Albwan Posted March 22, 2020 Posted March 22, 2020 LOL... Feinstein is in the clear she says, because her husband wasn't in the meeting. Either we are stupid or they think we are stupid. 1
3rdnlng Posted March 22, 2020 Posted March 22, 2020 It's easy to make assumptions and accuse all involved as being guilty. I opt for patience and let the truth find its way out. It is very feasible for people to have their portfolios completely managed by a 3rd party and to not be informed regarding trades until afterward. I would suggest that we let each case move forward with an investigation and let the chips fall where they may. If they're guilty then throw the book at them. 2
D. L. Hot-Flamethrower Posted March 22, 2020 Posted March 22, 2020 If we ever want to get away from career politicians, we must remove profitability from the equation. 1
Hedge Posted March 30, 2020 Posted March 30, 2020 (edited) The Justice Department is reportedly investigating actions by US lawmakers who dumped stocks before the market plunged over coronavirus fears The original article is behind a paywall, but this link is to an archived version of the article. Any edits to the original will not be found at the link. Quote The Justice Department is investigating a series of steps US lawmakers took to dump stocks before the stock market plunged amid coronavirus fears, CNN reported on Sunday evening. The investigation is still in its early stages, and the report said the DOJ is working with the Securities and Exchange Commission on the matter. As part of the probe, the FBI has reached out to North Carolina Sen. Richard Burr, who dumped up to $1.72 million in stocks before the market tanked. In a statement to CNN, Alice Fisher, a lawyer for Burr, said he "welcomes a thorough review of the facts in this matter, which will establish that his actions were appropriate." ProPublica first published a bombshell report detailing how Burr unloaded stocks on February 13, days after reassuring the public that the Trump administration was well prepared to handle the outbreak of the novel coronavirus. ... Republican Sen. Kelly Loeffler of Georgia sold off shares after a closed-door briefing on the outbreak on January 24. Oklahoma Sen. Jim Inhofe and California Sen. Dianne Feinstein also unloaded stocks in the weeks after the briefing. Loeffler, Inhofe, and Feinstein's offices said the lawmakers have not been contacted by the FBI. Edited March 30, 2020 by Hedge
Q-baby! Posted March 30, 2020 Posted March 30, 2020 On 3/20/2020 at 5:34 PM, CoudyBills said: A pain in the ass? I thought that thing had teeth? No, it’s really under control. Probably down to zero cases in few days!
Tiberius Posted March 30, 2020 Author Posted March 30, 2020 How could he have done something so stupid?
Tiberius Posted April 1, 2020 Author Posted April 1, 2020 Tia Mitchell and Chris Joyner report that at least one Republican took the threat of a pandemic seriously: U.S. Sen. Kelly Loeffler’s most recent financial disclosures show that millions of dollars in stocks were sold on her behalf at the same time Congress was dealing with the impact of the coronavirus. The largest transactions — and the most politically problematic — involve $18.7 million in sales of Intercontinental Exchange stock in three separate deals dated Feb. 26 and March 11. Loeffler is a former executive with ICE, and her husband, Jeff Sprecher, is the CEO of the company, which owns the New York Stock Exchange among other financial marketplaces. During the same time period reflected on reports filed late Tuesday, the couple also sold shares in retail stores such as Lululemon and T.J. Maxx and invested in a company that makes COVID-19 protective garments.
Buftex Posted April 1, 2020 Posted April 1, 2020 On 3/22/2020 at 1:43 PM, Albwan said: LOL... Feinstein is in the clear she says, because her husband wasn't in the meeting. Either we are stupid or they think we are stupid. Both can be true. 1
Tiberius Posted May 14, 2020 Author Posted May 14, 2020 Sen. Richard Burr stepping aside as Intelligence Committee chair amid FBI investigation of his stock sales Sen. Richard Burr (R-N.C.). (Win McNamee/Bloomberg) By Devlin Barrett, Seung Min Kim and Katie Shepherd May 14, 2020 at 1:51 p.m. EDT Sen. Richard Burr is stepping down as chairman of the Intelligence Committee, following the seizure of his cellphone by FBI agents investigating stock trades made before the coronavirus crashed financial markets, and officials revealed Thursday that Sen. Dianne Feinstein (D-Calif.) also has been questioned by authorities over her husband’s investment decisions during that time frame. Senate Majority Leader Mitch McConnell (R-Ky.) said in a statement that Burr informed him Thursday morning “of his decision to step aside as Chairman of the Intelligence Committee during the pendency of the investigation. We agreed that this decision would be in the best interests of the committee and will be effective at the end of the day tomorrow.” The decision to step aside acknowledges the awkward, ethically fraught dynamic that would have existed if Burr (R-N.C.) had continued to lead a committee with oversight responsibilities for an agency conducting a criminal investigation of his conduct.
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