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Second Senator Dumped Millions in Stock After Private Coronavirus Briefing
Gateway Pundit ^ | March 19, 2020 | Cristina Laila

Posted on 03/19/2020 8:56:38 PM PDT by CheshireTheCat

Senator Kelly Loeffler dumped millions worth of stocks following a private briefing on the Coronavirus.

“Appreciate today’s briefing from the President’s top health officials on the novel coronavirus outbreak. These men and women are working around the clock to keep our country safe and healthy.” Loeffler tweeted on January 24, 2020 — Loeffler reported her first stock sale (jointly with her husband) this very same day.

(Excerpt) Read more at thegatewaypundit.com ...


TOPICS: Politics
KEYWORDS: california; diannefeinstein; formebutnotforthee; insider; insidertrading; insidertradinglegal; kellyloeffler; nyse; richardcblum; sanfrancisco; stockdumping
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To: pepsi_junkie

Collins will use this against her.


21 posted on 03/19/2020 9:51:41 PM PDT by MrChips ("To wisdom belongs the apprehension of eternal things." - St. Augustine Do you think we have a chan)
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To: Bullish

Well, I don’t think they should be for bidden, but perhaps they should have to put all of their assets into a blind trust run by someone else.


22 posted on 03/19/2020 9:53:26 PM PDT by MrChips ("To wisdom belongs the apprehension of eternal things." - St. Augustine Do you think we have a chan)
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To: CheshireTheCat

Collins should be the Rep Senate nominee after this.


23 posted on 03/19/2020 9:57:08 PM PDT by kabar
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To: Williams

BS. Insider information.


24 posted on 03/19/2020 9:57:45 PM PDT by kabar
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To: freepersup
Scumbag traitor Burr, had to sign a financial disclosure document, and that’s why we know about him. If the Democrats did this, then there are, by law, the same kind of financial disclosure forms, to inform us, of their behavior.

Democrat Media doesn't report on Democrat wrongdoing.

25 posted on 03/19/2020 9:57:47 PM PDT by kiryandil (Chris Wallace: Because someone has to drive the Clown Car)
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To: CheshireTheCat

I wish I had done it.


26 posted on 03/19/2020 10:01:26 PM PDT by aquila48 (Do not let them make you care!)
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To: Williams

These stories are idiotic there is nothing wrong with their public statements or stock trades this is all a hit job. You didn’t need to be a senator to see this problem coming.

Xxxxxxxxxxxxxxxxxxxxxxxxx

There are laws against trading with insider Information.

Ask martha stewart.

Her hubby should know better as head of NYSE.

All I can say is: go tommy. War Eagle


27 posted on 03/19/2020 10:02:38 PM PDT by thinden (How many Barr haters across America are being paid by Soros to attack Barr.)
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To: CheshireTheCat
The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

The bill was introduced by Joe Lieberman, independent United States Senator for Connecticut, on January 26, 2012, and passed in the Senate by a 96–3 vote.[2] Later the House of Representatives passed it by a 417–2 vote.[3] The bill was supported heavily by vulnerable incumbents and signed into law by President Obama.[4] According to the current United States Senate Select Committee on Ethics, "A member, officer, or employee of the Senate shall not receive any compensation, nor shall he permit any compensation to accrue to his beneficial interest from any source, the receipt or accrual of which would occur by virtue of influence improperly exerted from his position as a member, officer, or employee."

he STOCK Act is an original bill to prohibit members of Congress and employees of Congress from using private information derived from their official positions for personal benefit, and for other purposes. With this bill in place, members of Congress are no longer allowed to use information garnered through official business for personal reasons. The Stop Trading on Congressional Knowledge (STOCK) Act prohibits members and employees of Congress from using "any nonpublic information derived from the individual's position ... or gained from performance of the individual's duties, for personal benefit". The bill also applies to all employees in the Executive and Judicial branches of the federal government.

The STOCK Act requires a one-year study of the growing political intelligence industry, and requires every Member of Congress to publicly file and disclose any financial transaction of stocks, bond, commodities futures, and other securities within 45 days on their websites, rather than once a year as they do now. The Act also requires members of Congress and Executive branch officials to disclose the terms of mortgages on their homes, prohibits them from receiving special access to initial public stock offerings, and denies federal pensions to members of Congress who are convicted of felonies involving public corruption. The bill is divided into nineteen sections.

28 posted on 03/19/2020 10:03:22 PM PDT by kabar
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To: thinden

Oops. Wrong state. Go collins!!


29 posted on 03/19/2020 10:06:57 PM PDT by thinden (How many Barr haters across America are being paid by Soros to attack Barr.)
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To: Williams

Bull. Flipping. Squat! They send normal citizens to jail for pulling this crap. But if you’re in government, it’s all good. It’s the best game around. Get elected and become a millionaire because of this. It isn’t right, it isn’t moral, it isn’t OK.


30 posted on 03/19/2020 10:27:26 PM PDT by vpintheak (Leftists are full of "Love, peace" and bovine squeeze.)
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To: pepsi_junkie

I doubt that. They never get punished.


31 posted on 03/19/2020 10:29:48 PM PDT by Sequoyah101 (We are governed by the consent of the governed and we are fools for allowing it.)
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To: CheshireTheCat

I have no use for Loeffler but I don’t think thats illegal. Sleazy but not illegal.


32 posted on 03/19/2020 10:37:12 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: CheshireTheCat

Both of these yobs ought to lose

Fortunately Collins is running against that nit wit Loeffler


33 posted on 03/19/2020 10:51:27 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: Williams

It’s insider trading. They started the run on the market


34 posted on 03/19/2020 10:52:47 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: Oscar in Batangas

They gained knowledge due to briefing that no one else got


35 posted on 03/19/2020 10:53:37 PM PDT by Nifster (I see puppy dogs in the clouds)
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To: Williams

Are you a politician?


36 posted on 03/19/2020 10:57:52 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: TigerClaws

This just sank her campaign for the senate seat here in Georgia.


37 posted on 03/19/2020 10:58:49 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: House Atreides

I think Doug Collins takes the seat.


38 posted on 03/19/2020 11:03:19 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: Georgia Girl 2

Death Knell for her campaign chances here in Georgia.We will see to it.


39 posted on 03/19/2020 11:06:20 PM PDT by HANG THE EXPENSE (Life's tough.It's tougher when you're stupid.)
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To: HANG THE EXPENSE

I think Doug Collins takes the seat.
**********************************
I sure hope so. We need more warriors like Collins in the Senate and fewer effete globalists, like Lindsey Graham, selling visas to rich Chinese.


40 posted on 03/19/2020 11:11:36 PM PDT by House Atreides (No, it is NOT THE FLU but it sure as hell is NOT THE SPANISH FLU or BLACK DEATH. No Panic!)
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