Free Republic
Browse · Search
General/Chat
Topics · Post Article

This thread has been locked, it will not receive new replies.
Locked on 03/20/2020 8:38:19 AM PDT by Admin Moderator, reason:

Search works

https://www.freerepublic.com/focus/f-bloggers/3826417/posts



Skip to comments.

Democratic Senator Dianne Feinstein Sold Off Stocks Before Coronavirus Crash – Faces Up To 20 Years In Prison Under The STOCK Act
www.rightjournalism.com ^ | 3/20/2020

Posted on 03/20/2020 8:35:52 AM PDT by bitt

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

Feinstein, who serves as ranking member of the Senate Judiciary Committee, and her husband sold between $1.5 million and $6 million in stock in California biotech company Allogene Therapeutics, between Jan. 31 and Feb. 18, Fox News reported.

When questioned by the newspaper, a spokesman for the Democrat from San Francisco said Feinstein wasn’t directly involved in the sale.

“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”

Under the Stock act, if proven guilty of insider trading she faces up to 20 years in prison. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

From Wikipedia:

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.

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


TOPICS:
KEYWORDS: 1moretime; california; diannefeinstein; feinstein

1 posted on 03/20/2020 8:35:53 AM PDT by bitt
[ Post Reply | Private Reply | View Replies]

To: Whenifhow; null and void; aragorn; EnigmaticAnomaly; kalee; Kale; AZ .44 MAG; Baynative; bgill; ...

p


2 posted on 03/20/2020 8:36:05 AM PDT by bitt (forget the electric chair..we're gonna need electric bleachers!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

She faces nothing. Not a single prominent democrat has been prosecuted under Trump for anything.


3 posted on 03/20/2020 8:36:43 AM PDT by CodeToad (Arm Up! They Have!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

Not gonna happen.................


4 posted on 03/20/2020 8:37:03 AM PDT by Red Badger (If people were to God like dogs are to people, the world would be a really great place..............)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

LOL! Sure. She and hildabeast can be cell mates. Like that’ll ever happen. We don’t call it the DOH-j for nuthin’.


5 posted on 03/20/2020 8:37:28 AM PDT by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

Right...

This is still the Obamanation, with a two-tiered justice system. Everyone out in the districts serves The Capitol.


6 posted on 03/20/2020 8:37:30 AM PDT by Old Sarge
[ Post Reply | Private Reply | To 1 | View Replies]

To: bitt

Let’s Post this story 100 more times. NO ONE on FR has seen it.


7 posted on 03/20/2020 8:37:51 AM PDT by LeonardFMason (Lou Dobbs)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson