More Georgia Insider Trading on Pandemic?
Not just @SenatorLoeffler
Also @sendavidperdue:
Compared with 2 prior years, his March trading was a 3x increase:
Buy: Dupont (med equipment), Netflix
Sold: casinos
This headline on "uptick" is misleading...
1/
ajc.com/news/state--re…
Not just @SenatorLoeffler
Also @sendavidperdue:
Compared with 2 prior years, his March trading was a 3x increase:
Buy: Dupont (med equipment), Netflix
Sold: casinos
This headline on "uptick" is misleading...
1/
ajc.com/news/state--re…
"The report lists 112 transactions:
76 stock buys up to $1.8M
34 sales up to $825K
"Bought $65K of Dupont (medical) Jan 24, the same day that the Senate held members-only briefing on coronavirus."
...the same day Trump said "It will all work out well.”
washingtonpost.com/opinions/2020/…
76 stock buys up to $1.8M
34 sales up to $825K
"Bought $65K of Dupont (medical) Jan 24, the same day that the Senate held members-only briefing on coronavirus."
...the same day Trump said "It will all work out well.”
washingtonpost.com/opinions/2020/…
3/ "Perdue reported 10 different DuPont (med protective equipment) purchases through March 2, representing an investment of up to $185K"
"Perdue logged 82 transactions (of 112 total in March) dated March 3"
What happened on March 3?
*What did Perdue know? How did he know it?*
"Perdue logged 82 transactions (of 112 total in March) dated March 3"
What happened on March 3?
*What did Perdue know? How did he know it?*
4/
"Perdue, multi-millionaire former CEO, has avoided widespread criticism because he has done much more investing than selling. However, some of those trades have been questioned."
Yes, heavy buying on medical protective equipment after closed-door meetings is questionable.
"Perdue, multi-millionaire former CEO, has avoided widespread criticism because he has done much more investing than selling. However, some of those trades have been questioned."
Yes, heavy buying on medical protective equipment after closed-door meetings is questionable.
5/ Also questionable?
His spokesperson:
"Since coming to Senate in 2015, Perdue has always had an outside adviser managing his personal finances & he is not involved in day-to-day decisions. For the past five years, the senator has fully complied with federal law."
Day to day?
His spokesperson:
"Since coming to Senate in 2015, Perdue has always had an outside adviser managing his personal finances & he is not involved in day-to-day decisions. For the past five years, the senator has fully complied with federal law."
Day to day?
6/ "Perdue’s spokeswoman said everything on his report reflects business as usual with his financial advisers making every call."
OK, not "day to day." Adviser makes every "call."
Seems consistent with Perdue making 1 call on March 3, saying "Buy big on medical equipment, fast."
OK, not "day to day." Adviser makes every "call."
Seems consistent with Perdue making 1 call on March 3, saying "Buy big on medical equipment, fast."
7/ And what was Perdue saying then?
March 5, Around Trump visit to CDC in Atlanta:
Trump is "doing a fantastic job. I give Vice President Pence credit too. He has stepped up on this testing issue, and we now have the capability to do over 1.5 million tests right now.”
Sure.
March 5, Around Trump visit to CDC in Atlanta:
Trump is "doing a fantastic job. I give Vice President Pence credit too. He has stepped up on this testing issue, and we now have the capability to do over 1.5 million tests right now.”
Sure.
