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Senator Richard Burr committed insider trading?
Posted on 3/19/20 at 5:29 pm
Posted on 3/19/20 at 5:29 pm
LINK
What a scum bag
What a scum bag
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.
On Thursday, Burr came under fire after NPR obtained a secret recording from Feb. 27, in which the lawmaker gave a VIP group at an exclusive social club a much more dire preview of the economic impact of the coronavirus than what he had told the public.
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Posted on 3/19/20 at 5:30 pm to CommoDawg
Those asshats are immune from insider trading laws.
Posted on 3/19/20 at 5:30 pm to CommoDawg
ok
Posted on 3/19/20 at 5:30 pm to CommoDawg
They all do it
Posted on 3/19/20 at 5:31 pm to CommoDawg
quote:
On Thursday, Burr came under fire after NPR obtained a secret recording from Feb. 27, in which the lawmaker gave a VIP group at an exclusive social club a much more dire preview of the economic impact of the coronavirus than what he had told the public.
That doesn't prove insider trading.
frick NPR
Posted on 3/19/20 at 5:31 pm to CommoDawg
Insider trading was legal for those "elites" for years.
Posted on 3/19/20 at 5:32 pm to CommoDawg
dont be such a SPED
Posted on 3/19/20 at 5:32 pm to CommoDawg
Burr has been a thorn in Trump's side since Inauguration. Given his long tenure up there, He's likely compromised and dirty, and this proves he's open for business. I just hope we have somebody in the wings to take his place; he can take his 'seniority' and shove it. 
Posted on 3/19/20 at 5:33 pm to CommoDawg
If there are some that don't do it would be more of a shock.
Frick em all
Frick em all
Posted on 3/19/20 at 5:34 pm to CommoDawg
Stone him
Posted on 3/19/20 at 5:35 pm to CommoDawg
Politician believed to be corrupt. Details at 10.
Posted on 3/19/20 at 5:39 pm to CommoDawg
Looks like he learned a few things from Hilldawgs cattle futures trading, DiFi's dirty dealings, and San Fran Nan's exponential growth in wealth w/ inside info !
Posted on 3/19/20 at 5:39 pm to CommoDawg
I bet 99% of congress sold their stocks heavily before they artificially started taking actions to ruin the economy and crash the stock market.
I would equally bet those same people are buying now and each one will make millions off of all of this
insider trading is how congress gets paid $150k a year and become multi millionaires in 3-4 years
I would equally bet those same people are buying now and each one will make millions off of all of this
insider trading is how congress gets paid $150k a year and become multi millionaires in 3-4 years
Posted on 3/19/20 at 5:41 pm to CommoDawg
You realize millions of people were selling stocks. It’s why the market went down.
Posted on 3/19/20 at 5:44 pm to Janky
Like the sexual assault slush fund, I’d imagine ending the insider trading immunity would get wide bipartisan support.
Posted on 3/19/20 at 5:44 pm to CommoDawg
Insider trading is the trading of a public company's stock or other securities based on material, nonpublic information about the company.
Posted on 3/19/20 at 5:52 pm to CommoDawg
I'm kinda worried about us losing North Carolina.
Posted on 3/19/20 at 5:52 pm to boosiebadazz
quote:
Like the sexual assault slush fund, I’d imagine ending the insider trading immunity would get wide bipartisan support.
Can we throw in term limits?
Posted on 3/19/20 at 5:54 pm to CommoDawg
quote:Also...
Intelligence Chairman Burr Raised Virus Alarms Weeks Ago, Secret Recording Shows
quote:Nothing will happen to this slimy POS he is retiring. He is my rep. and I call him out as I am not a partisan hack. I wish the democrats would call out their crooks.
U.S. District Judge Ketanji Brown Jackson, a Barack Obama appointee, ordered Wolfe to serve two months behind bars. Earlier, he had been allowed to plead guilty to charges of lying to federal investigators.
Senator Richard Burr (R-N.C.), the intelligence committee’s chairman; vice chairman Mark Warner (D-Va.) and former chairman Dianne Feinstein (D-Calif.) had co-signed a letter to the judge asking for no jail time for their longtime aide. “We do not believe there is any public utility in depriving him of his freedom,” the senators wrote.
Judge Jackson rebuffed the senators. “This court routinely sentences people who come from nothing, who have nothing, and whose life circumstances are such that they really don’t have a realistic shot of doing anything other than committing crimes,” she said. “The unfortunate life circumstances of those defendants don’t result in a lower penalty, so why should someone who had every chance of doing the right thing, a person who society rightly expects to live up to high moral and ethical standards and who has no excuse for breaking the law, be treated any better in this regard?”
LINK
LINK
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