SIGforum
Senators Burr, Feinstein and Loeffler (and probably more) - dumped hotel stocks after private Coronavirus briefing

This topic can be found at:
https://sigforum.com/eve/forums/a/tpc/f/320601935/m/4690087764

March 20, 2020, 02:24 PM
sigalert
Senators Burr, Feinstein and Loeffler (and probably more) - dumped hotel stocks after private Coronavirus briefing
Feinstein also dumped Citibank just before the drop in 2008.





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March 20, 2020, 03:31 PM
Scoutmaster
quote:
Originally posted by sigalert:
Feinstein also dumped Citibank just before the drop in 2008.


Just another coincidence for her. Wink

I would like to see some info on Pelosi's backroom matters.




"Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it"
- Judge Learned Hand, May 1944
March 20, 2020, 04:22 PM
kramden
Now you know how these people all become millionaires. They are mostly all long term scumbags.
March 20, 2020, 04:27 PM
heathtx
quote:
Originally posted by kramden:
Now you know how these people all become millionaires. They are mostly all long term scumbags.


And why they fight so hard in campaigns to keep those jobs!
March 20, 2020, 04:37 PM
braillediver
Check their friends and family for timely financial moves.........


____________________________________________________

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March 20, 2020, 06:10 PM
LS1 GTO
quote:
Originally posted by braillediver:
Check their friends and family for timely financial moves.........


This would be the biggest tell.

Reality is, a lot of very smart investors began selling about that time period. Some earlier, some later. The investors the subject people of this thread have is also a tell regarding whom else they sold for.






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The definition of the words we used, carry a meaning of their own...



March 20, 2020, 06:25 PM
slosig
quote:
Originally posted by joel9507:
Anything is possible, but let's hear what they say before sending for feathers, and boiling the tar, maybe?


Nah, that is far too logical. Besides, if they aren’t guilty of this, they must be guilty of something. Boil that tar! Wink
March 20, 2020, 08:17 PM
holdem
quote:
Originally posted by Rick Lee:

Also, I'm not sure dumping stock to prevent losses qualifies as a "gain."


Isn't that exactly what Martha Stewart went to jail for?
March 20, 2020, 08:38 PM
Scoutmaster
quote:
Originally posted by holdem:
quote:
Originally posted by Rick Lee:

Also, I'm not sure dumping stock to prevent losses qualifies as a "gain."


Isn't that exactly what Martha Stewart went to jail for?


My understanding is that Stewart was provably guilty of insider trading, but she negotiated a guilty plea for lying to investigators (although she was not under oath at the time, and was not read her rights). Either way she was going to jail, this way was more efficient for both sides.




"Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it"
- Judge Learned Hand, May 1944
March 20, 2020, 08:42 PM
Scoutmaster
quote:
Originally posted by slosig:
quote:
Originally posted by joel9507:
Anything is possible, but let's hear what they say before sending for feathers, and boiling the tar, maybe?


Nah, that is far too logical. Besides, if they aren’t guilty of this, they must be guilty of something. Boil that tar! Wink


Yes, let them respond to the allegations against them. And then assume they will always tell the truth?

Hillary claimed a couple of weeks ago she is the most accused innocent person ever. I believe her. Wink (Actually, I know a number of people in CA who really do believe Hillary has never broken any rules or laws involving politics).




"Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it"
- Judge Learned Hand, May 1944
March 20, 2020, 10:01 PM
Fed161
So I just saw Cuomo cover this story on CNN. There was NO MENTION of Diane Feinstein. And they wonder why people think CNN is biased.
March 20, 2020, 11:05 PM
kimber1911
quote:
Originally posted by Fed161:
So I just saw Cuomo cover this story on CNN. There was NO MENTION of Diane Feinstein. And they wonder why people think CNN is biased.

Hannity said Diane Feinstein and 3 Republicans without naming the Republicans.

Not defending CNN, but Hannity and most other FOX hosts are boring me with their continuous hmmmm...
Charles Payne and Shannon Bream are about the only news host I can listen to for more than 5 minutes at a time.



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March 21, 2020, 05:52 AM
HK Ag
Thread title needs to add Feinstein’s name.


HK Ag
March 21, 2020, 06:31 AM
fpuhan
Don't you know? These people are Leets and as such are untouchable.




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March 21, 2020, 08:24 AM
TigerDore
I don't like Feinstein at all. I believe she is incompetent at best, or more likely a sell-out to foreign interests (Remember the Chinese "driver/go-fer"?) and I don't know much about the other three, but I think we should put down the pitchforks just for the moment.

If I read the article correctly, only a portion of what is a broadly-invested portfolio was sold. If anyone with a high net worth, and Loeffler was one of those people before she ran for office, doesn't hire highly adept investment advisors to watch trends all day, every day, then they are not very smart people.

There may be illegal activity with any or all four of these people, but they are innocent until proven guilty, even if we don't like them.

If these Senators do have investments in blind trusts managed by 3rd parties, as Loeffler states, then I would expect that someone would have to produce communications like texts, emails, phone records, etc to prove that something they did was wrong.



.
March 21, 2020, 08:32 AM
TigerDore
quote:
Originally posted by kimber1911:

Not defending CNN, but Hannity and most other FOX hosts are boring me with their continuous hmmmm...

In fairness, he did say "3 Republicans". And Feinstein is one of the 2-3 most powerful Democrats in the Senate. And possibly the most infamous.

But I also agree with you on Bream and Payne. And I would add Bret Baier and Bill Hemmer to that list.



.
March 21, 2020, 10:05 AM
gpbst3
There is a nice mix of insider trading and having so much money you pay someone to manage it for you.

If you pay a broker a percentage of your money they will do everything in your best interest which is also in their best interest.


March 21, 2020, 11:12 AM
Scoutmaster
quote:
Originally posted by TigerDore:....There may be illegal activity with any or all four of these people, but they are innocent until proven guilty, even if we don't like them....


I agree. But the old adage, justice is a "process", not always an "end result". Seems increasingly politicians can be grossly guilty of illegalities, but somehow the system gives the a pass.




"Liberty lies in the hearts of men and women. When it dies there, no constitution, no law, no court can save it....While it lies there, it needs no constitution, no law, no court to save it"
- Judge Learned Hand, May 1944
March 21, 2020, 12:24 PM
slosig
quote:
Originally posted by Scoutmaster:
Yes, let them respond to the allegations against them. And then assume they will always tell the truth?


Did you mean to say, “Let them respond to the allegations against them, then hang them”?

Sadly, the truth is that if they have any significant amount of money, they ought to be using someone smart enough to move to a defensive position early, as TigerDore pointed out. While it might feel good in the short term to string them up, that old “Innocent until proven guilty” apporoach really does have its benefits...

quote:
Hillary claimed a couple of weeks ago she is the most accused innocent person ever. I believe her. Wink (Actually, I know a number of people in CA who really do believe Hillary has never broken any rules or laws involving politics).

I wonder if they truly believe that, or just think that because the end justifies the means, no Dim can do wrong?

I cannot wait until that woman is no longer mentioned.
March 21, 2020, 12:29 PM
konata88
Insider trading happens. People are corrupt.

What gets me on top of it is that it seems that their first priority upon hearing privileged info was to protect their riches rather than the populace they have a duty to protect.




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