Obama's money: Heavy on Treasuries
May 17th, 2011
11:45 AM ET
3 years ago

Obama's money: Heavy on Treasuries

WASHINGTON (CNNMoney) – A big portion of President Obama's wealth is invested in federal debt, according to a financial disclosure form released Monday.

The president and First Lady Michelle Obama had assets valued between $2.8 million and $11.8 million in 2010.

FULL STORY

Filed under: Michelle Obama • President Obama
soundoff (13 Responses)
  1. gt

    not bad .. but once he leaves office ... that will be pocket change....win or loose in 2012...

    May 17, 2011 11:48 am at 11:48 am |
  2. Democrat Class Warfare - Destroying the economy, destroying the country (the very real deal)

    Is that a picture of him wavintg good bye to his investements when the government goes belly up and defaults?

    May 17, 2011 11:58 am at 11:58 am |
  3. ConservaFASCISTS

    Great investments First Fam. When the President and the First Lady write their memoirs in 2017 or so, they're really gonna rake in some big bucks.

    May 17, 2011 12:00 pm at 12:00 pm |
  4. AZ DEM

    Its funny to me how Obama is always criticized as being coprrupt or that he is hiding something from the American people...well his birth certificate is out now..his financial records are fully disclosed...I mean seriously this guy has nothing to hide and if he does hes doin a DAMN good job hiding whatever it is LOL

    OBAMA 2012

    May 17, 2011 12:01 pm at 12:01 pm |
  5. Dominican mama 4 Obama

    Imagine that! The President investing and believeing in the financial future of our country by putting his money where his mouth and his actions are.
    Where are the Haliburton stocks? Oops sorry wrong adminstration.

    May 17, 2011 12:08 pm at 12:08 pm |
  6. Democrat Class Warfare - Destroying the economy, destroying the country (the very real deal)

    The President investing and believeing in the financial future of our country by putting his money where his mouth and his actions are.
    =================================================================================================
    Seems he's the only one dumb enough to buy these poor grade securIties! Even the Chinese are shying away from them.

    May 17, 2011 12:14 pm at 12:14 pm |
  7. Double W

    Who gives a rip. The only thing I find strange is they go to lengths to purport he investments in US Treasuries. Good for him – so does China. I find it more telling that there is nothing said about his advisers confidence in US companies and investing in that area. Oh Yeah – he hates American business.

    May 17, 2011 12:21 pm at 12:21 pm |
  8. Dominican mama 4 Obama

    I could not be prouder of THIS President: family man, caring for his fellow man, good values, spiritual,hard-worker.merica

    Take note Sarah Palin et al, he embodies and represents the BEST, and the great values that our country stands for.

    May 17, 2011 12:24 pm at 12:24 pm |
  9. danny

    I guess those are the deposit he has made from political donations.

    May 17, 2011 12:39 pm at 12:39 pm |
  10. Darrell

    Democrat Class Warfare – Destroying the economy, destroying the country (the very real deal)

    One of these days, perhaps, you will provide comments that people will really care to read...you fail to impress reads with you immature, ignorance....Yes you have a right to say what you want and express your first adm. And I would die to have you keep your right to do this, but your contributions are often without facts and feel with hate...I truly feel sorry for those who have to be around you at anytime of the day...hopefully you will find that life is worth living and the president is doing good things to help this country succeed...God knows, I cannot imagine that you actually prefer the economic down turn/crisis under GWB.

    May 17, 2011 12:51 pm at 12:51 pm |
  11. Fair is Fair

    'Imagine that! The President investing and believeing in the financial future of our country by putting his money where his mouth and his actions are."

    I could be wrong, but I believe he cannot invest in much other than government securities. Alan Greenspan was limited in what investment vehicles he possed due to the fact that he was chairman of the Fed and as such, decisions made by him could be thought of as a form of insider trading. My guess is that Obama might be in the same boat.

    May 17, 2011 12:54 pm at 12:54 pm |
  12. Lillie

    Shame on you, Danny!!!!! Pres. and Mrs. Obama has earned their wealth by getting the very best education that our country has to offier and working hard. And someday they'll get their due!! Unfortunately its never easy wheh you're the first to break through any GLASS CEILING!! More importantly, they are role modells for families all over the world....a man who loves and cherishes the First Lady and their beautiful daughters !

    OBAMA/BIIDEN 2012

    May 17, 2011 01:18 pm at 1:18 pm |
  13. vet in texas

    Until the GOP gets a real candidate in the fold with a personality, then he is a shoe-in for 2012. Not saying that policies aren't involved because they are, but in order to sway those in the middle (whom elections depend on), you have to have personality. The fact that the GOP has alienated any brown vote, the middle class in WI, OH, NJ, and MI, the youth, and now the retired, they have to have personality to unseat Obama. You can't really run on jobs (you ran on that earlier and didn't propose any legislation regarding it), you can't run on national security (OBL), you can't run on SSI.Medicare.medicaid (ryans budget is toxic), so you have to run on misleading and immature statements that only your followers will appreciate. Romney, Huntsman, Pawlenty, Santorum, Gingrich, Bachmann, Palin, Cain, and Paul combined do not have more personality than Obama. He's smarter than all of them, and closer to regular than any of the aformentioned. I'll take any and all bets to those who can't think outside of the box and see the big picture. The fox viewers/talk radio listeners do not have enough numbers and are naive thinking EVERYONE deep down inside agrees with them. The leaders know this but also know that your money is more important than a viable candidate.

    May 17, 2011 01:34 pm at 1:34 pm |