Can the president of a country (such as the United States) personally invest in stocks? Can his wife and relatives invest in stocks?
2006-11-02 05:31:45 · 7 answers · asked by shohoku201 2 in Business & Finance ➔ Investing
In the United States the government officials and their families must put their assets into a blind trust. They do not make any decisions about investments and are not supposed to be able to find out what the trustee is investing in or influence decisions in any way.
2006-11-02 08:14:08 · answer #1 · answered by waggy_33 6 · 0⤊ 1⤋
I think there shouldn't be a problem for a president to invest, some of the politicians are /were businessman...but they have to use their own money and should prioritize their responsibilty to the country.
2006-11-02 05:56:18 · answer #2 · answered by Anonymous · 1⤊ 0⤋
Although a President probably could invest, there would be tremendous fallout if that was discovered. I believe that most politicians have 'blind trusts' that are set up so that they cannot knowingly help their own investments.
2006-11-02 05:45:33 · answer #3 · answered by words_smith_4u 6 · 1⤊ 0⤋
yes, like any other private citizen, but only with his own money.
2006-11-02 05:40:46 · answer #4 · answered by romulusnr 5 · 1⤊ 0⤋
Why not? They are just people with a job......
2006-11-02 06:42:42 · answer #5 · answered by More Lies & More Smoke Screens 6 · 1⤊ 0⤋
......... you think he will dabble in such small things ............
2006-11-02 05:35:27 · answer #6 · answered by spaceman 5 · 0⤊ 1⤋