Georgia senator bought stock in personal protective equipment maker amid coronavirus crisis: report

[left-of-center2012]

Source: The Hill

Sen. David Perdue (R-Ga.) purchased stock in a company that produces personal protective equipment as the coronavirus crisis heated up.

Perdue reported 10 different stock purchases in the company DuPont de Nemours between Jan. 24 and March 2. The investments amounted to $185,000, according to the newspaper. Jan. 24 was the date of a Senate members-only coronavirus briefing (but a spokesperson said Perdue did not attend).

The senator’s financial portfolio activity jumped almost threefold last month when compared to monthly reports between January 2018 through February 2020, which recorded an average of 38 transactions.

His financial disclosure form showed 112 transactions, including 76 purchases amounting to $1.8 million and 34 sales amounting to $825,000.

Read more: https://thehill.com/homenews/senate/491515-georgia-senator-bought-stock-in-personal-protective-equipment-maker-on-day-of

[SheltieLover]

1. K&R

🤬🤬🤬🤬🤬

[Bernardo de La Paz]

2. Perdue is running for re-election in 2020. Run him out of office. . . . nt

[Ilsa]

13. Three good democrats vying to run against him:

Former Columbus Mayor Teresa Tomlinson

Sarah Riggs Amico, business executive

Former congressional candidate Jon Ossoff

[Hortensis]

18. He's counting on getting away with everything. Blame Trump.

Note that the Republican-supporting MSM ARE heavily covering Trump and ignoring congress's role in the creation of the 2020 Republican pandemic. The corporations that own almost all can afford, even need, to lose Trump, but not the Republican majorities that serve them.

[FBaggins]

3. Seems like a stretch

First... PPE isn't that large a portion of what the company produces.

But at least as importantly - it's hard to accuse him of profiting from inside knowledge when the stock is down substantially for every one of the ten purchases mentioned.

[CurtEastPoint]

4. He was a vulture vampire greedyfuckstick before the Senate and still is.

Fuck the details. Vote him out

[Glorfindel]

5. This! Thank you, CurtEastPoint.

Georgia has produced some of the worst politicians in the country. Alas, several of them are friends of my family, so I can't say much out loud, but I can certainly criticize them on DU!

[CurtEastPoint]

7. Some of THE WORST... and a couple of the best. John Lewis and Pres Carter come to mind.

[Glorfindel]

9. I couldn't agree more!

[CottonBear]

19. Senator Max Cleland. N/T

[CurtEastPoint]

20. I am embarrassed to admit I forgot Max. Another fine man!

[calimary]

6. Sure does look like it, 'eh?

Just another VULTURE looking to profit off rough times and the sickness and death and economic disaster of fellow Americans. VOTE HIM OUT!!!

[Scalded Nun]

11. Like so much else with the GOP, this goes right to intent.

The fact that he may have lost money is not relevant. He tried to profit off of the misery and misfortune of others.

Now, that is classic GOP.

[FBaggins]

12. Still seems like quite a stretch

The report indicates that he's been trading stock in this company for years... but this time we should infer an intent to profit from the virus - specifically by ignoring the fact that the markets were likely to tumble (other senators have received criticism for selling stocks just prior) and instead investing in a company that has a fraction of it's income coming from almost entirely non medical PPE? (very little of which can even be repurposed to use for the virus)?

[dalton99a]

8. Kick

[DENVERPOPS]

10. Every single Republican Politician

Every single Republican Politician, instead of working night and day to help the nation, was in fact working night and day to profiteer off the Virus for their personal gain.......

It's time to roll out the guillotine, or send them all to the Hague for International prosecution for crimes against humanity.

It's here folks: Corporate Fascist Tyranny.......United Corporations of America........

[captain jack]

14. I bet he goes to church every Sunday. n/t

[gademocrat7]

15. Purdue is despicable.

We must vote him and Loeffler out. They are corrupt grifters.

[notdarkyet]

16. Send the SWAT team. Confiscate goods, just like any drug deal. time to lock them up.

Crooks and criminals.

[Hortensis]

17. Repubs were still blocking and denying during that period.

If I weren't a good liberal, I'd say don't pass go, straight to prison.