Looks like a possible #5 is a Democrat.

[MelissaB]

Last edited Thu Mar 19, 2020, 11:49 PM - Edit history (1)

Edited to say there may be a reasonable explanation for this one.

File411
@File411
Hey did I mention I DGAF if you’re an R or D or I?
So @SenFeinstein


I HAVE QUESTIONS ...
I warned you that I’m an equal opportunity critic

Link to tweet

Link to tweet

[SMC22307]

1. Burr, the woman from Atlanta... who are 3 and 4? (n/t)

[malaise]

3. Inhofe is one of them

Expose all of them and lock them up

[SMC22307]

5. OK, thanks. I missed Inhofe. (n/t)

[LonePirate]

4. Ron Johnson (other threads) and Jerry Moran (first tweet above).

[SMC22307]

6. I missed Johnson and Inhofe. Thanks.

I'm getting whiplash trying to keep up with news.

[MelissaB]

7. Running list:

Inhofe, Loeffler, Burr, Ron Johnson, Feinstein

[SMC22307]

8. Sickening.

Greedy, corrupt fuckers everywhere.

[madaboutharry]

2. This is unacceptable.

[Bernardo de La Paz]

36. So many have jumped to a conclusion without facts or analysis. Husband sold at a multi-year low.

[rufus dog]

9. I had a post locked for calling out DiFi in Feb

No name calling but I took the hit for questioning DiFi.

Hey Mods, we have people on the right side and on the wrong side. Hey Mods and DU either DiFi or I am on the wrong side! Make a choice.

[alittlelark]

16. She is NOT on our side.

She was my rep for 20 years.

[rufus dog]

22. She is dispicable

Again another chance for a lock for people who can't separate the good from the bad.

[catchnrelease]

35. I have little use for her since 2003

She admitted that if she had listened to her constituents' wishes re the Iraq War, she would have voted against the AUMF, but she said she had more inside information and voted for it. May be a coincidence, but her husband was a big stakeholder in a company that received BIG money in military contracts from the US govt. I've never forgotten that.

I don't know about this deal, I just know that I have never completely trusted her since those days. Plus at her age I think she should retire and let someone younger get in there. I know she has seniority and that's important, but it's time to go.

[coti]

21. She's been an utterly useless waste of space for a long, long time. nt

[Maraya1969]

23. You were obviously way ahead of everyone. I never want out party to support

any representatives if they are crooked just because they are Democrats. That is the Republican's deal.

[sop]

10. The Stop Trading on Congressional Knowledge (STOCK) Act was enacted in 2012 (Thanks Obama)

The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012.

The bill prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.

[Autumn]

11. Is there a penalty for it or just a stern talking to?

[PoliticAverse]

17. There is a "it doesn't matter if no one intends to enforce the law in this case". n/t

[Autumn]

19. Figured that. They should all be forced to resign.

[sop]

18. Civil penalties only, as far as I can tell.

It looks like the fine is "three times" the amount either made by the illegal transaction, or the amount saved by making the transaction.

https://www.law.cornell.edu/uscode/text/15/78u-1

(3) Amount of penalty for controlling person
The amount of the penalty which may be imposed on any person who, at the time of the violation, directly or indirectly controlled the person who committed such violation, shall be determined by the court in light of the facts and circumstances, but shall not exceed the greater of $1,000,000, or three times the amount of the profit gained or loss avoided as a result of such controlled person’s violation. If such controlled person’s violation was a violation by communication, the profit gained or loss avoided as a result of the violation shall, for purposes of this paragraph only, be deemed to be limited to the profit gained or loss avoided by the person or persons to whom the controlled person directed such communication.

[hughee99]

41. The purpose of the STOCK act was to give people the impression that congress was doing something

about the problems related to congressional insider trading... not to actually do anything about it. To the best of my knowledge, it has not been used to prosecute anyone in congress.

[diane in sf]

12. DiFi and her husband made money from the attack on Iraq and from selling off post offices.

She is a Dino in many ways, especially economically.

[alwaysinasnit]

29. +1000

[uponit7771]

13. ALL of them can trade stocks nothing wrong with that its what AND when... DIFI selling what on

.. that day?

thx in advance

[democrattotheend]

14. I was afraid of this

Once I saw tweets about multiple Republicans doing this, I figured it was only a matter of time before it came out that a Democrat did it too. Ugh.

[DonaldsRump]

20. Will give DiFi time for her story, but 4Rs-1D is a good ratio

Talking hardball politics.

[Qutzupalotl]

15. A crime is a crime.

But it’s the not telling the public that I find utterly unconscionable. Maybe not technically illegal, but ought to be. Public officials have a duty to warn.

[stewrat]

24. this was reported by Barrons 17 days ago. He sold at a near low, and the stock is

worth more now then when he sold. Do a search on Barrons, they have repoorted her spouses sells for years. Looks routine to me.

[MelissaB]

25. I hope so.

Thank you.

[stewrat]

26. He owns an investment firm, it's what he does.

[Lulu KC]

27. Not Feinstein according to this

https://www.barrons.com/articles/sen-dianne-feinsteins-husband-sold-a-biotech-stock-near-its-2020-low-51583064907?redirect=amp#click=https://t.co/c5gF03I1er

[kysrsoze]

37. I think you're right. I was pissed until I saw the Xaction date - 1/31/20. People need to read.

[Ilsa]

28. So, is the SEC or DoJ going to do anything about this?

Have they investigated, or is this the work of some good person trying to root out evil?

[democrattotheend]

30. Per Nate Silver - accusations against everyone except Burr and Loeffler may be overblown

"The accusations that are burbling up (based on public financial disclosures) against GOP senators other than Burr and Loeffler are not nearly as compelling as the ones against Burr and Loeffler and I think people should do some reporting out before tweeting them."

[Bernardo de La Paz]

34. Agreed. What does that company do? Surely the advice would be hold testing & pharma companies.

Allogene Therapeutics, Inc. operates as a clinical stage immuno-oncology company pioneering the development and commercialization of genetically engineered allogeneic T cell therapies for the treatment of cancer.

Apparently her husband sold at the five year low.

[emmaverybo]

31. D.F. Sold a biotech stock when it was low. If she was betting on the pandemic, she would have

kept it says Robert Palmer. I personally dunno about that kind of stock. He says her case totally
different from the others.

I like her. So there.

[Sunsky]

33. Thanks for this

As I wrote before I will approach file411 or whatever the Twitter handle with skepticism. Will wait for credible reporting.

[uponit7771]

39. +1, her husbands in the clear

[Mersky]

32. Not all transactions are the same

Feinstein sold one position on two occasions - one sale was after it already lost a lot of value and at its lowest price at that time, but before the second sale when the price was back up. Together, the two sales don’t create a clear picture.

For Moran, buying into stocks in the oil/oil services industry wasn’t a good play in February. The amounts are relatively small compared to other senators’ stock sales.

Requires more scrutiny all the way around. I think it is important to consider whether the given senator who moved stock was downplaying the Coronavirus or overselling tRump’s federal response to it.

[greyl]

40. +1. nt

[uponit7771]

38. ***DIFI'S HUSBAND IS IN THE CLEAR !!!***