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Rep. Dan Goldman has been a US politician for 80 days & has traded $12.5M in stocks alread
Posted on 3/24/23 at 8:46 pm
Posted on 3/24/23 at 8:46 pm
quote:
Fun Fact Friday?
Rep. Dan Goldman has been a US politician for 80 days
In those 80 days, he's already filed $12.5M of trades which averages to $156k/day
He also happens to sit on the House Oversight & Accountability Committee.
LINK
Posted on 3/24/23 at 9:13 pm to hikingfan
Who will punish these scumbags?
Posted on 3/24/23 at 9:21 pm to Dirtyboro
Not an excuse as they’re all scumbags, but he does have a NW of $235mm so this is probably regular trading for him.
Posted on 3/24/23 at 9:46 pm to Im4datigers
Hell 156k is just reinvesting dividends at that point.
Posted on 3/24/23 at 11:08 pm to Dirtyboro
quote:
Who will punish these scumbags?
Punish? You keep re-electing them.
Posted on 3/25/23 at 7:50 am to hikingfan
quote:
which averages to $156k/day
That’s about 0.07% of his net worth for average trading daily. That doesn’t seem out of the ordinary.
ETA: I think the more important question is did he or anyone else in Congress (and their family) trade on insider information.
This post was edited on 3/25/23 at 7:55 am
Posted on 3/25/23 at 8:09 am to hikingfan
Has he been buying and selling or just buying? The man is worth 250 million. 5% of his net worth could just be rebalancing...
This post was edited on 3/25/23 at 8:11 am
Posted on 3/25/23 at 8:34 am to CajunTiger92
Sad how y’all simp for these people
I guarantee you he won’t be eating bugs with us next year in the fema camp
I guarantee you he won’t be eating bugs with us next year in the fema camp
Posted on 3/25/23 at 8:51 am to hikingfan
Guy is a descendant of the Levi Strauss founder and has other billionaire family members.
Posted on 3/25/23 at 10:44 am to tiggerthetooth
quote:
Guy is a descendant of the Levi Strauss founder and has other billionaire family members.
He's a quarter billionaire himself. Born rich and will die rich. However, it is unseemly for a member of Congress with influence over legislation to have so much trading (even with his wealth). He should be invested in a blind trust at this point for much of his personal wealth, IMHO.
Posted on 3/25/23 at 10:50 am to hikingfan
Gotta make it quick with the complete reset coming.
Posted on 3/25/23 at 11:01 am to hikingfan
What did he avg beforehand?
Don’t know to be bothered or not if don’t know the context
Don’t know to be bothered or not if don’t know the context
Posted on 3/25/23 at 11:43 am to Ace Midnight
quote:
He's a quarter billionaire himself. Born rich and will die rich. However, it is unseemly for a member of Congress with influence over legislation to have so much trading (even with his wealth). He should be invested in a blind trust at this point for much of his personal wealth, IMHO.
They should make politicians wear handcuffs so they can’t daytrade on their phones at work
Posted on 3/25/23 at 3:06 pm to tiggerthetooth
quote:
Guy is a descendant of the Levi Strauss founder
Wouldn’t this just make him a descendant of Levi Strauss?
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