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Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

Rexedgar

Rexedgar

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Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

As the coronavirus outbreak began to spread across the U.S. in mid-February, Senate Intelligence Committee Chairman Richard Burr (R-N.C.) unloaded his holdings in dozens of stocks that would lose much of their market value over the coming weeks.

Burr and his wife Brooke sold between $581,000 and $1.5 million in publicly traded stocks on Feb. 13 and didn’t buy any new positions, according to a recent financial disclosure filed with the Senate.



Sounds about right........
 
If Burr used insider knowledge to unload stocks, imprison him.
 
What about the "few constituents" that he secretly warned?

On Feb. 27, when the United States had 15 confirmed cases of COVID-19, President Trump was tamping down fears and suggesting the virus could be seasonal.

"It's going to disappear. One day, It's like a miracle. It will disappear," the president said then, before adding, "it could get worse before it gets better. It could maybe go away. We'll see what happens."

On that same day, Burr attended a luncheon held at a social club called the Capitol Hill Club. And he delivered a much more alarming message.

"There's one thing that I can tell you about this: It is much more aggressive in its transmission than anything that we have seen in recent history," he said, according to a secret recording of the remarks obtained by NPR. "It is probably more akin to the 1918 pandemic."
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GOP Sen. Richard Burr Warned of COVID-19 Severity Early On
 
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Good of him to prepare by feathering his nest instead of worrying about parochial concerns like national readiness. Now our front line medical staff are tackling this without the protective gear they need. Thanks, Dick!
 
Rexedgar said:
Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

As the coronavirus outbreak began to spread across the U.S. in mid-February, Senate Intelligence Committee Chairman Richard Burr (R-N.C.) unloaded his holdings in dozens of stocks that would lose much of their market value over the coming weeks.

Burr and his wife Brooke sold between $581,000 and $1.5 million in publicly traded stocks on Feb. 13 and didn’t buy any new positions, according to a recent financial disclosure filed with the Senate.



Sounds about right........
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I didn't sell because I figured the dip would be quick (and it still might be) but I did buy some USO yesterday and picked up 14% in the past 24 hours. We'll see how that keeps up.
 
jamesbyoung said:
If Burr used insider knowledge to unload stocks, imprison him.
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It gets better with Burr. He’s retiring in 2022 before the **** hits the fan. He was an integral part of the trump coverups with mcconnell, beginning in September 2016 until this day.
 
Greenbeard said:
Good of him to prepare by feathering his nest instead of worrying about parochial concerns like national readiness. Now our front line medical staff are tackling this without the protective gear they need. Thanks, Dick!
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This needs to be used against tillis in his senate re-election and the rest of the down-ballot races in NC, a state where the gop is in serious disarray.

We’ll see how wise it was for the gop to hold its rnc convention in Charlotte, NC beginning 8/24, a full 38 days after the DNC Convention ends.
 
Rexedgar said:
Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

As the coronavirus outbreak began to spread across the U.S. in mid-February, Senate Intelligence Committee Chairman Richard Burr (R-N.C.) unloaded his holdings in dozens of stocks that would lose much of their market value over the coming weeks.

Burr and his wife Brooke sold between $581,000 and $1.5 million in publicly traded stocks on Feb. 13 and didn’t buy any new positions, according to a recent financial disclosure filed with the Senate.



Sounds about right........
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They can expect a rather large tax bill..
 
Barnacle said:
I'm all for it.
Burr has always been a POS, or at least since Trump got elected.
I'm all for imprisoning him.
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Since trump got elected? If that’s your measure, your two senators alexander and blackburn should also be in jail.
 
Rexedgar said:
Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

As the coronavirus outbreak began to spread across the U.S. in mid-February, Senate Intelligence Committee Chairman Richard Burr (R-N.C.) unloaded his holdings in dozens of stocks that would lose much of their market value over the coming weeks.

Burr and his wife Brooke sold between $581,000 and $1.5 million in publicly traded stocks on Feb. 13 and didn’t buy any new positions, according to a recent financial disclosure filed with the Senate.



Sounds about right........
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He might end up needing that money for legal bills. He is asshole deep in the scheme to prevent Trump from being President and then making his presidency a living nightmare as much as he could.
 
Mycroft said:
He might end up needing that money for legal bills. He is asshole deep in the scheme to prevent Trump from being President and then making his presidency a living nightmare as much as he could.
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Trump has self nightmared........
 
Greenbeard said:
Good of him to prepare by feathering his nest instead of worrying about parochial concerns like national readiness. Now our front line medical staff are tackling this without the protective gear they need. Thanks, Dick!
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Yawns. Since the first case in the US was known January 21, waiting until mid february to dump stocks hardly inside information.
 
Rexedgar said:
Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

As the coronavirus outbreak began to spread across the U.S. in mid-February, Senate Intelligence Committee Chairman Richard Burr (R-N.C.) unloaded his holdings in dozens of stocks that would lose much of their market value over the coming weeks.

Burr and his wife Brooke sold between $581,000 and $1.5 million in publicly traded stocks on Feb. 13 and didn’t buy any new positions, according to a recent financial disclosure filed with the Senate.



Sounds about right........
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Obviously Burr is just an economic genius who did a great job in predicting the short term future. :roll:

I do not know how is sounds - but it smells to high heaven.
 
Barnacle said:
I'm all for it.
Burr has always been a POS, or at least since Trump got elected.
I'm all for imprisoning him.
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Not the USSA - Investigations first. But that ain't happening
 
Drawdown said:
Yawns. Since the first case in the US was known January 21, waiting until mid february to dump stocks hardly inside information.
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Drawdown, quick: tell the DA you want to give him info.
 
Rexedgar said:
Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

As the coronavirus outbreak began to spread across the U.S. in mid-February, Senate Intelligence Committee Chairman Richard Burr (R-N.C.) unloaded his holdings in dozens of stocks that would lose much of their market value over the coming weeks.

Burr and his wife Brooke sold between $581,000 and $1.5 million in publicly traded stocks on Feb. 13 and didnâ€[emoji769]t buy any new positions, according to a recent financial disclosure filed with the Senate.



Sounds about right........
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Grifters are gonna grift, and idiot Republican voters will cheer it on.
 
jamesbyoung said:
If Burr used insider knowledge to unload stocks, imprison him.
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LOL.

The Congress passed a special law that applies only to them.... that it’s fine if they trade on insider information.

But the terrible thing is telling the public one thing as you feather your nest and other donors nests while knowing differently.
 
ecofarm said:
In the USSA, Bernie will take care of Burr.
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C19 has laid bare the impacts on low incomes, little to no social support programs in the US

Canada's PM,Provinces made some mistakes, but we are rolling out assistance, and special programs to draw upon for those laid off, no EI, sick with or caring for a C19 quarantine, paid benefits and such

Meanwhile back in the US???????????????
 
Threegoofs said:
LOL.

The Congress passed a special law that applies only to them.... that it’s fine if they trade on insider information.

But the terrible thing is telling the public one thing as you feather your nest and other donors nests while knowing differently.
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In 2012 they passed the STOCK Act; cute how the acronym fits......

STOCK Act - Wikipedia

They caught Nancy Pelosi on 60 Minutes.


Confronting Pelosi on insider trading - CBS News


Don’t pee on my head and tell me it’s rain..........
 
JANFU said:
Meanwhile back in the US??
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Back in the US, back in the US, back in the USSA.

The 'a' is like 'ah' not 'hay'. Minor change.
 
Rexedgar said:
Senate Intel chair unloaded stocks in mid-February before coronavirus rocked markets

As the coronavirus outbreak began to spread across the U.S. in mid-February, Senate Intelligence Committee Chairman Richard Burr (R-N.C.) unloaded his holdings in dozens of stocks that would lose much of their market value over the coming weeks.

Burr and his wife Brooke sold between $581,000 and $1.5 million in publicly traded stocks on Feb. 13 and didn’t buy any new positions, according to a recent financial disclosure filed with the Senate.



Sounds about right........
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Drain the swamp, my A ..... The Republicans are the swamp.
 
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