Politics Four senators dumped millions in stocks while Capitol Hill was being briefed on the coronavirus

Discussion in 'Blazers OT Forum' started by SlyPokerDog, Mar 20, 2020.

  1. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    Revealed: Four senators dumped millions in stocks while Capitol Hill was being briefed on the coronavirus threat but BEFORE markets started tanking
    • Richard Burr, head of the Senate Intelligence Committee which was directly briefed on coronavirus, sold up to $1.7m in stock between January and February
    • Dianne Feinstein, on the same committee, sold up to $6m in stock in same period
    • Kelly Loeffler, on the Senate Health Committee, sold up to $3.1m in stock starting on the day her committee was briefed by the CDC
    • James Inhofe sold up to $400k in stocks including real estate all on January 27
    • Loeffler and Feinstein say their stocks are held in trusts and portfolios that they have no control over, while Burr and Inhofe have not commented
    https://www.dailymail.co.uk/news/ar...ed-constituents-Capitol-Hill-social-club.html
     
  2. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  3. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    According to The Daily Beast, Sen Kelly Loeffler and her husband, Jeffrey Sprecher, the chairman of the New York Stock Exchange, sold $3.1million in stock between late January and early February.
     
  4. Orion Bailey

    Orion Bailey Forum Troll

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    insider trading fraud. Imprison them. Their dumping likely sparked a much larger drop than what might have happened. Did they spark the paranoia?
     
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  5. jonnyboy

    jonnyboy Well-Known Member

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    Plot twist:

    Not just Republicans.
     
  6. ehizzy3

    ehizzy3 RIP mgb

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  7. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    First post in this thread.
     
  8. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    This will get worse and it will be POS from both parties.

    The question is are we going to let this go?
     
  9. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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  10. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    All Presidents except Trump.
     
  11. Sedatedfork

    Sedatedfork Rip City Rhapsody

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    I saw this episode of Billions. It was fantastic.
     
  12. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    HAHAHAHAHAHAHAHA!
     
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  13. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    I dumped $1.6 million in stocks before coronavirus crisis because I saw what was happening in China on TV and NOT because of secret intel briefings claims Republican senator - as at least three others face questions over sales
    • Senate Intelligence Chairman Richard Burr said Friday that he relied on 'public news reports' when deciding to offload stock holdings
    • In a statement he said he had reached out to the chairman of the Senate Ethics Committee 'and asked him to open a complete review'
    • Burr is under fire for offloading between $582,029 and $1.56million of his stock holdings in mid-February
    https://www.dailymail.co.uk/news/ar...hair-says-news-reports-guided-stock-dump.html
     
  14. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    [​IMG]
     
  15. TorturedBlazerFan

    TorturedBlazerFan Well-Known Member

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    Honestly... Me... My wife and our financial advisors handle all of our money and assets. I just know what she tells me I can spend. I almost never look at that stuff. Obviously we're in a much different situation than they are though.
     
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  16. barfo

    barfo triggered obsessive commie pinko Staff Member Global Moderator

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    But mostly Republicans.

    barfo
     
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  17. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    Yes, a completely different situation...Loeffler and her husband have a net worth of nearly $600 Mil.
     
  18. TorturedBlazerFan

    TorturedBlazerFan Well-Known Member

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    I've got a net worth of whatever my wife has left me lol.
     
  19. stampedehero

    stampedehero Make Your Day, a Doobies Day Staff Member Moderator

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    tenorsly.gif Every dog has his day!
     
  20. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    Ha !...believe me, I feel your pain.
     
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