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Started By
Message
re: Insider Coronavirus Trading
Posted on 3/19/20 at 4:23 pm to GardnerBarnes
Posted on 3/19/20 at 4:23 pm to GardnerBarnes
quote:
Insider Coronavirus Trading
does not exist for Senators
since OP only blind-linked a tweet, here is the underlying article
LINK
quote:
Soon after he offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee, Richard Burr, sold off a significant percentage of his stocks, unloading between $582,029 and $1.56 million of his holdings on Feb. 13 in 29 separate transactions.
As the head of the intelligence committee, Burr, a North Carolina Republican, has access to the government’s most highly classified information about threats to America’s security. His committee was receiving daily coronavirus briefings around this time, according to a Reuters story.
A week after Burr’s sales, the stock market began a sharp decline and has lost about 30% since.
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