Issa raked in $59.4 million last year

House disclosure form shows he dabbled in junk bond funds

North County Congressman Darrell Issa took in $59.4 million last year, according to a disclosure form he filed with the House, according to the publication Politico. Issa pared down his debt in 2012 as bank borrowings dropped from $100 million in 2011 to $75 million in 2012, says Politico. He bought and sold funds managed by some big outfits including BlackRock and Goldman Sachs. His holdings included some junk bond funds, according to the filing. He sold three properties last year -- two in Vista and one in Carlsbad. Politico says Issa was worth more than $355 million at the end of last year, up roughly $100 million.

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Comments

Interesting, Issa is the Bernard Madoff of politics.

Anon92107: Issa has a shady past, to be sure. And he is chairman of the House Oversight and Government Reform Committee. Best, Don Bauder

That means Issa can prevent any oversight and reform of republicans who are destroying American Democracy. He is the new Joe McCarthy.

Anon92107: Issa is aggressively pursuing Obama. Best, Don Bauder

Just another perk of being a politician,

Murphyjunk: Issa is one of the richest in Congress. Best, Don Bauder

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