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Morgan Griffith: “And it is a for profit company even though we haven't gotten…”

Featuring: Morgan Griffith, Republican | U.S. House Virginia, District 9

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Morgan Griffith Presses Expert On Mandatory Divestiture Policy For All Members Of Congress

Published | Video Starts at 02:11

But if I'm forced to divest, the company probably has to fold and sell out because they can't afford. They couldn't. It's not a cash flow business. Our idea was to keep the pool open. And it is a for profit company even though we haven't gotten a dividend in about 15 years. And nobody's upset about that because we're trying to keep the facility open for the community. But we have made money. There was a time in the 90s where we made some pretty good money. (02:11–02:17)

CLAIM

Asserts that the swimming pool company is for-profit but hasn't paid dividends in about 15 years.

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