Senators sold stocks before coronavirus sank the markets: what we know

WASHINGTON — , Sen. Richard Burr, R-N.C., Sen. Jim Inhofe, R-Okla., Sen. Kelly Loeffler, R-Ga., and Sen. Dianne Feinstein, D-Calif., all appear to have sold stock earlier this year. The question is whether the senators were aware, based on briefings, that the coronavirus scare was evolving into a worse situation than the public was aware.

On February 13, Burr sold anywhere between $50,001 and $100,000 worth of stock in firms like Complete Extended Stay and Wyndham Hotels that have been pummeled by the coronavirus.

Backlash They should be in jail!!!!!!!

lol, the corruption never ends

The GOP is, by definition, corrupt. This should be no surprise to anyone. Many republican politicians routinely get away with crimes whereas 'just Americans' would be prosecuted to the fullest extent of the lay

Backlash? They should face prison for insider trading!

They had their oblivious Republican constituents out here claiming that coronavirus was a hoax & the rest of us were hysterical while they’re privately anticipating & preparing for the worst. If I were a FoxNews viewer, I would feel betrayed. Covid_19

Anyone watching the situation should have known this was going to happen, China has been fighting this since December

They put Martha Stewart in prison for this. Do the same for these folks. They’re no better than anyone else.

Privilege white greed at its best. We can only hope they are forced to resign and are charged. We do not want a fcking aplogy we want a conviction.

Insider trading. All should resign and charged immediately.

Lock 'em up!

They shouldn’t be facing a backlash. They should be facing prison.

Backlash? How about prison?

Let’s investigate this before jumping to conclusions. I luckily shifted some of my 401(k) right before this all happened, actually wish I shifted more. But, anyway, let’s hear from them, investigate, then make a judgment.

They should be forced to leave & retire their Senate seat! They have proven that they really are out for their best financial interest.

It is called insider trading.

7He shall not be afraid of evil tidings: his heart is fixed, trusting in the Lord. 8His heart is established, he shall not be afraid, Ps 112 7-8

What's the definition of Insider Trading & Criminality? Answer: This is

As they should a clear case of insider trading and fraud TheJusticeDept while throwing the citizens a bone (1200) hush money that’s not going to stimulate anything but bankruptcy

Martha Stewart went to prison for less, but lets wait until we're clear of this crisis to point fingers.

We are seizing those assets, right? Those profits could help stimulate the economy

Best

Sooo they should get what MarthaStewart got, time in prison.

Some apparently sold immediately after closed door official meetings and / or closed door high dollar lunches where the severity of the virus was disclosed. The market free fall was no coincidence.

panamapapers

Feed them to the lions! 👎👎👎

He is the definition of greed and amorality.

Well I'm sure the justice department will.... oh... yeah

'I'm not a patriot I just play one on TV.' :)

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Wall Street weekahead: Coronavirus uncertainty muddies views on buying opportunities for plunging stocksU.S. stock valuations are tumbling in the wake of the coronavirus-fueled market ... Indonesian minister, Luhut Binsar Pandjaitan in December 2019 said Indonesian Rupiah (IDR) will be under IDR 10,000 / 1 USD. Now USD 1 = IDR 16,002 Should he resign? Indonesia I'm not buying more until the market holds steady above 21.5 Until then, it's just bouncy boy off the bottom mainstreet acorns investment It is recommended to trade in the normal mode, because empathy between business and government consumers does not significantly deteriorate the direction of the market.
La source: Reuters - 🏆 2. / 97 Lire la suite »

Two Senators Sold Off Stock Weeks Before Coronavirus Crashed The MarketI’m a San Francisco-based reporter covering breaking news at Forbes. Previously, I’ve reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter rachsandl or shoot me an email rsandlerforbes.com. “Service to the people” Jail them. This is worse than robbery. Put them in jail Like someone important did something real fucked up and they knew it was coming o.o
La source: Forbes - 🏆 394. / 53 Lire la suite »

GOP senators sold off their stocks ahead of coronavirus economic crash, reports sayRepublican Sens. Richard Burr and Kelly Loeffler sold off significant amounts in stocks shortly before financial markets plunged due to the coronavirus pandemic, according to reports. Lock em up Confiscate all their assets and give to the American people...sound fair to me.... Well start buying stocks now that it’s down and buy more if it goes lower. Stocks don’t stay down forever
La source: USATODAY - 🏆 100. / 63 Lire la suite »

Senator sold off stock before market losses from virus beganWASHINGTON (AP) — Senate Intelligence Committee Chairman Richard Burr, R-N.C., sold as much as $1.7 million in stocks just before the market dropped in February amid fears about the coronavirus... Recall the motherfucker. Conservative here. Burr should be jailed as well as any other politician profiting off this crisis Anybody notice the irony of his name being Richard?
La source: AP - 🏆 728. / 51 Lire la suite »