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To: C19fan

Nothing’s gonna happen. I thought Congress had immunity from insider trading?


4 posted on 03/20/2020 2:54:34 AM PDT by DAC21 ( and Naflet had demint)
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To: DAC21
Nothing’s gonna happen. I thought Congress had immunity from insider trading?

Partner, you are coorect in saying that U.S. Senators are immune to this kind of behavior since this is how they get so filthy rich.

These folks are DemonRats and Republicans.

This is also the No. 1 reason why the public like myself "Can not stand Politicians" since they have access to this info. and they can act quickly and "We the People" do not know when to act since we are late getting this important information.

8 posted on 03/20/2020 3:02:54 AM PDT by TheConservativeTejano (God Bless Texas...)
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To: DAC21

I believe they do. Plus I am quite sure we are the only country having any laws aboutinsider trading.

Nothing will or should happen to these individuals.

What they did could easily be explained as a simple rebalancing of their portfolio after a very strong market run up.

I know I did this very same thing myself.


15 posted on 03/20/2020 3:14:31 AM PDT by billyboy15
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To: DAC21

They have immunity from 0bamaButtCrapCare. That I know.


19 posted on 03/20/2020 3:43:52 AM PDT by redshawk ( I want my red balloon. ( https://youtu.be/V12H2mteniE))
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To: DAC21

“I thought Congress had immunity from insider trading?”

There is that, and it is not like there was no awareness and nobody ringing the bell about Covid19 before they sold.


37 posted on 03/20/2020 5:16:49 AM PDT by beef (Caution: Potential Sarcasm - Process Accordingly)
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To: DAC21

In addition to the previous replies to your question, I also believe that the Senate has tried more than once to put through legislation to stop this, which is effectively insider trading. Sadly, it always has failed. Why would these millionaires kill the golden goose???


46 posted on 03/20/2020 6:19:25 AM PDT by USNA74
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To: DAC21
Nope.

obama did one thing right by signing the Stock Act of 2012 which supposedly made this illegal.

We'll see

49 posted on 03/20/2020 6:39:01 AM PDT by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves)
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