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Rep. Cleo Fields buys thousands in Oracle stock days before TikTok deal announced
Posted on 10/2/25 at 10:37 am
Posted on 10/2/25 at 10:37 am
quote:WBRZ.com
WASHINGTON — Rep. Cleo Fields bought thousands of dollars' worth of Oracle stock in the days before the Trump administration announced that the company would be playing a role in the pending U.S. spinoff of TikTok from Chinese company ByteDance, NOTUS reports.
According to a congressional financial disclosure document reviewed by the outlet on Wednesday, Fields, a Democrat, bought between $80,000 and $200,000 worth of Oracle shares across three different trades on Sept. 17, 18 and 23.
The news of Oracle's involvement with the TikTok deal was reported on Sept. 22,
Cleo Fields must be the luckiest SOB alive! What brilliant timing on his part!!!
23
Posted on 10/2/25 at 10:40 am to LSURussian
If Cleo is sitting at the congressional lunch table and people are talking stocks and he hears someone recommend to buy Oracle today, is that inside trading?
Posted on 10/2/25 at 10:41 am to GumboPot
quote:If the information is not publicly available, then yes.
If Cleo is sitting at the congressional lunch table and people are talking stocks and he hears someone recommend to buy Oracle today, is that inside trading?
Posted on 10/2/25 at 10:42 am to LSURussian
Also the September 23rd purchase date provides Cleo plausible deniability. That was probably the sole reason for a September 23rd purchase date.
Posted on 10/2/25 at 10:44 am to LSURussian
Not saying it did not happen, but insider trading is so hard to prove.
Posted on 10/2/25 at 10:44 am to LSURussian
DOJ and SEC need to investigate the frick out of this.
Posted on 10/2/25 at 10:45 am to LSURussian
these fricking guys 
now do poor martha stewart who got locked up in the slammer for a much much MUCH more minor SEC offense.
frick all politicians.
now do poor martha stewart who got locked up in the slammer for a much much MUCH more minor SEC offense.
frick all politicians.
Posted on 10/2/25 at 10:46 am to GumboPot
quote:My thought also.
Also the September 23rd purchase date provides Cleo plausible deniability. That was probably the sole reason for a September 23rd purchase date.
Posted on 10/2/25 at 10:46 am to GumboPot
quote:
Not saying it did not happen, but insider trading is so hard to prove.
here's a suggestion: MAKE IT frickING ILLEGAL TO BUY & SELL STOCK WHILE YOU ARE A REP OF THE US GOVERNMENT.
force these corrupt motherfrickers to have a blind trust in full public view for any mutual fund or stock action.
Posted on 10/2/25 at 10:47 am to GumboPot
The reason he can do that is because the governor gave him his position.
Posted on 10/2/25 at 10:48 am to LSURussian
They should only be allowed to buy index funds while serving. F’n criminals.
Posted on 10/2/25 at 10:49 am to GumboPot
quote:
Not saying it did not happen, but insider trading is so hard to prove.
If Cleo Fields did something, it's likely illegal and definitely unethical.
Posted on 10/2/25 at 10:50 am to LSURussian
Don't hate the player hate the game.
Politics are open to everyone. Go get elected and profit.
Politics are open to everyone. Go get elected and profit.
Posted on 10/2/25 at 10:57 am to CAD703X
quote:
here's a suggestion: MAKE IT frickING ILLEGAL TO BUY & SELL STOCK WHILE YOU ARE A REP OF THE US GOVERNMENT.
force these corrupt motherfrickers to have a blind trust in full public view for any mutual fund or stock action.
Posted on 10/2/25 at 10:58 am to LSURussian
Since he is such an advocate for the African American community, surely he shared his advice with the black voters who elected him? 
Posted on 10/2/25 at 10:58 am to CAD703X
quote:
here's a suggestion: MAKE IT frickING ILLEGAL TO BUY & SELL STOCK WHILE YOU ARE A REP OF THE US GOVERNMENT.
quote:LINK
Responding to a growing controversy over investing practices, the Federal Reserve on Thursday (September, 25, 2025) announced a ban on officials owning individual stocks and limits on other activities as well.
The ban includes top policymakers such as those who sit on the Federal Open Market Committee, along with senior staff. Future investments will have to be confined to diversified assets such as mutual funds.
Fed officials can no longer have holdings in shares of particular companies, nor can they invest in individual bonds, hold agency securities or derivative contracts. The new rules replace existing regulations that, while somewhat restrictive, still allowed members to buy and sell stocks.
That's the way it should be for all Senators, Representatives, the POTUS and VP and all Cabinet officials.
Posted on 10/2/25 at 11:00 am to Snipe
quote:
bought between $80,000 and $200,000 worth of Oracle shares across three different trades on Sept. 17, 18 and 23.
This post was edited on 10/2/25 at 11:01 am
Posted on 10/2/25 at 11:01 am to LSURussian
It wasnt some secret that Oracle was predicted to be the buyer of TikTok. I was being discussed back in June
Posted on 10/2/25 at 11:02 am to GumboPot
Yes it is
Posted on 10/2/25 at 11:03 am to LSURussian
He's just following investing advice from Pelosi.
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