While America Loses its Shirt, Senators Sell Stock after Closed-Door Coronavirus Meeting; ahead of Public Disclosure

stock chart going down I smell a rat, and it's all over The Hill. Politicians sold millions in stock after they learned about the Chinese Wuhan Coronavirus at a closed-door meeting.

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I smell a rat, and it’s all over The Hill. Politicians sold millions in stock after they learned about the Chinese Wuhan Coronavirus at a closed-door meeting.

The following Senators sold millions in stock before the Coronavirus information was made public:

  • Senator Richard Burr
  • Senator Kelly Loeffler
  • Senator Dianne Feinstein
  • Senator Ron Johnson
  • Senator Jim Inhofe

huh, that’s weird. Why would someone sell a bunch of stock like that at random and buy up a bunch of stock in some weird telecommuting company?….

Nancy Pelosi was drilled by 60 minutes over this very topic a while back by 60 minutes.

Oddly enough, it wasn’t until 2012 that this sort of thing was made illegal…

112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. … The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees.

Curious? Use the government link to look up a rep of your choosing:

http://clerk.house.gov/public_disc/financial-search.aspx

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