Topic: Vanguard Wellington

1 chapters across the catalog

Escrow Schmeshcrow
Episode 209 55:25 - 58:02

209: Escrow Schmeshcrow

Vanguard Wellington, Obama Blind Trust

A discussion of President Obama's financial assets reveals that his blind trust is invested in the Vanguard Wellington fund, which holds significant positions in major oil companies. The hosts suggest this creates a conflict of interest while the administration publicly criticizes BP and the oil industry.