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2020-03-22 Home Front: Politix

If Richard Burr Is Not Prosecuted for Insider Trading, Stock Act Is Meaningless

[Breitbart] If Sen. Richard Burr (R-NC) is not prosecuted by the Department of Justice for insider trading, then the Stock Act is "meaningless," warned Peter Schweizer, senior contributor to Breitbart News and author of Profiles in Corruption: Abuse of Power by America’s Progressive Elite.

Schweizer joined Friday’s edition of SiriusXM’s Breitbart News Tonight with host Rebecca Mansour and special guest host John Hayward to discuss Burr’s selling of between $628,000 and $1.72 million in stock ahead of coronavirus-related market declines.
"Richard Burr’s [stock sell-off] is a classic case of insider trading," determined Schweizer. "If Richard Burr was an executive at a corporation and he had received a closed door briefing that said a company’s sales were going to go down dramatically, and he sold pretty much all of his stock, it would be insider trading."

Posted by Besoeker 2020-03-22 07:58|| || Front Page|| [11143 views ] Top

#1 Those Landress are my Illinois pigs, I began raising them in 4H club. My name is Kelly Loeffler and I approve this message.

Posted by Besoeker 2020-03-22 08:07|| 2020-03-22 08:07|| Front Page Top

#2 Nothing will happen but a sternly worded letter of admonition to be good. Censure? You must be jesting. Congress is unable and unwilling to police itself. They have inadvertently given this nation a fiscal death sentence by running up a debt that can never be repaid. Now that is a Sh*t show.

Posted by Alaska Paul 2020-03-22 14:33|| 2020-03-22 14:33|| Front Page Top

#3 besoeker, I thought Kelly was gonna be better than that. You were right awhile ago.

Posted by Chris 2020-03-22 17:49|| 2020-03-22 17:49|| Front Page Top

#4 Why is someone married to the head of a stock exchange involved in politics?
Oh wait...

Posted by Lex 2020-03-22 17:51|| 2020-03-22 17:51|| Front Page Top

Ref #3: I didn't buy the Brian Kemp country boy and F-150 line either, but with Stacey Abrams, we didn't have much choice.

Posted by Besoeker 2020-03-22 17:56|| 2020-03-22 17:56|| Front Page Top

#6 Perception of impropriety regarding market sells? No problem. Direct your portfolio managers to BUY IT BACK!

Put a voluntary 60-90 moratorium on future buying and selling! Publish the dates of the moratorium.

Any takers? Oh fok no !

Posted by Besoeker 2020-03-22 18:29|| 2020-03-22 18:29|| Front Page Top

#7 BBC - Coronavirus: US Senators face calls to resign over ‘insider trading’

Tomorrow morning will be fine.

Posted by Besoeker 2020-03-22 18:37|| 2020-03-22 18:37|| Front Page Top

#8 @besoeker, kemp turning out alot better.

Posted by Chris 2020-03-22 23:09|| 2020-03-22 23:09|| Front Page Top

#9 Isn’t Congress exempt from insider trading laws? I seem to recollect it’s been a traditional way for them to make money.

Also, I think there’s current legislation in progress to correct this. Now’s the time!

Posted by KBK 2020-03-22 23:09|| 2020-03-22 23:09|| Front Page Top

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