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T O P I C R E V I E WjwhopRichard Burr (R) North CarolinaKelly Loeffler (R) GeorgiaJim Inhofe (R) OklahomaDiane Feinstein (D) CaliforniaThey received early congressional briefings about how bad the Coronavirus was going to be in the US...and sold their stocks before the stock markets crashed.Senators Accused Of Insider Trading, Dumping Stocks After Coronavirus BriefingJack KellyMar 20, 2020Our elected officials in Congress are supposed to look out for our best interests. In a shocking revelation, it's been reported that a number of senators sold their stock holdings after being briefed about the coronavirus and the massive impact it will have upon the economy, jobs and the stock market. While telling the American public that there wasn’t much to worry about, they bailed out of their stock holdings to avoid large losses................. http://www.forbes.com/sites/jackkelly/2020/03/20/senators-accused-of-insider-trading-dumping-stocks-after-coronavirus-briefings/#8c12a1b4a45d teaselSomething we actually agree on. I thought I mentioned this the other night, but I saw it when I was about to try to sleep.iQShameless crooks...RandallOne used a blind trust, so he wouldn't be culpable. He had no control over the investments. Timing is important here. President Trump had a news conference prior to the private briefing, and The Five on FOX News spoke about it, as well as CNBC, so perhaps, it might be viewed as public knowledge. At least that would be a defense. They are still scum, though. Congress used to be exempt from insider trading, but they no longer are. There's a law that states if they buy more than $1,000 in securities, they have to tell the public within 45 days. Two of the ones who sold off shares then bought telecom shares for people working at home. One said he didn't attend the meeting and knew nothing about the virus, yet he told people this was going to be worse than the flu in 1918.BlueRoamerNote the ratio of republican to democrat, and indicator of the overall corruption levels of each party.Both have corruption, but republicans 3x as badPhoenixRisingI don't think they are bound by "quiet period" policy, or are they? Quiet period requires no trade by employees few days before public announcements by companies.It was a personal judgement --- in my mind.I too enrolled out of Emp stock purchase 6 months ago. jwhop quote:Originally posted by BlueRoamer:Note the ratio of republican to democrat, and indicator of the overall corruption levels of each party.Both have corruption, but republicans 3x as badYeah, if demorats didn't have the Queen of Corruption, Hillary The Corrupt and Joe 'quid pro quo' Biden, they might lose the corruption race to Republicans. As it is, demorats win that race hands down.RandallWhat Jwhop said.StubbornVirgoNot surprised by Burr’s behavior...we’ve been trying to vote him out of N.C. for years now. Charge ‘em all with insider trading violations.RandallInhofe had no control over how his investments were made (blind trust), and the virus had already made the news.jwhop quote:Originally posted by StubbornVirgo:Not surprised by Burr's behavior...we've been trying to vote him out of N.C. for years now. Charge em all with insider trading violations.North Carolina Poll: Majority of Voters Say Burr Should Resign for Coronavirus Stock SelloffHaris Alic25 Mar 2020A majority of Republican Senator Richard Burr's constituents in North Carolina believe he should resign for selling upwards of $1.72 million in stock ahead of the coronavirus pandemic........... http://www.breitbart.com/politics/202 0/03/25/north-carolina-poll-majority-of-voters-say-burr-should-resign-for-coronavirus-stock-selloff/ RandallThat's the bozo who claimed he had no knowledge about the virus but had already told people this was going to be worse than 1918.jwhopReport: DOJ Investigating Burr for Coronavirus Stock SelloffHaris Alic30 Mar 2020The Department of Justice (DOJ) has launched an investigation into Sen. Richard Burr’s (R-NC) unloading of upwards of $1.72 million in stock ahead of the Chinese coronavirus pandemic.CNN reported on Monday the DOJ, along with the Securities and Exchange Commission, has begun examining Burr’s decision to dump thousands of dollars worth of stocks on Feb. 13—less than a week before the stock market sharply dropped because of the coronavirus threat. The timely decision to sell occurred as the Senate Intelligence Committee, which Burr chairs, was receiving daily briefings on the pandemic. Most of the shares were in hospitality companies, like Wyndham Hotels and Resorts and Hilton, that took an especially hard hit as coronavirus travel restrictions went into place. Many are now worth a fraction of the price of when Burr opted to sell. In total, the senator’s quick action on February 13 netted him between $628,000 and $1.72 million.............. http://www.breitbart.com/politics/2020/03/30/report-doj-investigating-burr-for-coronavirus-stock-selloff/ jwhop Sen. Richard Burr's Brother-in-Law Also Dumped Stock Amid Coronavirus PandemicHaris Alic6 May 2020Sen. Richard Burr's (R-NC) brother-in-law sold upwards of $280,000 in stock on the same day the GOP lawmaker dumped investments worth upwards of $1.72 million in companies that would be impacted heavily by the novel Coronavirus outbreak.Gerald Fauth, who apart from being Burr's brother-in-law is also a political appointee on the National Mediation Board, ditched between $97,000 and $280,000 in six companies, according to ProPublica. The stock selloff, which averted Fauth a loss of somewhere between $37,000 and $118,000, came as Burr, the chairman of the Senate Intelligence Committee, was privy to confidential information about the pandemic. Fauth's stock dump came on February 13, the same day Burr, himself, sold off thousands of dollars worth of stock in hospitality companies, like Wyndham Hotels and Resorts and Hilton. Those transactions, numbering 33 in total, netted him between $628,000 and $1.72 million. The timely decision to sell occurred as Burr's committee was receiving near-daily briefings on the Coronavirus outbreak. As such, soon after the stock sale become public, speculation stirred that Burr had acted on inside information to protect his assets. If true, the senator could potentially be found in violation of the STOCK Act, which prohibits the use of non-public information for private profit by lawmakers..... http://www.breitbart.com/politics/2020/05/06/sen-ric hard-burrs-brother-in-law-also-dumped-stock-amid-coronavirus-pandemic/ jwhopLooks like the FBI is serious about investigating Senator Burr.FBI Seizes Richard Burr's Cell Phone as Part of COVID Stock Selloff ProbeHaris Alic13 May 2020Agents with the Federal Bureau of Investigation (FBI) seized Sen. Richard Burr's (R-NC) cellphone on Wednesday as part of an ongoing investigation into the lawmaker's decision to unload upwards of $1.72 million in stock ahead of the Coronavirus outbreak.Burr, who serves as chairman of the Senate intelligence committee, was reportedly served a warrant for his cellphone at his Washington, D.C., residence on Wednesday, according to the Los Angeles Times. Law enforcement officials purportedly seized the phone in order to examine any communication the senator may have had with his stockbroker over the past few months..... http://www.breitbart.com/politics/2020/05/13/fbi-seizes- richard-burrs-cell-phone-as-part-of-covid-stock-selloff-probe/ jwhopFBI Questions Dianne Feinstein over Husband's Coronavirus-Linked Stock SalesHaris Alic14 May 2020Federal agents questioned Sen. Dianne Feinstein (D-CA) in recent days over her husband's decision to sell stock ahead of the coronavirus outbreak............ http://www.breitbart.com/politics/2020/05/14/fbi-questions -dianne-feinstein-husbands-coronavirus-linked-stock-sales/
They received early congressional briefings about how bad the Coronavirus was going to be in the US...and sold their stocks before the stock markets crashed.
Senators Accused Of Insider Trading, Dumping Stocks After Coronavirus BriefingJack KellyMar 20, 2020
Our elected officials in Congress are supposed to look out for our best interests. In a shocking revelation, it's been reported that a number of senators sold their stock holdings after being briefed about the coronavirus and the massive impact it will have upon the economy, jobs and the stock market. While telling the American public that there wasn’t much to worry about, they bailed out of their stock holdings to avoid large losses.................
http://www.forbes.com/sites/jackkelly/2020/03/20/senators-accused-of-insider-trading-dumping-stocks-after-coronavirus-briefings/#8c12a1b4a45d
Both have corruption, but republicans 3x as bad
It was a personal judgement --- in my mind.
I too enrolled out of Emp stock purchase 6 months ago.
quote:Originally posted by BlueRoamer:Note the ratio of republican to democrat, and indicator of the overall corruption levels of each party.Both have corruption, but republicans 3x as bad
Yeah, if demorats didn't have the Queen of Corruption, Hillary The Corrupt and Joe 'quid pro quo' Biden, they might lose the corruption race to Republicans. As it is, demorats win that race hands down.
Charge ‘em all with insider trading violations.
quote:Originally posted by StubbornVirgo:Not surprised by Burr's behavior...we've been trying to vote him out of N.C. for years now. Charge em all with insider trading violations.
Charge em all with insider trading violations.
North Carolina Poll: Majority of Voters Say Burr Should Resign for Coronavirus Stock SelloffHaris Alic25 Mar 2020
A majority of Republican Senator Richard Burr's constituents in North Carolina believe he should resign for selling upwards of $1.72 million in stock ahead of the coronavirus pandemic...........
http://www.breitbart.com/politics/202 0/03/25/north-carolina-poll-majority-of-voters-say-burr-should-resign-for-coronavirus-stock-selloff/
The Department of Justice (DOJ) has launched an investigation into Sen. Richard Burr’s (R-NC) unloading of upwards of $1.72 million in stock ahead of the Chinese coronavirus pandemic.
CNN reported on Monday the DOJ, along with the Securities and Exchange Commission, has begun examining Burr’s decision to dump thousands of dollars worth of stocks on Feb. 13—less than a week before the stock market sharply dropped because of the coronavirus threat. The timely decision to sell occurred as the Senate Intelligence Committee, which Burr chairs, was receiving daily briefings on the pandemic. Most of the shares were in hospitality companies, like Wyndham Hotels and Resorts and Hilton, that took an especially hard hit as coronavirus travel restrictions went into place. Many are now worth a fraction of the price of when Burr opted to sell. In total, the senator’s quick action on February 13 netted him between $628,000 and $1.72 million..............
http://www.breitbart.com/politics/2020/03/30/report-doj-investigating-burr-for-coronavirus-stock-selloff/
Sen. Richard Burr's Brother-in-Law Also Dumped Stock Amid Coronavirus PandemicHaris Alic6 May 2020
Sen. Richard Burr's (R-NC) brother-in-law sold upwards of $280,000 in stock on the same day the GOP lawmaker dumped investments worth upwards of $1.72 million in companies that would be impacted heavily by the novel Coronavirus outbreak.
Gerald Fauth, who apart from being Burr's brother-in-law is also a political appointee on the National Mediation Board, ditched between $97,000 and $280,000 in six companies, according to ProPublica. The stock selloff, which averted Fauth a loss of somewhere between $37,000 and $118,000, came as Burr, the chairman of the Senate Intelligence Committee, was privy to confidential information about the pandemic. Fauth's stock dump came on February 13, the same day Burr, himself, sold off thousands of dollars worth of stock in hospitality companies, like Wyndham Hotels and Resorts and Hilton. Those transactions, numbering 33 in total, netted him between $628,000 and $1.72 million. The timely decision to sell occurred as Burr's committee was receiving near-daily briefings on the Coronavirus outbreak. As such, soon after the stock sale become public, speculation stirred that Burr had acted on inside information to protect his assets. If true, the senator could potentially be found in violation of the STOCK Act, which prohibits the use of non-public information for private profit by lawmakers.....
http://www.breitbart.com/politics/2020/05/06/sen-ric hard-burrs-brother-in-law-also-dumped-stock-amid-coronavirus-pandemic/
FBI Seizes Richard Burr's Cell Phone as Part of COVID Stock Selloff ProbeHaris Alic13 May 2020
Agents with the Federal Bureau of Investigation (FBI) seized Sen. Richard Burr's (R-NC) cellphone on Wednesday as part of an ongoing investigation into the lawmaker's decision to unload upwards of $1.72 million in stock ahead of the Coronavirus outbreak.
Burr, who serves as chairman of the Senate intelligence committee, was reportedly served a warrant for his cellphone at his Washington, D.C., residence on Wednesday, according to the Los Angeles Times. Law enforcement officials purportedly seized the phone in order to examine any communication the senator may have had with his stockbroker over the past few months.....
http://www.breitbart.com/politics/2020/05/13/fbi-seizes- richard-burrs-cell-phone-as-part-of-covid-stock-selloff-probe/
Federal agents questioned Sen. Dianne Feinstein (D-CA) in recent days over her husband's decision to sell stock ahead of the coronavirus outbreak............
http://www.breitbart.com/politics/2020/05/14/fbi-questions -dianne-feinstein-husbands-coronavirus-linked-stock-sales/
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