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GOP Senator Dumped Stock Before Coronavirus Crisis
March 19, 2020 at 5:19 pm EDT By Taegan Goddard Leave a Comment
https://politicalwire.com/2020/03/19/gop-senator-dumped-stock-before-coronavirus-crisis/
"SNIP.....
ProPublica: 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 governments most highly classified information about threats to Americas security. His committee was receiving daily coronavirus briefings around this time, according to a Reuters story.
A week after Burrs 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.
.......SNIP"
Dennis Donovan
(18,770 posts)Scumbag mother fucker.
alwaysinasnit
(5,063 posts)livetohike
(22,138 posts)is handling this is not just incompetent, its criminal.
SWBTATTReg
(22,112 posts)underpants
(182,763 posts)And he's said he isn't running.
exboyfil
(17,862 posts)You so rarely get a window inside of these crooks.
dalton99a
(81,443 posts)uponit7771
(90,335 posts)gratuitous
(82,849 posts)Gee whiz, the guy was just trying to do the right thing. Sure, more Americans are going to die because he didn't dare speak publicly for fear that Needy Amin would tweet mean things about him, but won't someone think of Burr's bankrollers and the financial hit they might have taken if they weren't forewarned?
You libruls! Valuing human life over a rich man's portfolio. Have you no shame?
malaise
(268,913 posts)Come in CREW!
doc03
(35,325 posts)and out of the government.
applegrove
(118,609 posts)malaise
(268,913 posts)fleur-de-lisa
(14,624 posts)Lock him up!