Wakeforest22890
Snowpom
Pretty clear cut case for prosecutors that insider trading occurred.
I'm not a lawyer, so I have no idea if what he did is illegal, but what seems at the very least unethical to me is that he dumped his stocks while reassuring constituents all was well.
If he was duplicitous then certainly he should suffer the consequences. I had not heard that. I just know that during that time frame I knew enough to make arrangements for lost work I knew was coming and to start planning to work from home. If I had money in the stock market I would have moved some around as well.
I have a healthy skepticism of the media and wondered if they were sensationalizing a bit but also am pretty cautious when it comes to this stuff. I haven’t seen videos of Burr calming constituents down or advising them on their portfolios during this time but like I said maybe there’s more out there. So far this seems like media bs.
If he was duplicitous then certainly he should suffer the consequences. I had not heard that. I just know that during that time frame I knew enough to make arrangements for lost work I knew was coming and to start planning to work from home. If I had money in the stock market I would have moved some around as well.
I have a healthy skepticism of the media and wondered if they were sensationalizing a bit but also am pretty cautious when it comes to this stuff. I haven’t seen videos of Burr calming constituents down or advising them on their portfolios during this time but like I said maybe there’s more out there. So far this seems like media bs.
The honorable thing would be for all 3 to disgorge their profits and contribute it to coronavirus relief.
Kelli is richer than hell. She previously was married to the founder of Mindspring and now is married to the owner of the NYSE. She marries well. However, this situation will have some interesting implications in Georgia. She was appointed by the Georgia governor over the objections of Trump. The other guy hasn't given up and will likely be all over this.
Burr came out hard against...NPR. Called it a tabloid hit piece. If there's a media outfit slower to editorial publication than NPR (maybe PBS?) I don't know it. Seems like I've found the sympathetic audience for that message.
Some NPR hosts are good at editorializing in the context of interviews. Not saying it is wrong, just there to my ear.
Ah ok then how about we bump this
Just to add a little balance here, Burr himself called for an Ethics investigation. Would it be possible for us to wait on facts until condemning?
Just to add a little balance here, Burr himself called for an Ethics investigation. Would it be possible for us to wait on facts until condemning?
You cannot Chinese wall yourself. There is a legal presumption against him regarding possessing non-public material information in the event that the information received at a confidential all-senators hearing included such information. And at the least he possessed more information, after that January meeting, than the ordinary investor. To say that he relied solely on business news and information from investment experts belies any claims that that he did not have additional information at the time. Again, you cannot Chinese walk yourself or unring that bell. Maybe he only dove into what experts were saying because he knew what was coming down the pipe virus wise.
What additional information do we need to wait for beyond what Burr has already provided? He gonna sign an affidavit about his own mental state when he made these transactions? Even if he does, how credible is that evidence? We know that he had more knowledge than the average investor and he admits as much by drawing a line as to what outstanding information he used and considered when making his own financial decisions.