Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSen. Perdue Helped Defense Contractor--and Sold Off Its Stock
Link to tweet
Link to tweet
Tweet text:
Noah Shachtman
@NoahShachtman
EXCLUSIVE: Right before he was put in charge of a Senate subcommittee with jurisdiction over the Navy, Sen. David Perdue began buying up stock in a company that made submarine parts.
Sen. Perdue Helped Defense Contractorand Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com
6:33 PM · Nov 18, 2020
And once Perdue began work on a bill that ultimately directed additional Navy funding for one of the firms specialized products, he sold off the stock, earning him tens of thousands of dollars in profits. @sambrodey reports...
Sen. Perdue Helped Defense Contractorand Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com
As a reminder, this isn't the first time Perdue has engaged in conspicuously timed trading. In 2017, he purchased stakes in an Atlanta-based prepaid debit card provider weeks after he pushed to overturn federal regulations affecting the sector.
Sen. Perdue Helped Defense Contractorand Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com
Noah Shachtman
@NoahShachtman
EXCLUSIVE: Right before he was put in charge of a Senate subcommittee with jurisdiction over the Navy, Sen. David Perdue began buying up stock in a company that made submarine parts.
Sen. Perdue Helped Defense Contractorand Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com
6:33 PM · Nov 18, 2020
And once Perdue began work on a bill that ultimately directed additional Navy funding for one of the firms specialized products, he sold off the stock, earning him tens of thousands of dollars in profits. @sambrodey reports...
Sen. Perdue Helped Defense Contractorand Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com
As a reminder, this isn't the first time Perdue has engaged in conspicuously timed trading. In 2017, he purchased stakes in an Atlanta-based prepaid debit card provider weeks after he pushed to overturn federal regulations affecting the sector.
Sen. Perdue Helped Defense Contractorand Sold Off Its Stock
Sen. David Perdue had never invested in the Navy supplier BWX Technologies until right before he assumed control of the Senate Armed Services Subcommittee on Seapower.
thedailybeast.com
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
5 replies, 790 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (10)
ReplyReply to this post
5 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Sen. Perdue Helped Defense Contractor--and Sold Off Its Stock (Original Post)
Nevilledog
Nov 2020
OP
these rich MFs cant just play by the rules. they have to grift and grab for every penny.
bullimiami
Nov 2020
#1
bullimiami
(13,076 posts)1. these rich MFs cant just play by the rules. they have to grift and grab for every penny.
Blue Owl
(50,259 posts)2. Time for an incriminating campaign ad
bamagal62
(3,244 posts)3. Of course he did.
Why we keep electing these criminals is beyond me.
Hermit-The-Prog
(33,254 posts)5. DU actblue link for runoff and Fair Fight ...