Loeffler reportedly got $9 million payout from company as she left for Senate - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Senator who dumped shares after coronavirus briefing got $9 million payout as she left the publicly traded company run by her husband

over the controversy, saying that it "isn't worth the distraction."

The $9 million from Intercontinental Exchange, a publicly traded company whose CEO is Loeffler's husband, is likely to fuel further questions about Loeffler's wealth. The payout included a $7.8 million stake in Bakkt, an Intercontinental-owned cryptocurrency company, according to The New York Times report.

Loeffler was "instrumental in the launch and growth of that company," an Intercontinental Exchange spokesman told Business Insider in a statement. "We admire Kelly's decision to serve her country in the U.S. Senate and did not want to discourage that willingness to serve." A spokesperson for Loeffler said she "left millions in equity compensation behind to serve in public office" and that "she brings unparalleled business experience to helping solve our nation's challenges at a time when we need to rebuild our economy and restore jobs." , Rep. Doug Collins, in polls following the controversial trades earlier last month. , noting she volunteered it to bring home Georgians who were stranded due to the coronavirus.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Way to conflate two completely separate events. Of course she got paid out when leaving her private sector job for public service. As far as the stock sale is concerned, if she is proven to have used the information in her privileged briefings to sell, then the SEC will indict

“The issue isn’t worth the distraction”

This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated. This needs to be investigated.

so why is she not in jail yet

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 729. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

US companies eliminated a record 20.2 million jobs in April, ADP report says - Business Insider'Job losses for the month of April alone was more than double the total jobs lost during the Great Recession,' said Ahu Yildirmaz of ADP. much more in june-july!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Trump campaign manager Parscale's companies got nearly $40 million - Business InsiderCompanies owned by Donald Trump's campaign manager have received nearly $40 million from the president's reelection committees, according to a new report just keep paying those taxes and not caring where the money goes You can still print the dollars though gop donors being grifted by Trump cult on a scale the likes of which the world has seldom seen. DonTheCon
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Magic Leap is turning to a major health care company for funding - Business InsiderMagic Leap is turning to a major health care company to save its future, potentially raising as much as $100 million
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Here's how the 1% are getting their booze during the pandemic - Business InsiderHere's how the 1% are getting their booze during the pandemic, from wine concierge services to online premium liquor retailers that sell $10,000 bottles of whiskey To anyone who's tired even though you just woke up, who's scared to make the wrong choices or to anyone who hasn't been themselves lately, there is so much more to you than this. Allow yourself to feel this for a while and I hope you'll learn to get yourself back. Keep going.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Unemployment will surge to 15% on 22 million jobs lost in April: BofA - Business Insider'The April employment report will reveal unprecedented job losses as the economy has been shut down to control the spread of COVID-19,' said BofA. UBI is the only realistic way to address this. Here in Uganda,CEOs are donating to the National task force for food relief but cutting employees salary in back rooms to around 40% Mark55____ Economy’s doing fine!
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »