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Voice of Reason

Four senators sold stocks before coronavirus threat crashed market

By Voice of Reason in Current Events and Hot Social Topics

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Voice of Reason Grand Master

Voice of Reason   10,298

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According to financial disclosure forms, Sens. Kelly Loeffler (R-Ga.), James Inhofe (R-Okla.), Dianne Feinstein (D-Calif.) and Richard Burr (R-N.C.) each sold hundreds of thousands of dollars in stocks within days of the Senate holding a classified briefing on Jan. 24 with Trump administration officials on the threat of the coronavirus outbreak.

 

 

 

https://thehill-com.cdn.ampproject.org/v/s/thehill.com/homenews/senate/488593-four-senators-sold-stocks-before-coronavirus-threat-crashed-market

 

yuna628 Veteran

yuna628   9,680

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I loved Burr's excuse "no I totally didn't use my private knowledge, I watched CNBC". How did Loeffler get elected having her husband be like the head of the NYSE and no one thought she wasn't going to be having some conflicts there? Man... these people. I bet there's more.

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Nature Boy 2.0 Veteran

Nature Boy 2.0   8,376

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3 hours ago, Voice of Reason said:

 

 

 

 

 

https://thehill-com.cdn.ampproject.org/v/s/thehill.com/homenews/senate/488593-four-senators-sold-stocks-before-coronavirus-threat-crashed-market

 

Kelly Loeffler is up for re election here. This might sink her.

Nature Boy 2.0 Veteran

Nature Boy 2.0   8,376

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3 hours ago, yuna628 said:

I loved Burr's excuse "no I totally didn't use my private knowledge, I watched CNBC". How did Loeffler get elected having her husband be like the head of the NYSE and no one thought she wasn't going to be having some conflicts there? Man... these people. I bet there's more.

She didn't . She was appointed by the Governor. She is up for reelection. Gonna have a tough time

Boiler Grand Master

Boiler   45,654

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I do not know for certain if this is true but they all basically said that their investments were in blind trusts and they had no involvement with or knowledge of any dealings until after the event.

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

Nature Boy 2.0 Veteran

Nature Boy 2.0   8,376

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2 hours ago, Boiler said:

I do not know for certain if this is true but they all basically said that their investments were in blind trusts and they had no involvement with or knowledge of any dealings until after the event.

I call bs. People have to know when people make million dollar decisions. 

laylalex Veteran

laylalex   7,293

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Posted
4 minutes ago, Nature Boy 2.0 said:

I call bs. People have to know when people make million dollar decisions. 

Well, if it is true, then they should not be held accountable personally. If not true, they should all be prosecuted. 

Boiler Grand Master

Boiler   45,654

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Posted
12 minutes ago, Nature Boy 2.0 said:

I call bs. People have to know when people make million dollar decisions. 

I thought I replied? Anyway easy enough to check, both D and R involved.

“If you know the enemy and know yourself, you need not fear the result of a hundred battles. If you know yourself but not the enemy, for every victory gained you will also suffer a defeat. If you know neither the enemy nor yourself, you will succumb in every battle.”

 

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