Posted on 03/20/2020 2:12:04 AM PDT by C19fan
The Senate’s newest member sold off seven figures worth of stock holdings in the days and weeks after a private, all-senators meeting on the novel coronavirus that subsequently hammered U.S. equities.
Sen. Kelly Loeffler (R-GA) reported the first sale of stock jointly owned by her and her husband on Jan. 24, the very day that her committee, the Senate Health Committee, hosted a private, all-senators briefing from administration officials, including the CDC director and Anthony Fauci, the head of the National Institutes of Health of the United States, on the coronavirus.
(Excerpt) Read more at msn.com ...
I think if you open this up...virtually all of the 100 Senators, and their staff members, and VIP campaign insiders...sold via insider info.
Did Democrat Schiff dump stock based on secret intel he had access to?
Adam Schiff is the head of the House intelligence committee, and has access to the government’s most highly classified information about threats to America’s security.
The intel committee was receiving daily coronavirus briefings, according to a Reuters story.
The stock market then began a sharp decline.
On Thursday, Schiff’s Senate counterpart, came under fire after NPR obtained a secret recording from Feb. 27, in which Intel chair Sen Burr gave a VIP group at the exclusive social club a much more dire preview of the economic impact of the coronavirus than what he had told the public.
“Senator Burr filed a financial disclosure form for personal transactions made several weeks before the U.S. and financial markets showed signs of volatility due to the growing coronavirus outbreak,” his spokesperson said. “As the situation continues to evolve daily, he has been deeply concerned by the steep and sudden toll this pandemic is taking on our economy.”
Shades of the titanic ... keep ammo dry , folkes. If they do that with their stocks, figure what they do with your properties and safeties
She needs to resign immediately in order to give Republicans a chance of retaining the Georgia Senate seat.
Apparently her and her husband’s stocks are in some type of blind trust, they don’t make decisions to buy or sell and don’t know of the activity until weeks after the managers of the trust buy or sell stocks. Regardless of the truth of the situation she will forever be labeled as a criminal who engaged in insider trading.
bttt
“I think if you open this up...virtually all of the 100 Senators, and their staff members, and VIP campaign insiders...sold via insider info.”
I order a box of Mask on Jan 27, 2020. That was after 4 days of reading about the virus outbreak in China.
I think the info about China was available knowledge to the public before she sold her stocks. I was considering pulling out in that same time frame. I got lucky and finally pull out three days before the market crash.
I would like to know what was brief to the Senate to convince so many Senators to sell.
I’ll bet that that the internal ‘secret’ info was that Wall Street would lose one-third of its value, and half the Fortune-500 companies would be in jeopardy unless one to two trillion dollars were injected into the system.
I do agree with you....letting the public know the briefing might be interesting at this point.
That’s two.
533 more to go.
90% of stock holding folks sold their stocks...and will buy them back.
We need to be careful about this. Notice that it is two REPUBLICAN senators. Dems setting this up to take over Senate?
No, I don’t condone this but why have we not heard about any Dems involved in this? We know they all do it. They have written rules to exempt themselves so why are we only hearing about republicans?
Someone here last night said that Pelousy or Feinstein had unloaded $5 million worth of stock. So where is that story.
Why in God's name do we put up with it.
Our founders warned us of this big government and how it would destroy us.
Public hangings are in order
We need to start laying down some lead and dropping brass.
Everyday these bastards screw us to the wall.
Spend our money like shit through a goose and then inside trade to save their ill gotten gains.
It’s three Republican Senators. Burr, Loeffler, and Inhofe. 53-47 Senate. Funny how that worked out heh.
Bullshit. Don’t excuse her and Burr’s insider trading because “everyone does it.” Everyone does NOT do this.
Betcha on the Hill they do...
Eartick, the man, the legend, the one-man commando squat.
I mean squad.
You've been talking for a couple years now about laying down your waste, why don't you get to it?
Dropping brass...haha!!...what a silly turd.
that position should be Doug Collins... he would be one to not use the position to do what Washington does to save their hides.
they think this is their right.. acting on insider info..
it never was and never will be...
Son, I have laid down lead and taken my shots. You do not know me and I could careless to know you.
How about you, FIGTIN WHITENESS, with a moniker like that you must have real problems with your little boy panties. OR does your mama still wipe your bung
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