COVID for Profit: GOP Senator Faces Jail Over Insider Trading Scandal – Four Other GOP Senators On List

By
Gordon Duff
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6
2114

Burr resigned as head of Senate Intelligence Committee as he faces long prison term for his insider trading deals (with Donald Jr?)

Will Trump’s new GOP Senate be meeting in Danbury?

Daily Beast: Federal law enforcement has seized Republican North Carolina Sen. Richard Burr’s cellphone in a probe of his stock sales, the Los Angeles Times reports. Burr, the head of the Senate Intelligence Committee, has already complied with an associated warrant for his cellphone records as the Justice Department investigates whether his actions constitute insider trading.

The senator, along with his brother-in-law, dumped millions of dollars in stock after a closed-door Senate briefing on the coronavirus in February. Though he told the public the virus would not cause much harm, privately he warned audiences that the effects would be disastrous. The sales shielded him from millions of dollars in potential losses.



https://www.thedailybeast.com/sen-richard-burrs-cellphone-and-records-seized-by-fbi-serving-warrant-in-stock-sale-probe

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6 COMMENTS

  1. Time to end the Federal Reserve and create a real Federal Reserve Bank within the Treasury Department, with money controlled by the Congress, which is explicitly determined by the Constitution. Then ERASE Wall Street from any and all maps of any kind. Then issue very low interest loans to businesses for infrastructure improvement, small and large businesses to start up, and for others to grow. Nationalize all of the corporations producing weapons, and munitions for our military, while prohibiting cost plus contracts. Last but not least, nor really last, take all private money out of electoral politics. Create a federal campaign web site and T.V. station giving all candidates equal time all across the nation, because we need to know what the candidate bastards in California, and every other state are saying, as they all vote on issues which effect all of us. In fact, everyone should be voting for all federal candidates!

  2. …lets not forget about the over 100 CEOs that stepped down and sold their stock options before the market crashed….how sick is it that the biggest casino in the world is called a market?..

  3. Looks like their immunity deal for inside trading only applies to dealing in companies that might benefit or suffer from forthcoming legislation.

    They certainly seem to be able to accumulate large sums of money whilst in Congress. Surprised that they don’t have to pay up front to even get to stand for a seat.

  4. This is the same guy(Burr) that was handing out “fidget spinners” at the Trump impeachment trial to GOP senators who were too disinterested to compel themselves to listen to such a trivial thing (sarc) as testimony explaining the high crimes of a sitting president.

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