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Senator Sold Hundreds of Thousands of Dollars in Stocks After Suggesting U.S. Was Prepared for Coronavirus
The New York Times ^ | March 19, 2020 Updated 8:48 p.m. ET | Eric Lipton and Nicholas Fandos

Posted on 03/19/2020 6:03:22 PM PDT by E. Pluribus Unum

WASHINGTON — Senator Richard M. Burr sold hundreds of thousands of dollars’ worth of stock in major companies last month, as President Trump and others in his party were still playing down the threat presented by the coronavirus outbreak and before the stock market’s precipitous plunge.

The stocks were sold in mid-February, days after Mr. Burr, Republican of North Carolina and the chairman of the Intelligence Committee, wrote an opinion piece for Fox News suggesting that the United States was “better prepared than ever before” to confront the virus.

Two weeks after the sales, Mr. Burr spoke at the Capitol Hill Club in Washington to a nonpartisan group called the Tar Heel Club, warning that the virus could soon cause a major disruption in the United States.

The gathering, which drew fewer than 100 people, included representatives from the North Carolina governor’s office, as well as staff members from other congressional offices in the state.

“There’s one thing that I can tell you about this — it is much more aggressive in its transmission than anything we have seen in recent history,” Mr. Burr said, according to a recording obtained by NPR, which reported on his remarks on Thursday. “It’s probably more akin to the 1918 pandemic.”


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


TOPICS: News/Current Events
KEYWORDS: insidertrading; search
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1 posted on 03/19/2020 6:03:22 PM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

I’m fine with Burr, this NeverTrump rat doing a stint in the big house.


2 posted on 03/19/2020 6:04:55 PM PDT by JonPreston
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To: E. Pluribus Unum

Bur is a Trump hating SOB.


3 posted on 03/19/2020 6:05:48 PM PDT by Robert DeLong
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To: JonPreston

Couldn’t happen to a nicer fella.


4 posted on 03/19/2020 6:05:52 PM PDT by Jeff Chandler (BLACK LIVES MAGA)
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To: JonPreston

Big house heck. The globalist should hang.


5 posted on 03/19/2020 6:05:57 PM PDT by cowboyusa (America Cowboy Up)
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To: E. Pluribus Unum

On his show a few minutes ago, Tucker Carlson called for Burr’s resignation and prosecution for insider trading.


6 posted on 03/19/2020 6:06:02 PM PDT by mewzilla (Break out the mustard seeds.)
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To: JonPreston

Ditto!


7 posted on 03/19/2020 6:06:07 PM PDT by gov_bean_ counter (AOC the bartender would have had to work on the second floor at Miss KittyÂ’s saloon...)
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To: mewzilla

And I’m wondering about the other 534...


8 posted on 03/19/2020 6:07:13 PM PDT by mewzilla (Break out the mustard seeds.)
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To: E. Pluribus Unum

Oh believe me there will be more than just him to be exposed. It’s going to get embarrassing and very uncomfortable for a lot of people

We will see who was or is “patriotic” after all.


9 posted on 03/19/2020 6:08:19 PM PDT by AmericanInTokyo (Camp Humphreys, S. Korea Target #1 by Kim Jong UnÂ’s varied trajectory missile tests since May!)
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To: E. Pluribus Unum

Rope
Tree


10 posted on 03/19/2020 6:09:11 PM PDT by Tijeras_Slim
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To: E. Pluribus Unum

I’m sure this asshole will be buying back in when the market hits the floor.


11 posted on 03/19/2020 6:09:16 PM PDT by sheehan (DEPORT ALL ILLEGALS.)
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To: E. Pluribus Unum

He was also telling people at an event that cost money to get into that something bad was coming


12 posted on 03/19/2020 6:09:25 PM PDT by RummyChick
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To: E. Pluribus Unum

Uh he gave the speech 2 weeks after the stock sale. And this doesn’t qualify as insider trading.


13 posted on 03/19/2020 6:11:00 PM PDT by Williams (Stop Tolerating The Intolerant)
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To: E. Pluribus Unum

Should be prosecuted


14 posted on 03/19/2020 6:12:00 PM PDT by stuck_in_new_orleans
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To: mewzilla

Burr is a rat l hope he is forced out.


15 posted on 03/19/2020 6:12:18 PM PDT by gibsonguy
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To: E. Pluribus Unum

So what?

He was honest. Lot of “might”s and “maybe”s in what he knew.
Oh, he’s a Republican LOL!


16 posted on 03/19/2020 6:12:43 PM PDT by mrsmith (Dumb sluts (M / F) : Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: E. Pluribus Unum

he should resign immediately.


17 posted on 03/19/2020 6:13:18 PM PDT by hondact200 (Lincoln Freed the Slaves. Obama Enslaves the Free. Trump 2020 - Keep America Great)
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To: sheehan

“I’m sure this asshole will be buying back in when the market hits the floor”

As will I, as should everyone. Why can’t he buy and sell his stock when he wants?


18 posted on 03/19/2020 6:13:25 PM PDT by Williams (Stop Tolerating The Intolerant)
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To: E. Pluribus Unum

Sen Kelly Loeffler dumped millions of stock after attending senator meeting on the coronavirus in Jan.

She also purchase stock in Citrix. Citrix offers teleworking software

The real question what said in those classified briefings to scare them into selling all their stocks.

The government knew this was serious in Jan.


19 posted on 03/19/2020 6:15:34 PM PDT by DEPcom
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To: E. Pluribus Unum

This is a hit by the Democrats to take out a Republican Senator. He may deserve it, but understand what is going on here. This is a part of the Democrat plan to take over the Senate. As usual, many Freepers are falling for it.


20 posted on 03/19/2020 6:16:09 PM PDT by centurion316 (.)
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