Insider trading by esteemed member of congress

bone · Mar 19, 2020

RRY16 said:
He use to work on the floor of PSE back in the 80’s. Love to drink.

Paul Jr and Hunter have a few things in common.

Cuddles · Mar 19, 2020

bone said:
Paul Jr and Hunter have a few things in common.

Neither had to go to court ordered training for running a scam foundation?

volpri · Mar 20, 2020

So what was he supposed to do? What would you do if you were in his shoes? Hold the stock?

trend2009 · Mar 20, 2020

it is not insider trading since virus info is public

MoreLeverage · Mar 20, 2020

Here’s a different senator who not only sold a bunch of stock early, they also bought companies like CTXS to benefit from remote working in a shutdown.

https://nypost.com/2020/03/19/georg...-after-private-meeting-on-coronavirus-report/

Cuddles · Mar 20, 2020

MoreLeverage said:
Here’s a different senator who not only sold a bunch of stock early, they also bought companies like CTXS to benefit from remote working in a shutdown.

https://nypost.com/2020/03/19/georg...-after-private-meeting-on-coronavirus-report/

and wife to the chairman &ceo of the NY stock exchange

volpri said:
So what was he supposed to do? What would you do if you were in his shoes? Hold the stock?

MoreLeverage · Mar 20, 2020

Not the leaders we need, but the leaders we deserve.

Cuddles · Mar 20, 2020

smallfil · Mar 20, 2020

Congress has been insider trading for a long time. 60 minutes did a special on it. Of course, the politicians came out with a law exempting them from disclosing their financial holdings on companies with business before them? That is why US politicians in Congress are there 30-40 years or till they die. Cummings and McCain were still working in Congress till their last days. Let that sink in. Money has to be extra good.

dealmaker · Mar 20, 2020

Henry Blodget
@hblodget
·
13m
Husband of Senator who dumped travel stocks and bought remote networking company after hearing confidential briefing on how bad coronavirus was runs the New York Stock Exchange.

Dan DeFrancesco
@dandefrancesco
Loeffler's husband is Jeff Sprecher, CEO of the Intercontinental Exchange, which owns the New York Stock Exchange. Sprecher is also the chairman of NYSE.