Sedalia Dave Posted March 20, 2020 Share Posted March 20, 2020 Seems that some of our congressional leaders may be guilty of insider trading. Dianne Feinstein, 3 Senate colleagues sold off stocks before coronavirus crash: reports Link to comment Share on other sites More sharing options...
Grass Range Posted March 20, 2020 Share Posted March 20, 2020 Proof? Link to comment Share on other sites More sharing options...
Pat Riot Posted March 20, 2020 Share Posted March 20, 2020 36 minutes ago, Grass Range said: Proof? Look it up: From the Article Dave posted The data is listed on a U.S. Senate website containing financial disclosures from Senate members. Link to comment Share on other sites More sharing options...
Trigger Mike Posted March 20, 2020 Share Posted March 20, 2020 Our newly appointed by the governor senator, whose husband is head of the new York stock exchange sold millions the day the Senate was briefed on the virus. This was before the market tanked. Another candidate of the same party will get my vote instead Link to comment Share on other sites More sharing options...
Tex Wilson Posted March 20, 2020 Share Posted March 20, 2020 From the articles I've been reading, it looks as if a few of our congressmen and women sold off a sh%# load of stocks after the committee they were on learned about the coronavirus. I hope they are all found guilty of insider trading and sent to prison. Link to comment Share on other sites More sharing options...
Sixgun Sheridan Posted March 20, 2020 Share Posted March 20, 2020 1 minute ago, Arizona Gunfighter said: From the articles I've been reading, it looks as if a few of our congressmen and women sold off a sh%# load of stocks after the committee they were on learned about the coronavirus. I hope they are all found guilty of insider trading and sent to prison. Diane Feinstein will get a free pass. The others won't. You heard it here first. Link to comment Share on other sites More sharing options...
Tyrel Cody Posted March 20, 2020 Share Posted March 20, 2020 7 minutes ago, Sixgun Sheridan said: Diane Feinstein will get a free pass. The others won't. You heard it here first. Fact Link to comment Share on other sites More sharing options...
Tex Wilson Posted March 20, 2020 Share Posted March 20, 2020 "The Untouchables" (Democratic Style): Obama, Hillary, Feinstein, Schumer, Pelosi, Nadler, Brennan, Clapper, Comey, feel free to add to the list if you can think of any more. Link to comment Share on other sites More sharing options...
Red Gauntlet , SASS 60619 Posted March 20, 2020 Share Posted March 20, 2020 It all depends. Burr may have made individual sale decisions. I doubt the others have, Rep or Dem. I've never directed an individual investment in my 401k for decades. Buying and selling is reported to me. And I'm a private citizen. Many senators and members of congress have blind trusts anyway. I'll wait for about 10 days to get agitated by this one. In other news, Nicki Haley has resigned from the Boeing board, objecting to the company's request for federal bailouts. Good move. My rank speculation is that she'll be Trump's vice-presidential nominee this Fall. Link to comment Share on other sites More sharing options...
bgavin Posted March 21, 2020 Share Posted March 21, 2020 Insider trading by politicians? Absolutely. The cause of the crash? Not a chance. Hedge funds are what drive the market. Mom 'n Pop investors, or what they call "retail investors" make up a very small part of the market. Look at the price and volume chart at 2pm. When the brokers start making margin calls after the lunch hour, this dip is a good sign of margin selling that depresses the stock price further. Link to comment Share on other sites More sharing options...
Matthew Duncan Posted March 21, 2020 Share Posted March 21, 2020 Link to comment Share on other sites More sharing options...
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