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applegrove

(118,816 posts)
Sun Mar 29, 2020, 11:43 PM Mar 2020

Probe Begins Into Stock Trades by Lawmakers

Probe Begins Into Stock Trades by Lawmakers

March 29, 2020 at 10:27 pm EDT By Taegan Goddard 59 Comments

https://politicalwire.com/2020/03/29/probe-begins-into-lawmaker-stock-trades/

"SNIP.....

“The Justice Department has started to probe a series of stock transactions made by lawmakers ahead of the sharp market downturn stemming from the spread of coronavirus,” CNN reports.

“The inquiry, which is still in its early stages and being done in coordination with the Securities and Exchange Commission, has so far included outreach from the FBI to at least one lawmaker, Sen. Richard Burr, seeking information about the trades.”

.......SNIP"

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dhol82

(9,353 posts)
1. Let's see how far this goes.
Sun Mar 29, 2020, 11:48 PM
Mar 2020

Sadly, most congressional insider trading has died before birth.
Wouldn’t be surprised if this one goes down the same path.

Algernon Moncrieff

(5,790 posts)
8. I think Barr may charge all four. It gives the appearance of draining the swamp while changing very
Mon Mar 30, 2020, 01:51 AM
Mar 2020

Ironically, Burr is arguably the most egregious, but the one he'd want to charge the least because it would represent a potential flip.

Inhofe, Feinstein, and Loeffler would be non-events in terms of the balance of power. CA would surely nominate a Dem, while GA and OK will surely nominate Republicans.

Algernon Moncrieff

(5,790 posts)
12. I get mixed signals from the articles I read
Mon Mar 30, 2020, 12:11 PM
Mar 2020

Mostly I read about Burr, then Loeffler. Inhofe and Feinstein seem to be in a second tier. Then I read vague "several lawmakers from both parties" quotes. So if Johnson is also charge-worthy, than sure - why not?

A Grand Jury might be the best course of action all around.

applegrove

(118,816 posts)
5. With great emotive reaction Tucker Carlson wants Burr gone. They need
Sun Mar 29, 2020, 11:56 PM
Mar 2020

a showtrial to prove they are not corrupt when the GOP and anything they legislate absolutely are. Called a truthline they are running. Conservative Premier Doug Ford in Ontario holds a press conference every day to protest and embarass price gougers. He makes the news every night doing that. The word is out in conservative circles: the people know they are corrupt. Time for mitigation lest that knowledge becomes a wave.

SWBTATTReg

(22,174 posts)
7. These people know that they are walking on eggshells. They really screwed royally here w/ ...
Mon Mar 30, 2020, 12:54 AM
Mar 2020

these sales. It doesn't make them look good in anyone's eyes, especially when the vast majority of us lost $ when the markets plunged. It pisses me off to no end.

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