Off-Topic: Some Interesting Facts
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Name:   GoneFishin The author of this post is registered as a member - Email Member
Subject:   Some Interesting Facts
Date:   3/20/2020 1:45:43 PM (updated 3/20/2020 1:50:33 PM)

Here is some cut n paste with some interesting facts....

WASHINGTON — Senator Richard M. Burr sold hundreds of thousands of dollars’ worth of stock in major companies last month, as President Trump and others in his party were still playing down the threat presented by the coronavirus outbreak and before the stock market’s precipitous plunge.

The stocks were sold in mid-February, days after Mr. Burr, Republican of North Carolina and the chairman of the Intelligence Committee, wrote an opinion article for Fox News suggesting that the United States was “better prepared than ever before” to confront the virus. At least three other senators sold major stock holdings around the same time, disclosure records show.

Two weeks after Mr. Burr sold his stocks, he spoke at the Capitol Hill Club in Washington to a nonpartisan group called the Tar Heel Club, warning that the virus could soon cause a major disruption in the United States.

Burr was one of just one of three senators who voted against legislation in 2012 banning so-called congressional insider trading.

Sen. Kelly Loeffler (R-GA) reported the first sale of stock jointly owned by her and her husband who is OWNER of the NY stock exchange on Jan. 24, the very day that her committee, the Senate Health Committee, hosted a private, all-senators briefing from administration officials, including the CDC director and Anthony Fauci, the head of the National Institute of Allergy and Infectious Diseases, on the coronavirus. 

“Appreciate today’s briefing from the President’s top health officials on the novel coronavirus outbreak,” she tweeted about the briefing at the time.

Loeffler had not made a single stock transaction during the three weeks she served in office prior to this one. This was her first. The day she got the coronavirus briefing.

As it happens, Burr and Loeffler sat next to each other on the Senate floor during the chamber’s impeachment trial in January.

Feinstein, who serves as ranking member of the Senate Judiciary Committee, and her husband sold between $1.5 million and $6 million in stock in California biotech company Allogene Therapeutics, between Jan. 31 and Feb. 18, The New York Times reported.

Other messages in this thread:View Entire Thread
SEC - lucky67 - 3/20/2020 10:13:30 AM
     SEC - MartiniMan - 3/20/2020 10:48:42 AM
     SEC - Talullahhound - 3/20/2020 11:51:01 AM
          Hound you are right yet again! - architect - 3/20/2020 1:06:05 PM
     Interesting update on this - MartiniMan - 3/20/2020 12:26:12 PM
          Interesting update on this - lucky67 - 3/20/2020 12:27:54 PM
               Interesting update on this - MartiniMan - 3/20/2020 12:31:30 PM
                    Interesting update on this - lucky67 - 3/20/2020 12:32:40 PM
                         Interesting update on this - MartiniMan - 3/20/2020 12:39:26 PM
                              With all due respect MM - architect - 3/20/2020 1:03:17 PM
                                   Some Interesting Facts - GoneFishin - 3/20/2020 1:45:43 PM



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