Georgia Senator Sold Travel Shares Ahead of Trump Flight Ban

[RandySF]

Senator Kelly Loeffler sold a total of $46,027 worth of stock in an online travel company in the day leading up to President Donald Trump’s announcement of a ban on most European travel to the U.S.

Though the transactions were relatively small for Loeffler and her husband -- whose net worth is estimated at more than $500 million -- the sales represented an about-face.

Loeffler, a Georgia Republican, had just days earlier purchased the shares, in Booking Holdings, jointly with her husband, Jeffrey Sprecher, the chief executive officer of Intercontinental Exchange, parent firm of the New York Stock Exchange

Booking Holdings provides online bookings for flights, hotels and other travel-related services, all of which have collapsed because of the Covid-19 pandemic.

The stock was purchased on March 6, the day that Loeffler traveled with Trump, visiting the Centers for Disease Control and Prevention headquarters in Atlanta for an update on the coronavirus response, and continuing on a later flight to Florida.





https://www.bloomberg.com/news/articles/2020-04-03/georgia-senator-loeffler-did-quick-dump-of-travel-company-stock

[ProfessorGAC]

1. Crook

$100 million fine, and vacate all public office.
That's the deal Kelly. Take it or go to trial and make it worse.

[NewJeffCT]

3. sounds fair to me

Burr needs to go as well.

[genxlib]

2. It seems to me...

That the head of the NYSE should be banned from stock trading as a huge conflict of interest anyways.

[Blues Heron]

4. one of the defining traits of the puke

total lack of ethics

[gratuitous]

5. Net worth of more than half a billion

And Sen. Loeffler is worried about taking a hit on $46,000 worth of stock. Brazen, naked greed. There is no way that people like this will ever have enough, they always want more. What was that word a Trump tweet used earlier this week (and you know he didn't write that one)? Oh yeah, "insatiable."

Let's quit shoveling the Treasury into the pockets of the wealthy, shall we? They will never have enough.

[underpants]

6. That was pretty stupid of her

She could have cast that off a "See I'm not cheating" but no, had to squeeze the money sponge one more time

[Hoyt]

7. Lock up Loeffler. The unfortunate side is that opens door for Doug Collins, unless we GOTV.

[2naSalit]

8. Of course she did. ...nt

[Roland99]

9. "Lock Her Up!"

[Yo_Mama_Been_Loggin]

10. K&R