Posted on 04/01/2020 9:41:41 AM PDT by C19fan
Georgia Republican Sen. Kelly Loeffler traded millions in stocks in the days after a closed Senate briefing on the coronavirus and dumped holdings in retail stores that have been battered by the pandemic. The wealthy Loeffler, who was appointed to her seat and is married to the president of the New York Stock Exchange, sold $18.7 million in International Stock Exchange, according to information her office shared with the Atlanta Journal Constitution. That is the company that owns the New York Stock Exchange. The trades came Feb. 26 and March 11, as the virus spread but the broader public was still learning about the extent of the danger to both people and the world economy.
(Excerpt) Read more at dailymail.co.uk ...
Married to the President of the NY Stock Exchange? The GOP is truly the stupid cuck party.
“Wow, we did the best we could to keep the D’s from destroying the country. That looks like it hurts! We’ll get them next election season! You should put some ice on that, (and try to enjoy it, you know . . .)”
Needs a VERBAL HANGING AND INDICTMENT!
She’s been in office about a minute. Just think what she will be up to in an hour.
I wonder if Kemp is sorry he didn’t appoint Collins instead.
I think everyone in Congress should have their money placed into blind trusts or perhaps pooled into a fund which simply tracks the Dow and/or NASDAQ. There should be no incentive to pass any legislation because of how they may personally profit from it. They should either be ignorant of what they own, or else know that their fortune rises and falls with the broad market indexes.
Toast.
Party affiliation in the headline and the first sentence.
Typical.
Just the kind of Senator that Mitch wants in his GOP Senate.....
That’s insider trading. Lucky she’s a CongressCreep. Otherwise she might have to go to court, and pay a parking fine, or something.
Its time every member of Congress and the Senate be investigated. Theyve been stealing from the taxpayers for decades with no accountability. We the people own this country.
I was buying and selling at the same time. No one told me any secrets.
Just because everyone else is stupid....
I don’t view those trades any different than the trades in mutual funds. Her stocks are set up in blind trusts so there isn’t insider trading. Mutual fund managers don’t contact the holders when they trade, neither do the managers of the blind trusts.
January/February would have been a very logical time to sell.
How is it even remotely possible that an appointed Senator from GEORGIA is married to the President of the NYSE?
If this doesn’t kill her in the primary then nothing will.
They do, see post 15.
Of course, crickets when it comes to Feinswine.
It’s a Big Club, and you ain’t in it.
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