggressively shorts US bonds, according to his latest financial disclosure statement. If Congress fails to raise the debt ceiling and the US defaults, the value of that investment would skyrocket—in fact, it’s already up 3.3% since Cantor walked away from negotiations on Thursday, Jonathan Easley of Salon writes."
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