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In reply to the discussion: We are up to 5 greedy, corrupt politicians who dumped stock when they knew it would fall. [View all]Qutzupalotl
(14,230 posts)16. If it's insider trading, yes.
Trading on non-public information.
Best way to avoid that is do what they should have done and warn the public, what with them being public officials and all. Then sell. But they would have made less money.
Shows you their priorities.
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We are up to 5 greedy, corrupt politicians who dumped stock when they knew it would fall. [View all]
MelissaB
Mar 2020
OP
Somehow Loeffler is the worst for me, maybe because I get to vote her out!
greymattermom
Mar 2020
#4
Plus she is already worth 500 million. I mean, why would you need to steal more?
Midnight Writer
Mar 2020
#61
Careful. She seems to have sold at a low and sold what might have been advised to hold. . . nt
Bernardo de La Paz
Mar 2020
#53
If I knew My stock stock was going to free fall I would do the same thing. Dump it.
demosincebirth
Mar 2020
#10
At best it's unethical, immoral for a government official to use info others are not
Hoyt
Mar 2020
#12
If you're in a position that you have access to information that others don't have
Mariana
Mar 2020
#24
If you got the information from a confidential source not available to the public
The Velveteen Ocelot
Mar 2020
#33
Except Feinsteins didn't. Her husband sold it a fiveyear low and it went up afterward.
Bernardo de La Paz
Mar 2020
#56
those that dump early in january on the 24 or a few day later are probably suspicious
drray23
Mar 2020
#26
I don't care what party they are, if they got out and left the public to lose
dem4decades
Mar 2020
#27
They can all keep company with former Rep. Chris Collins in jail (hopefully).
alwaysinasnit
Mar 2020
#31
Thanks for your remarkable work calling out all these scumbucket thieves tonight, MelissaB!!
Leghorn21
Mar 2020
#32
Yeah. She sold it at a low point. I don't think the outrage is exactly on point. . . . nt
Bernardo de La Paz
Mar 2020
#52
Are you sure she was trying to "profit" by selling at a low for that stock?
Bernardo de La Paz
Mar 2020
#54
Loeffler's hubby is Chairman of the NY Stock Exchange. Who did they tip & who watched their signal?
Bernardo de La Paz
Mar 2020
#58