lmao , everyone “it wasn’t me” “perfectly legal” as if somehow liquefying your assets is some punishment . I guess they can only make a steady return on index funds , what horror ! im sure what these guys (I know there are some ladies too) did might be technically legal . After all , you don’t become rich , stay rich , and hold a position of power without knowing how to maneuver inside the lines . I can never prove intent , but it does look like corona was underplayed in order to keep the market high for as long as possible . If we get through this with lower than expected deaths is it because of the great response of our federal govt ? Or because we got lucky / local leaders did their thing ? as it stands I can’t help but feel that these people put profits over saving lives .... and they used inside info to make a Buck or two. I hope the people in their states have the resolve to remove these senators from office. We will get some token re-writing of the rules and new loopholes will be found . the only way to punish these people and provide a real deterrent to others in the future is by going severe
Gee, I guess it helped having a confidential senate briefing this time... Sen. Richard Burr's Pre-Pandemic Stock Sell-Offs Highly Unusual, Analysis Shows https://www.npr.org/2020/04/16/8361...stock-sell-offs-highly-unusual-analysis-shows
Is it me or is "attacked for our success" an Ayn Rand sociopath thing that has filtered into the mainstream? It's like saying "Don't hate me for being a criminal who got away with it and is now rich beyond measure as a result of it"
Trader Dickey getting his brother in law in on the action Sen. Richard Burr was not the only member of his family to sell off a significant portion of his stock holdings in February, ahead of the market crash spurred by coronavirus fears. On the same day Burr sold, his brother-in-law also dumped tens of thousands of dollars worth of shares. The market fell by more than 30% in the subsequent month. Burr’s brother-in-law, Gerald Fauth, who has a post on the National Mediation Board, sold between $97,000 and $280,000 worth of shares in six companies — including several that have been hit particularly hard in the market swoon and economic downturn. https://www.propublica.org/article/...paign=majorinvestigations&utm_content=feature This guy is a criminal, full stop.
The fact no one is calling for them to resign (or face charges) is American politics in a nutshell. We've gone beyond "they should be in jail" into "Should they be shamed for their "success"? What if that's you one day?" Everything to the highest bidder.
LATimes is reporting that the FBI has served warrant on Burr's cell phone; most probably, the same for Kelly Loeffer and her hubby
These two are not exactly Trump's favorite-- and certainly not the Democrat's favorite, either. Fun times for Dick Burr.
I doubt it. Although her crime is far worse than Burr's , she did so with the collaboration of her husband who is the founder and CEO of ICE and NYSE. They aren't going to risk anymore economic volatility.