Burr Dumped Up To $1.6 Million Of Stock After Reassuring Public About Coronavirus Preparedness | Talking Points Memo

Soon after he offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee, Richard Burr, sold off a significant percentage of his stocks, unloading between $582,029 and $1.56 million of his holdings on Feb. 13 in 29 separate transactions.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1298572

Well that’s just peachy.

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He’s the scum that grows on scum.

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This is my shocked face…:persevere:

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Is this illegal or just entirely unethical?

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Well what good is a crisis if you can’t save your ass

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Yes

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This is bad. Really, really bad. Burr was one of the few that I actually had respect for. Looked like he was trying to run a real Russia investigation. But with no re-election (he is retiring) his going along with MAGA was showing his true colors, and now it is clear he is a crook, just like the rest of them.

Trading on inside information is a serious crime, and he should be criminally charged if true.

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Well, I can tell you as someone that works in financial services that trading on material non public information is a big time no-no that the SEC has been enforcing aggressively for quite some time. Whether or not that pertains to Congress? Dunno. Seems to me that it certainly should. I can’t really see why it wouldn’t.

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Not only that. This is not just 1% mischief.

People are dying as a result of the actions of Richard Burr.

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Come now, it’s a no-no for Democrats, not Republicans.

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Lock Burr up and confiscate his illegally obtained monies.

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NoT illeGal. SmaRt businEssman. JusT like trump.

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You tell 'em, Eustace!

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You can be assured that the Trumps and Kushners did as much. Mnuchin and Pompeo for sure.

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The media can stop pretending Burr is a good actor. He is no different than the rest of the Rethugs. Let his excuses and whining begin.

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If that’s not insider trading, nothing is.

Here comes the SEC…

Or not…

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Congress has some exemptions. That (and marriage) is how Putin’s Mitch got his fortune.

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And the chances of charges being brought from Barr’s DOJ are infinitesimally small

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You must be jesting…

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