Capito Takes a Hit on Wall Street (Updated)

USA Today offers a teaser from a Roll Call (subscriber only) article that found "the personal portfolios of 51 representatives and senators may lose as much as $13.2 million in value thanks to the credit crisis that has cleaved the value of shares in banks and other financial institutions.

"Roll Call says Rep. Shelley Moore Capito, a West Virginia Republican who serves on the Financial Services Committee, may have lost the greatest amount of money, somewhere between $859,000 and $3.44 million," the blurb said.

Update: Roll Call says Capito is not one of the two lawmakers who "held stock in Bear Stearns, the Wall Street giant whose federally backed sale is now drawing scrutiny on Capitol Hill." It instead traces her potential hit to the 57 percent slide in Citigroup's stock:

She holds $1.5 million to $6.02 million worth of the stock — a result of the fact that her husband, Charlie Capito, has worked for the firm for 30 years, spokesman John Coffin said. Her holdings have lost at least $859,000 in value, or as much as $3.44 million.

Roll Call also notes that "As the ranking member on the House Financial Services Subcommittee on Housing and Community Opportunity, Capito has been on the front lines of the debate over how to respond to the housing crisis. But Coffin said no matter the degree of her loss, the lawmaker’s personal stake in the market does not impact her legislative work. He said that given her Citigroup holdings, she sought and received clearance from the House ethics committee before joining the committee in 2001. "