Discussion: Schumer Suggests Trump's HHS Pick May Have Broken Law With Stock Buy

That certainly smells like insider trading to me.

Pardon my naivete, but this is legal?
“After Price introduced the bill, Zimmer Biomet’s PAC donated to his re-election campaign.”

That is a lot of quid for your quo (or is it the other way around, I never took Latin).

1 Like

Wasn’t her hearing today? It wasn’t covered by the networks, but I think I saw a chyron announcing that. Are these concerns too late? - I hope not as DeVos is one of the worst picks for those of us who still believe in the value of public education.

1 Like

To revive language from the Report of the Knapp Commission (the popular nickname for the Commission to Investigate Alleged Corruption in the New York City Police Department appointed by Mayor Lindsay after Frank Serpico was shot in the face), Chucky is a mere “grass eater.” Price is clearly a voracious and unabashed “meat eater,” quite possibly the top Dixiecrat GOP food chain meat eater.

Very, VERY dumb. Any more questions? :wink:

This reminds me of that scene in the movie “Wall Street” when Gordon Gekko is sitting down with Bud Fox and Gekko’s attorney and they are setting it up so that every stock Bud buys on Gekko’s behalf is unknown to Gekko thus leaving Bud holding the bag if the Feds swoop in.

If Price had such an arrangement then it will be tough to prove - even though to a reasonable person it would be a million to one shot that his stockbroker would start buying stocks in a company that stood imminently from legislation that was going to be passed.

If Price is found out to have given any direction to his broker then he will go to jail.

opensecrets.org lists his net worth as $10,791,080 to $16,489,063. By my standards, that’s extremely wealthy.

Even if he’s wealthy enough to have set up a blind trust, it still doesn’t pass the smell test.

As I said before, Dr. Price was chosen because Dr. Mengele was unavailable.