I'm as annoyed by politicians' hypocrisy as anybody, but who sold stock?
Four senators? Not 80 or 90 senators, but four senators? (four senators, that we know of)
Even with Loeffler --- combined with husband, isn't their Net Worth somewhere in the ballpark of $500M? So that's a bunch of assets they *didn't* sell prior to Doomsday. Also, with $500M, when are they *not* buying & selling assets.
USA markets didn't even start tanking until Feb 24 --- by then, there was tons of news/information to suggest a big big problem.
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Loeffler and her husband, who is the chairman of the New York Stock Exchange, sold at least $355,000 in stocks from Jan. 24-31, according to Senate records, after the coronavirus briefing hosted by the Senate Health and Foreign Relations committees.
The senator and her husband also sold $890,000 in stocks from Feb. 5-14, just days after the first confirmed coronavirus cases emerged in the U.S. but nearly two weeks before community spread of the disease was confirmed within the country.
The sales, worth at least $1.2 million together, saved Loeffler and her husband from steep losses they would have incurred after the stock market’s crash began Feb. 24.
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In response to this post by CochraneResident)
Posted: 03/26/2020 at 09:28AM