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Democrat Dianne Feinstein, dumped stocks worth millions ahead of the financial markets plunge in the United States in February
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Hello Kiitty
2020-03-21 00:15:22 UTC
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Feinstein, Newscum's aunt, one the longest-tenured Senate Democrats, sold at
least $500,000 in shares of Allogene Therapeutics, a California biotechnology
company, on Jan. 31 and at least $1 million in Allogene stock on Feb. 18,
according to Senate records.
Miloch
2020-03-21 01:07:36 UTC
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Post by Hello Kiitty
Feinstein, Newscum's aunt, one the longest-tenured Senate Democrats, sold at
least $500,000 in shares of Allogene Therapeutics, a California biotechnology
company, on Jan. 31 and at least $1 million in Allogene stock on Feb. 18,
according to Senate records.
A spokesman for Feinstein told The New York Times that she had nothing to do
with the decisions to sell her stocks.

“All of Senator Feinstein’s assets are in a blind trust,” Tom Mentzer said in a
statement. “She has no involvement in her husband’s financial decisions.”


Nothing like ole Republican Sen Burr...

Four senators sold stocks before coronavirus threat crashed market

https://thehill.com/homenews/senate/488593-four-senators-sold-stocks-before-coronavirus-threat-crashed-market

Four senators sold stocks shortly after a January briefing in the Senate on the
novel coronavirus outbreak, unloading shares that plummeted in value a month
later as the stock market crashed in the face of a global pandemic.

According to financial disclosure forms, Sens. Kelly Loeffler (R-Ga.), James
Inhofe (R-Okla.), Dianne Feinstein (D-Calif.) and Richard Burr (R-N.C.) each
sold hundreds of thousands of dollars in stocks within days of the Senate
holding a classified briefing on Jan. 24 with Trump administration officials on
the threat of the coronavirus outbreak.

The sales raise questions about whether the senators violated the STOCK Act, a
law that bans members of Congress from making financial trades based on
nonpublic information.

....Inhofe’s sale came roughly a week after Burr on Feb. 13 sold between
$628,000 and $1.72 million in stock while receiving classified briefings on
coronavirus as chairman of the Senate Intelligence Committee.

“Senator Burr filed a financial disclosure form for personal transactions made
several weeks before the U.S. and financial markets showed signs of volatility
due to the growing coronavirus outbreak,” a spokesperson for Burr told
ProPublica regarding the stock sales.

“As the situation continues to evolve daily, he has been deeply concerned by the
steep and sudden toll this pandemic is taking on our economy.”

Selling stocks before markets show signs of falling typically save an investor
from financial losses.

On Friday, Burr asked the Senate Ethics Committee to investigate his stock
sales, which he said were based on CNBC coverage of the coronavirus in Asia in
mid-February.

Burr has come under further scrutiny after NPR reported this week that the
senator compared the coronavirus outbreak to the 1918 influenza pandemic during
a private Feb. 27 luncheon in Washington, D.C. Burr is scheduled to retire in
early 2023 after his term ends, though he is under increasing pressure to resign
now.

Trump and some Republicans lawmakers have faced intense criticism for playing
down the threat of the novel coronavirus, which has infected more than 14,000
Americans and claimed at least 205 lives as of Friday morning, according to data
compiled by Johns Hopkins University.

At least one Democratic senator also unloaded stock before the scale of the
crisis became clear to the general public.

Feinstein, one the longest-tenured Senate Democrats, sold at least $500,000 in
shares of Allogene Therapeutics, a California biotechnology company, on Jan. 31
and at least $1 million in Allogene stock on Feb. 18, according to Senate
records.

A spokesman for Feinstein told The New York Times that she had nothing to do
with the decisions to sell her stocks.

“All of Senator Feinstein’s assets are in a blind trust,” Tom Mentzer said in a
statement. “She has no involvement in her husband’s financial decisions.”




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Hello Kiitty
2020-03-21 01:31:38 UTC
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Post by Miloch
Post by Hello Kiitty
Feinstein, Newscum's aunt, one the longest-tenured Senate Democrats, sold at
least $500,000 in shares of Allogene Therapeutics, a California biotechnology
company, on Jan. 31 and at least $1 million in Allogene stock on Feb. 18,
according to Senate records.
A spokesman for Feinstein told The New York Times that she had nothing to do
with the decisions to sell her stocks.
“All of Senator Feinstein’s assets are in a blind trust,” Tom Mentzer said in a
statement. “She has no involvement in her husband’s financial decisions.”
"no involvement in her husband’s financial decisions"

Riiiiiiiiiiiight. Like she didn't tell him what she was briefed.

Dopey Milocch believes everything he's told to believe.

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