« With this now-bubbling is... | Talking Points Memo Home | More on blind trusts from... »

09.21.05 -- 6:48PM
By Josh Marshall

TPM Reader JS points us to this definition of 'blind trust' at investopedia.com ...

A trust in which the executors have full discretion over the assets, and the trust beneficiaries have no knowledge of the holdings of the trust ... Blind trusts are generally used when a trustor wishes to keep the beneficiary unaware of the specific assets in the trust, such as to avoid conflict of interest between the beneficiary and the investments.

Guess that mean some unnamed Senate Majority Leader didn't really have a blind trust?

Recent Archives

July 6, 2008 - July 12, 2008
June 29, 2008 - July 5, 2008
June 22, 2008 - June 28, 2008
June 15, 2008 - June 21, 2008

TPM News Headlines




Share
Close Social Web Email

"To" Email Address

Your Name

Your Email Address