Republican senator unloaded as much as $1.56 million in stocks after publicly downplaying the risk of coronavirus

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Sen. Richard Burr dumped hundreds of thousands in stocks shortly after reassuring the public that the US was prepared to handle the coronavirus.

Republican Sen. Richard Burr of North Carolina unloaded hundreds of thousands of dollars in stocks shortly after publicly downplaying the enormous risk of the novel coronavirus, ProPublica reported.

In a February 7 op-ed for Fox News, Burr — along with fellow Republican Sen. Lamar Alexander, of Tennessee — acknowledged that"Americans are rightfully concerned about the coronavirus" at a time when the number of cases in China were still skyrocketing. He made a total of 29 separate transactions. Seven of those were for amounts between $1,001 and $15,000; 15 transactions were for amounts between $15,001 and $50,000; and seven were for amounts between $50,001 and $100,000.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

HuffPost As did Democrat SenFeinstein ?

Nice

MalcolmNance redDawg

MalcolmNance They are the lowest form of politician, so the bar is low, but they can go lower!

not good at all. does anyone up there work for the tax payers ? anyone ?

Big surprise...Snakesssss

LOCK HIM UP.

MalcolmNance Something about this isn’t right

MalcolmNance It’s still insider trading?

MalcolmNance MF just LOOKS guilty.

MalcolmNance Is that illegal? Or is it immoral?

MalcolmNance 😂😂😂SUCH A GOOD MAN😂😂😂GUILTY OF WHAT MARTHA STEWART WAS CHARGED WITH BUT THEY COULDNT PROVE SO THEY CHARGED HER WITH LYING😂😂😂FKING REPUBLIKLAN SCUMBAG IS ACTUALLY GUILTY OF 😂😂😂😂😂😂

MalcolmNance Shameful hypocrisy!

MalcolmNance The GOP SWAMP!

MalcolmNance Also worth noting Senator Burr could face 20 years in a federal prison and/or a fine of $5,000,000 to $25,000,000.

MalcolmNance Insider Trading? Illegal? Jail

MalcolmNance This is insider trading and it also happened within the same party who consistently said the coronavirus was nothing to worry about...up until a week ago. I suppose the coronavirus really isn’t simply a democratic hoax.

MalcolmNance Send him to prison.

But Martha Stewart went to jail...

MalcolmNance Call him by name: NC Senator Richard Burr SenatorBurr sold up to $1.5 million in stocks, including hotel chains, in mid-February weeks before he warned a private group (Tar Heel Circle) about the coronavirus

They are nothing but thieving scum. Trump has opened the flood gates for everyone to get rich playing the system... While working Joes pay and get screwed.

julesk_fighter Just like Tillis, they both need to go!

MalcolmNance Insider trading. Lock him up.

MalcolmNance

MalcolmNance Someone is going to jail.

He’s still trying to figure out how this goes against his party’s standard operating procedure!

MalcolmNance

He left his constituents and the country to die while he made bank.

MalcolmNance Insider Trading sent Martha Stewart to prison. We love Martha. So it stands to reaso that Burr should go to jail too.

MalcolmNance Crook

MalcolmNance Add guillotine emoji

MalcolmNance Resign now

MalcolmNance I love how it’s one rule for the rulers and another set for the ruled.

MalcolmNance BurrKnew LockHimUp

MalcolmNance He also told his rich friends about how bad it was going to be, weeks ago

MalcolmNance So......where is the securities commission?

MalcolmNance Grifters got to grift

MalcolmNance Double check with Burr’s donor who attended that meeting too

MalcolmNance No end to the GOP Scams and greed.

MalcolmNance No doubt he’ll get a pardon.

MalcolmNance Recall him

MalcolmNance Lock him up.

Should be investigated as insider trader

He needs to resign. IMMEDIATELY.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines