View Full Version : Cheney invests $10-25 million in Euro Bonds

02-04-2008, 12:15 AM



Expecting dollar drop?
The Cheneys also had between $10 million and $25 million in American Century International Bond (BEGBX, news, msgs). The fund buys mainly high-quality foreign bonds (predominantly in Europe) and rarely hedges against possible increases in the value of the dollar. Indeed, its prospectus limits dollar exposure to 25% of assets and the fund currently has only 6% of assets in dollars, according to an American Century spokesman.

The Cheneys' total assets could be as high as $94.6 million, according to the disclosure form. The vice president's advisers say the vice president pays no attention to his investments. His lawyer, Terrence O'Donnell, says outside money managers supervise the investments. "He has nothing to do with it," O'Donnell says.

02-04-2008, 12:18 AM
Right the MOTHER FREAKING VICE PRESIDENT OF THE DIVIDED STATES OF EMBARRASSMENT doesn't know how he invests his money. Come on!!!!! How dumb do they think I am. They really try so hard to insult me lol