Four senators sold stocks before coronavirus threat crashed market

[The Purge]

Democratic Senator Dianne Feinstein Sold Off Stocks Before Coronavirus Crash – Faces Up To 20 Years In Prison Under The STOCK Act

Right Journalism ^ | 03.20.2020 | Alex D.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

When questioned by the newspaper, a spokesman for the Democrat from San Francisco said Feinstein wasn’t directly involved in the sale.

“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”

Under the Stock act, if proven guilty of insider trading she faces up to 20 years in prison. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

From Wikipedia:

The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

The bill was introduced by Joe Lieberman, independent United States Senator for Connecticut, on January 26, 2012, and passed in the Senate by a 96–3 vote. Later the House of Representatives passed it by a 417–2 vote. The bill was supported heavily by vulnerable incumbents and signed into law by President Obama. According to the current United States Senate Select Committee on Ethics, “A member, officer, or employee of the Senate shall not receive any compensation, nor shall he permit any compensation to accrue to his beneficial interest from any source, the receipt or accrual of which would occur by virtue of influence improperly exerted from his position as a member, officer, or employee.”

The maximum prison sentence for an insider trading violation is now 20 years. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

This is nothing new when it comes to high ranking Democrats.

A few years back a huge scandal burst out but the Dems made a cover-up of everything as always.

Steve Kroft reported that members of Congress can legally trade stock based on non-public information from Capitol Hill and the main star of the show was Nancy Pelosi.

Pelosi and her husband participated in an initial public offering of Visa in 2008, according to CBS. They bought 5,000 shares at the initial price of $44; two days later, shares were trading at $64, CBS said.

The network reported the investment came at the same time a piece of legislation that was opposed by credit-card companies was making its way through the House.

“Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi,” Pelosi spokesman, Drew Hammill, said in a statement few days after the report came out.

CBS said it used as a starting point for its story the research of Peter Schweizer, a fellow at the Hoover Institution, a conservative think tank at Stanford University.

About a year ago, he began work on a book about “soft corruption” in Washington, CBS reported. The network said it had independently verified the material it used.

Pelosi’s spokesman criticized the CBS story for failing to note that the “legislation in question was reported out of the Judiciary Committee on October 3, 2008 — the day the House was consumed in passing TARP and also the last day the House was in session before the November election.”

You can watch the preview of the show and the full show below! Preview:

Video:

Democrats leadership are the most corrupt politicians in the history of our country and we the people are being abused by them.

Every time our country makes significant success the Dems are here to ruin that.

Also, don’t forget the swamp creatures from the GOP they should all answer for their crimes.

Please share this article wherever you can. It is the only way we can work around their censorship and ensure people receive news about issues that Democrats and the mainstream media suppress.

------------

Congress made it legal for themselves to commit inside trading. They made it illegal a few years ago and then went back and inserted the protection provisions basically in the middle of the night

 

[Aletheia4u]

And remember, Diane Feinstein and the rest of them were claiming that a recession suppose have been coming. But why they didn't sold their stocks back then?

 

[Rye Catcher]

Senator Richard Burr Warned Of Coronavirus Effects In Private Meeting - Intelligence Chairman Raised Virus Alarms Weeks Ago, Secret Recording Shows

So, Burr let the fat cats know what was coming while the rest of us were being treated like mushrooms...kept in the dark and fed bullshit.

Did Burr make any public appearances on Fox News or any other media outlet in that timeframe?

If he was communicating a different message to the public, that would be one thing.

Burr spoke to his big donors on February 27. Just two days before I started this topic: Brace Yourselves For Another Stock Market Dive On Monday

I had the same knowledge as was available to the rest of the public. So I would not go so far as to say Burr was committing "insider trading".

But if he was telling the public not to worry while telling his donors shit was about to hit the fan, then he should be recalled.

you had this information....


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."

The 1918 influenza virus was killing young people. The SARS-2 coronavirus is killing old people. The demographic is significantly different.

And the burden is an additional stress during flu season.

Wrong again ^^^. You really need to watch the MSM: PBS, MSNBC and CNN; then you won't continue to embarrass yourself. Watching Fox and listening to Hannity and Limbaugh has fried you brain.

 

[Rye Catcher]

Democratic Senator Dianne Feinstein Sold Off Stocks Before Coronavirus Crash – Faces Up To 20 Years In Prison Under The STOCK Act

Right Journalism ^ | 03.20.2020 | Alex D.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

When questioned by the newspaper, a spokesman for the Democrat from San Francisco said Feinstein wasn’t directly involved in the sale.

“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”

Under the Stock act, if proven guilty of insider trading she faces up to 20 years in prison. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

From Wikipedia:

The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

The bill was introduced by Joe Lieberman, independent United States Senator for Connecticut, on January 26, 2012, and passed in the Senate by a 96–3 vote. Later the House of Representatives passed it by a 417–2 vote. The bill was supported heavily by vulnerable incumbents and signed into law by President Obama. According to the current United States Senate Select Committee on Ethics, “A member, officer, or employee of the Senate shall not receive any compensation, nor shall he permit any compensation to accrue to his beneficial interest from any source, the receipt or accrual of which would occur by virtue of influence improperly exerted from his position as a member, officer, or employee.”

The maximum prison sentence for an insider trading violation is now 20 years. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

This is nothing new when it comes to high ranking Democrats.

A few years back a huge scandal burst out but the Dems made a cover-up of everything as always.

Steve Kroft reported that members of Congress can legally trade stock based on non-public information from Capitol Hill and the main star of the show was Nancy Pelosi.

Pelosi and her husband participated in an initial public offering of Visa in 2008, according to CBS. They bought 5,000 shares at the initial price of $44; two days later, shares were trading at $64, CBS said.

The network reported the investment came at the same time a piece of legislation that was opposed by credit-card companies was making its way through the House.

“Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi,” Pelosi spokesman, Drew Hammill, said in a statement few days after the report came out.

CBS said it used as a starting point for its story the research of Peter Schweizer, a fellow at the Hoover Institution, a conservative think tank at Stanford University.

About a year ago, he began work on a book about “soft corruption” in Washington, CBS reported. The network said it had independently verified the material it used.

Pelosi’s spokesman criticized the CBS story for failing to note that the “legislation in question was reported out of the Judiciary Committee on October 3, 2008 — the day the House was consumed in passing TARP and also the last day the House was in session before the November election.”

You can watch the preview of the show and the full show below! Preview:

Video:

Democrats leadership are the most corrupt politicians in the history of our country and we the people are being abused by them.

Every time our country makes significant success the Dems are here to ruin that.

Also, don’t forget the swamp creatures from the GOP they should all answer for their crimes.

Please share this article wherever you can. It is the only way we can work around their censorship and ensure people receive news about issues that Democrats and the mainstream media suppress.

------------

Congress made it legal for themselves to commit inside trading. They made it illegal a few years ago and then went back and inserted the protection provisions basically in the middle of the night

SENATOR FEINSTEIN HAS REPORTED THAT HER INVESTMENTS HAVE BEEN IN A BLIND TRUST.

See the report in the SF Chronicle, here:

Feinstein denies wrongdoing in stock sale before coronavirus outbreak

 

[The Purge]

Democratic Senator Dianne Feinstein Sold Off Stocks Before Coronavirus Crash – Faces Up To 20 Years In Prison Under The STOCK Act

Right Journalism ^ | 03.20.2020 | Alex D.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

When questioned by the newspaper, a spokesman for the Democrat from San Francisco said Feinstein wasn’t directly involved in the sale.

“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”

Under the Stock act, if proven guilty of insider trading she faces up to 20 years in prison. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

From Wikipedia:

The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

The bill was introduced by Joe Lieberman, independent United States Senator for Connecticut, on January 26, 2012, and passed in the Senate by a 96–3 vote. Later the House of Representatives passed it by a 417–2 vote. The bill was supported heavily by vulnerable incumbents and signed into law by President Obama. According to the current United States Senate Select Committee on Ethics, “A member, officer, or employee of the Senate shall not receive any compensation, nor shall he permit any compensation to accrue to his beneficial interest from any source, the receipt or accrual of which would occur by virtue of influence improperly exerted from his position as a member, officer, or employee.”

The maximum prison sentence for an insider trading violation is now 20 years. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

This is nothing new when it comes to high ranking Democrats.

A few years back a huge scandal burst out but the Dems made a cover-up of everything as always.

Steve Kroft reported that members of Congress can legally trade stock based on non-public information from Capitol Hill and the main star of the show was Nancy Pelosi.

Pelosi and her husband participated in an initial public offering of Visa in 2008, according to CBS. They bought 5,000 shares at the initial price of $44; two days later, shares were trading at $64, CBS said.

The network reported the investment came at the same time a piece of legislation that was opposed by credit-card companies was making its way through the House.

“Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi,” Pelosi spokesman, Drew Hammill, said in a statement few days after the report came out.

CBS said it used as a starting point for its story the research of Peter Schweizer, a fellow at the Hoover Institution, a conservative think tank at Stanford University.

About a year ago, he began work on a book about “soft corruption” in Washington, CBS reported. The network said it had independently verified the material it used.

Pelosi’s spokesman criticized the CBS story for failing to note that the “legislation in question was reported out of the Judiciary Committee on October 3, 2008 — the day the House was consumed in passing TARP and also the last day the House was in session before the November election.”

You can watch the preview of the show and the full show below! Preview:

Video:

Democrats leadership are the most corrupt politicians in the history of our country and we the people are being abused by them.

Every time our country makes significant success the Dems are here to ruin that.

Also, don’t forget the swamp creatures from the GOP they should all answer for their crimes.

Please share this article wherever you can. It is the only way we can work around their censorship and ensure people receive news about issues that Democrats and the mainstream media suppress.

------------

Congress made it legal for themselves to commit inside trading. They made it illegal a few years ago and then went back and inserted the protection provisions basically in the middle of the night

SENATOR FEINSTEIN HAS REPORTED THAT HER INVESTMENTS HAVE BEEN IN A BLIND TRUST.

See the report in the SF Chronicle, here:

Feinstein denies wrongdoing in stock sale before coronavirus outbreak

SHE LIES!!!!!!....San Fran Chronicles!!!!!!!!!

 

[skye]

".....and Martha Stewart was jailed for a $40.000 trade....Let that sink in when you see the millions sold by the Senators."


Those Senators are total and undiluted SCUM! SHAME ON THEM!

 

[skye]

Left, Right or Middle....that is WRONG! SHAME ON THEM!

 

[The Purge]

Look Beyond The Virus: The Left Wants Us Destroyed And They’ve Got The Means

According to Hoyt ^ | 20 Mar 2020 | Bill Reader

I’d hate it to be said I’m being ambiguous about what I’m arguing. I’ll be plain: I believe the Left worked to help cause a crisis, worked to maximize the psychological impact of the crisis, and now have been given the means to determine the extent of the crisis. And if we do nothing, they may do tremendous harm to the country. For years I’ve written that the Left has at least passively been programmed to hate the country and works against its interests. I’ve detailed at length how the well-intentioned rank-and-file Democrats contribute to this, and speculated extensively about the mindset that might justify, drive, and predict their behaviors. Yet even for someone as relatively jaded as me, I am shocked at what I have seen in the last few weeks.



So step back and ignore CCP virus for a moment. It’s not that it’s not important and it’s not that it’s not dangerous. But pay careful attention to what it’s being used to justify.



Let’s go back to before CCP virus made landfall—I seem to recall the Leftist media licking its chops at the prospect. In the context of which, repatriating people from the Diamond Princess cruise ship explicitly against Donald Trump’s instructions struck me as an interesting move. By interesting I mean “a move intentionally calculated to maximize risk to one’s fellow citizens”. In the last few weeks it was one of the more brazen and sickening things I’ve seen the Deep State do. Raising blue Hell because Donald Trump ended flights from places most affected by the pandemic was likewise a fairly interesting move—again using the above definition. I was especially amused to read the coverage saying that most of the new infections are community-based transmission, as if this demonstrated that minimizing the infective individuals starting those transmission chains was therefore irrelevant. This school of thought was brought to you by the same sages, one assumes, who would not bother to turn off the water to the leaking pipes if their basement flooded, because after all, the thousands of gallons of water that have already come out of the pipes are the priority.

 

[Pogo]

{searched for any mention of this in Congress Forum, found none}

Pro Publica:

>> 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 $628,000 and $1.72 million of his holdings on Feb. 13 in 33 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.

... According to the NPR report, Burr told attendees of the luncheon held at the Capitol Hill Club: “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 ... It is probably more akin to the 1918 pandemic.”

He warned that companies might have to curtail their employees’ travel, that schools could close and that the military might be mobilized to compensate for overwhelmed hospitals.

Burr’s public comments had been considerably less dire. In a Feb. 7 op-ed that he co-authored with another senator, he assured the public that “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus.” He wrote, “No matter the outbreak or threat, Congress and the federal government have been vigilant in identifying gaps in its readiness efforts and improving its response capabilities.” <<​

How conveeeeeenient.

This klown should resign at the minimum. I don't need corruption representing my state.

The information was given during a private security meeting that feinstein had been a part of.

That doesn't change the fact that he used that information for a huge stock sell off. That's a felony.

and so did Finestien lock them up
Also point is gator breath ignored Finestien and went after the Republican

Once AGAIN --- the Senator (singular) in my link IS A SENATOR FOR NORTH CAROLINA. That's my state, so it's relevant to me. It's your state too, Dingle.

 

[Pogo]

Incorrect once again, most of the debt is owed to US investors...

Ok, but my point remains. at some time this has to be dealt with and bankruptcy is the only possible solution.

god forbid we should actually cut spending...that would never do

I fully support cutting spending, I asked what you would cut, but you cannot answer, I find that kind of telling.

And given your full trump support you also support increased spending. That is really telling.

No, I do not support spending just for the sake of spending, I do not support deficit financing by our government, I do not support increasing the debt unless absolutely necessary, as it was after obama decimated our military and as it is now to counteract the financial impacts of the virus.

I do continue to believe that Trump is doing a great job as president, much better than either Bush, clinton, or obama, and much better than Carter or LBJ,,. roughly equal to Reagan, but Reagan was smoother.

Can't help noticing that with the exception of Carter, the Republicans get the standard uppercase proper name and the Democrats get lower case. Why is that exactly? Did you not know Carter is a Democrat?

 

[pknopp]

Democratic Senator Dianne Feinstein Sold Off Stocks Before Coronavirus Crash – Faces Up To 20 Years In Prison Under The STOCK Act

Right Journalism ^ | 03.20.2020 | Alex D.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

This morning news broke out that four Republican senators are being accused of dumping their stocks after being briefed on the coronavirus in private meetings.

Richard Burr of North Carolina, Kelly Loeffler of Georgia, James Inhofe of Oklahoma and Ron Johnson from Wisconsin.

The mainstream media was quick to attack the GOP members as corrupt but it seems they are not alone.

Democratic senator Dianne Feinstein of California is also accused of insider trading.

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, Fox News reported.

When questioned by the newspaper, a spokesman for the Democrat from San Francisco said Feinstein wasn’t directly involved in the sale.

“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”

Under the Stock act, if proven guilty of insider trading she faces up to 20 years in prison. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

From Wikipedia:

The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

The bill was introduced by Joe Lieberman, independent United States Senator for Connecticut, on January 26, 2012, and passed in the Senate by a 96–3 vote. Later the House of Representatives passed it by a 417–2 vote. The bill was supported heavily by vulnerable incumbents and signed into law by President Obama. According to the current United States Senate Select Committee on Ethics, “A member, officer, or employee of the Senate shall not receive any compensation, nor shall he permit any compensation to accrue to his beneficial interest from any source, the receipt or accrual of which would occur by virtue of influence improperly exerted from his position as a member, officer, or employee.”

The maximum prison sentence for an insider trading violation is now 20 years. The maximum criminal fine for individuals is now $5,000,000, and the maximum fine for non-natural persons (such as an entity whose securities are publicly traded) is now $25,000,000.

This is nothing new when it comes to high ranking Democrats.

A few years back a huge scandal burst out but the Dems made a cover-up of everything as always.

Steve Kroft reported that members of Congress can legally trade stock based on non-public information from Capitol Hill and the main star of the show was Nancy Pelosi.

Pelosi and her husband participated in an initial public offering of Visa in 2008, according to CBS. They bought 5,000 shares at the initial price of $44; two days later, shares were trading at $64, CBS said.

The network reported the investment came at the same time a piece of legislation that was opposed by credit-card companies was making its way through the House.

“Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi,” Pelosi spokesman, Drew Hammill, said in a statement few days after the report came out.

CBS said it used as a starting point for its story the research of Peter Schweizer, a fellow at the Hoover Institution, a conservative think tank at Stanford University.

About a year ago, he began work on a book about “soft corruption” in Washington, CBS reported. The network said it had independently verified the material it used.

Pelosi’s spokesman criticized the CBS story for failing to note that the “legislation in question was reported out of the Judiciary Committee on October 3, 2008 — the day the House was consumed in passing TARP and also the last day the House was in session before the November election.”

You can watch the preview of the show and the full show below! Preview:

Video:

Democrats leadership are the most corrupt politicians in the history of our country and we the people are being abused by them.

Every time our country makes significant success the Dems are here to ruin that.

Also, don’t forget the swamp creatures from the GOP they should all answer for their crimes.

Please share this article wherever you can. It is the only way we can work around their censorship and ensure people receive news about issues that Democrats and the mainstream media suppress.

------------

Congress made it legal for themselves to commit inside trading. They made it illegal a few years ago and then went back and inserted the protection provisions basically in the middle of the night

SENATOR FEINSTEIN HAS REPORTED THAT HER INVESTMENTS HAVE BEEN IN A BLIND TRUST.

See the report in the SF Chronicle, here:

Feinstein denies wrongdoing in stock sale before coronavirus outbreak

This is a B.S. excuse and a way politicians continue to try and pull the wool over people's eyes. There is no such thing even. A simple phone call to "sell" is all it takes.

A blind trust would be if someone was controlling her funds and she didn't know who it was and couldn't contact them. Otherwise it's just an excuse for bad behavior.

 

[bigrebnc1775]

{searched for any mention of this in Congress Forum, found none}

Pro Publica:

>> 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 $628,000 and $1.72 million of his holdings on Feb. 13 in 33 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.

... According to the NPR report, Burr told attendees of the luncheon held at the Capitol Hill Club: “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 ... It is probably more akin to the 1918 pandemic.”

He warned that companies might have to curtail their employees’ travel, that schools could close and that the military might be mobilized to compensate for overwhelmed hospitals.

Burr’s public comments had been considerably less dire. In a Feb. 7 op-ed that he co-authored with another senator, he assured the public that “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus.” He wrote, “No matter the outbreak or threat, Congress and the federal government have been vigilant in identifying gaps in its readiness efforts and improving its response capabilities.” <<​

How conveeeeeenient.

This klown should resign at the minimum. I don't need corruption representing my state.

The information was given during a private security meeting that feinstein had been a part of.

That doesn't change the fact that he used that information for a huge stock sell off. That's a felony.

and so did Finestien lock them up
Also point is gator breath ignored Finestien and went after the Republican

Once AGAIN --- the Senator (singular) in my link IS A SENATOR FOR NORTH CAROLINA. That's my state, so it's relevant to me. It's your state too, Dingle.

AND that's how fake news does it ignore what the democrats do until they can't defend them

 

[Pogo]

{searched for any mention of this in Congress Forum, found none}

Pro Publica:

>> 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 $628,000 and $1.72 million of his holdings on Feb. 13 in 33 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.

... According to the NPR report, Burr told attendees of the luncheon held at the Capitol Hill Club: “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 ... It is probably more akin to the 1918 pandemic.”

He warned that companies might have to curtail their employees’ travel, that schools could close and that the military might be mobilized to compensate for overwhelmed hospitals.

Burr’s public comments had been considerably less dire. In a Feb. 7 op-ed that he co-authored with another senator, he assured the public that “the United States today is better prepared than ever before to face emerging public health threats, like the coronavirus.” He wrote, “No matter the outbreak or threat, Congress and the federal government have been vigilant in identifying gaps in its readiness efforts and improving its response capabilities.” <<​

How conveeeeeenient.

This klown should resign at the minimum. I don't need corruption representing my state.

The information was given during a private security meeting that feinstein had been a part of.

That doesn't change the fact that he used that information for a huge stock sell off. That's a felony.

and so did Finestien lock them up
Also point is gator breath ignored Finestien and went after the Republican

Once AGAIN --- the Senator (singular) in my link IS A SENATOR FOR NORTH CAROLINA. That's my state, so it's relevant to me. It's your state too, Dingle.

AND that's how fake news does it ignore what the democrats do until they can't defend them

That ain't even an English sentence, but obviously you're desperate to change the subject.

Why is that? Just dishonest?

 

[tyroneweaver]

4 senators are now under fire for selling major stock holdings as coronavirus spread across the US | Markets Insider

Dianne Feinstein, 3 Senate colleagues sold off stocks before coronavirus crash: reports

Well there's a couple of ways to look at this.
1. They should all go down regardless
2. The gop should be thankful that Feinstein is one of them so they don't get outed.
Despite the fact that Feinstein is voting for impeachment with her right hand and pushing the sell button with her left
3 . The possibility of Feinstein getting off and the other 3 get canned. Thus reinforcing the idea that dems get favored treatment in the court system

 

[candycorn]

Senator Dumped Up to $1.6 Million of Stock After Reassuring Public About Coronavirus Preparedness

Intelligence Chair Richard Burr’s selloff came around the time he was receiving daily briefings on the health threat.

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.

More: Senator Dumped Up to $1.6 Million of Stock After Reassuring Public About Coronavirus Preparedness

Shame on Senator Burr. I thought he was better than that. I could better understand his selloff if he had been honest with the public about what he knew from his daily classified briefings. What do you think?

Pretty shameful

 

[Oddball]

Nothing will happen....You heard it here first.

 

[Rambunctious]

These four were sloppy....the rest did the same thing but covered their tracks better and didn't get greedy...they all do this....but these four did it all at once....they tried to save it all causing the attention that we see now....I know Feinstein and her husband are two of the most corrupt people in the country....she is cocky because she is a democrat and thinks the media will protect her...and she is right...watch them protect her and ruin the three GOP senators...

 

[Rambunctious]

Nothing will happen....You heard it here first.

The three republicans are toast...Di Fi will be protected by the MSM....

 

[tyroneweaver]

 

[skye]

I posted this on the other thread of this...it's six of them now

Shame on them!