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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  2. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  3. twobullz

    twobullz Well-Known Member

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    I would be curious how many of them bought oil stock right before the report came out of Saudi and Russia working on a agreement.
     
  4. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    upload_2020-4-4_14-27-18.png

    Republican senator Kelly Loeffler offloaded $46k in travel stock hours before Trump announced his Europe travel ban
    • Kelly Loeffler unloaded $46,000 in travel stock on March 10 and March 11
    • On March 11, at the close of trading, President Trump announced he was restricting travel to and from Europe
    • The Georgia senator originally bought the stock on March 6
    • It was the same day she traveled with Trump to the CDC's Atlanta headquarters
    • She has already come under scrutiny for trades that followed a Jan. 24 Senate briefing on coronavirus - selling $18.7m in International Exchange stock, of which her husband is CEO
    • She also sold stock in stores that have been hammered by the disease outbreak
    • Her office denies she did anything wrong and that her investment advisors made the trades
    https://www.dailymail.co.uk/news/ar...oaded-46k-travel-stock-Europe-travel-ban.html
     
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  5. CupWizier

    CupWizier Well-Known Member

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    Gosh, wonder what her husband does for a living and if he knew anything about it?
     
  6. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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    ANOTHER Georgia senator faces questions over shares sell-off as it's revealed he dumped 34 stocks worth $825,000 in March after closed-door coronavirus briefings
    • Sen. David Purdue, a Georgia Republican, is facing questions over a flurry of stock transactions he made in March
    • Purdue's rate of trading increased threefold in comparison to past months, amid the coronavirus wreaking havoc on the stock market
    • The Atlanta Journal-Constitution reported on the transactions Monday, with a spokeswoman saying Purdue is not in charge of his profile
    • Sen. Kelly Loeffler, Georgia's other senator who's also a Republican, has been called on to resign over dumping stocks after a coronavirus briefing
    • Loeffler is polling behind Rep. Doug Collins and a Democratic contender in the Georgia special election in November
    • Collins was previously ahead of Loeffler by 8 points, now he's up by 23 points, polling done for his campaign shows
    https://www.dailymail.co.uk/news/ar...enators-face-scrutiny-stock-transactions.html
     
  7. barfo

    barfo triggered obsessive commie pinko Staff Member Global Moderator

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    His profile? I'm guessing they meant portfolio.

    barfo
     
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  8. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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  9. UncleCliffy'sDaddy

    UncleCliffy'sDaddy Circling the bowl.....

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  10. e_blazer

    e_blazer Rip City Fan

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  11. riverman

    riverman Writing Team

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    I know a guy who knows a guy who knows another guy who can do this in a language they don't understand in a country they don't pay any attention to.....piece of cake...now I want to be the new Secretary of State ASAP....anonymous deep state operative
     
  12. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Not just Republicans what? Sold stock or engaged in insider trading. If it's engaged in insider trading then I'd like to see that source.
     
  13. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Apparently the FBI disagrees with you.
     
  14. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    There was also mixed messages as to how much of a problem the virus would be from our government at the time.
     
  15. e_blazer

    e_blazer Rip City Fan

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    If you’re referring to Burr, yes, he’s still under investigation. I was commenting on the three who were cleared:

    “A trio of senators – two Republicans and a Democrat – are being told the FBI is closing its investigation for them over stock trades that followed a closed Senate briefing about the coronavirus.”
     
  16. e_blazer

    e_blazer Rip City Fan

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    True, but all they have to be able to do is point to a few articles in the press and they are off the hook.
     
  17. yankeesince59

    yankeesince59 "Oh Captain, my Captain".

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    Yup...our gubment at work.
     
  18. crandc

    crandc Well-Known Member

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    Kelly Loeffler's husband gave a million dollars to Trump's election campaign. Investigation of her closed. Burr accepted findings Russia intervened to help Trump . Resigned chairmanship and phone seized.
     
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  19. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

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    Barr is a Trump sycophant.
     
  20. SlyPokerDog

    SlyPokerDog Woof! Staff Member Administrator

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