Loeffler's husband dramatically reversed his stock selling spree to spend $1 million on shares that

[Demovictory9]

https://www.dailymail.co.uk/news/article-9033011/Loefflers-husband-bought-stocks-benefitted-COVID-relief-days-bill-public.html

Georgia Senator Kelly Loeffler's husband dramatically reversed his stock selling spree to spend $1 million on shares that soared due to COVID relief bill days before its details were made public
Loeffler and husband Jeffrey Sprecher sold stock before the market crashed
Mid March they reversed course and began buying in insurance and energy
Companies they bought $1 million in shares benefited from COVID relief
They made their purchases before the CARES Act was publicly detailed
In April Loeffler and Sprecher sold their individual stocks, amid criticism
The FBI investigated Loeffler but she has not been charged with any offence
Asked Sunday about rules banning senators from trading, she opposed the idea
Loeffler said banning trading by senators was 'an attack on the American dream'
By HARRIET ALEXANDER FOR DAILYMAIL.COM

PUBLISHED: 21:43 EST, 8 December 2020 | UPDATED: 23:56 EST, 8 December 2020


Georgia Senator Kelly Loeffler's husband bought over $1 million in stocks which were likely to soar as a result of the pandemic relief bill, days before the details of that bill was made public, it has emerged.

Jeffrey Sprecher, chair of the company that owns the New York Stock Exchange, had been selling stocks since coronavirus began ravaging the United States - and his wife was accused of corruption as a result of his trades.

Loeffler and several other senators - two Republicans, one Democrat - were investigated by the FBI after they sold stock following Congressional briefings, but before the public and the stock market understood the coronavirus threat - allowing them to escape massive losses when the market nosedived in mid-March.

Sprecher's selling spree continued until the middle of March, when he dramatically changed course, The Huffington Post found, and began buying.

[kurtcagle]

1. Greed, pure and simple

Not all Republicans are like this, but too many are: they go into political races not to make a difference, but to make a buck, through connections, dubious campaign donations, insider trading, or kickbacks. What's more, they see absolutely nothing wrong with this practice, and consider those politicians who don't do this fools.

[Captain Zero]

3. Jarvanka, Junior and Gumby.

[Hermit-The-Prog]

2. Wonder where he might have gotten some inside information?

https://secure.actblue.com/donate/dufor2020runoff

[Best_man23]

4. Need a hard-hitting SEC Commissioner

To go after these clowns for insider trading.

[Wednesdays]

5. K&R. nt

[Guy Whitey Corngood]

6. Yeah, but she wears a trucker hat and jeans..... so there! nt

[gratuitous]

7. What's their net worth?

And how much would this $1 million stock buy net them? A few hundred thousand? Two million? What can they buy with that much more money that they can't buy today? Too much is never enough for these greedy fuckers. But some single mother with three kids gets $7 too much in SNAP benefits one month, and the country will disintegrate.

[BobTheSubgenius]

8. Martha Stewart went to prison for far less.

How is this REMOTELY acceptable? Remember, their behaviour is supposed to shun even the appearance of impropriety, let alone actual criminal acts, or even questionable ones.

[scipan]

9. Where is the Senate Ethics Committee?

Feinstein should be sanctioned too.