investor.gov/introduction-i…
Let’s talk a little about insider trading, beginning with the Securities and Exchange Commission’s (SEC) definition. (1)
@RepMaxineWaters
@RepMaloney
@SenSherrodBrown
@RepKatiePorter
@senatemajldr
@SecElaineChao
@courierjournal
@Joe_Gerth
@SEC_Enforcement
Let’s talk a little about insider trading, beginning with the Securities and Exchange Commission’s (SEC) definition. (1)
@RepMaxineWaters
@RepMaloney
@SenSherrodBrown
@RepKatiePorter
@senatemajldr
@SecElaineChao
@courierjournal
@Joe_Gerth
@SEC_Enforcement
money.cnn.com/gallery/invest…
This brief CNN slideshow highlights five notable insider trading cases; SAC Capital, which paid a $1.8 billion fine, is one of them. SAC Capital’s CEO, Steven A. Cohen, wasn’t indicted. Incidentally, he’s now a major contributor to Republican PACs. (2)
This brief CNN slideshow highlights five notable insider trading cases; SAC Capital, which paid a $1.8 billion fine, is one of them. SAC Capital’s CEO, Steven A. Cohen, wasn’t indicted. Incidentally, he’s now a major contributor to Republican PACs. (2)
google.com/amp/s/www.busi…
This Business Insider story notes that some SAC Capital portfolio managers moved on to greener pastures. One who did is infrastructure portfolio manager James O. (“Jos”) Shaver, manager of Electron Capital Partners. (3)
This Business Insider story notes that some SAC Capital portfolio managers moved on to greener pastures. One who did is infrastructure portfolio manager James O. (“Jos”) Shaver, manager of Electron Capital Partners. (3)
extapps2.oge.gov/201/Presiden.n…
Electron’s investors aren’t publicly known, but one investor in Electron’s Cayman Islands-registered fund was Secretary of Transportation, Elaine Chao. Chao reported divesting her “$500,001-$1,000,000 before completing her initial financial disclosure. (4)
Electron’s investors aren’t publicly known, but one investor in Electron’s Cayman Islands-registered fund was Secretary of Transportation, Elaine Chao. Chao reported divesting her “$500,001-$1,000,000 before completing her initial financial disclosure. (4)
Shaver’s team has made some very smart investments. For example: It its February 2017 SEC filing, it listed a $50 million Tesla Motors “put.” In its May filing, the fund had no Tesla holdings. Fifteen days later, Trump announced the U.S. withdrawal from the Paris Agreement. (5)
Trump’s announcement was generally viewed as bad news for green tech investors. Tesla’s Elon Musk severed his ties with Trump advisory boards. (6)
In November 2018, Electron reported $25.5 million in Sempra holdings. On May 15, 2019—one day after Trump visited Sempra—the fund reported its Sempra holdings at $87 million.
Coincidentally, Secretary Chao was tasked with the rollback of LNG safety regulations on April 10. (7)
Coincidentally, Secretary Chao was tasked with the rollback of LNG safety regulations on April 10. (7)
sec.gov/Archives/edgar…
Two weeks ago, Electron reported a $26,841,000 purchase of (USPS contractor) XPO Logistics stock. The purchase was made between May 1 and August 1. (8)
Two weeks ago, Electron reported a $26,841,000 purchase of (USPS contractor) XPO Logistics stock. The purchase was made between May 1 and August 1. (8)
edition.cnn.com/2020/08/12/pol…
Recall that on August 12, CNN reported Postmaster General DeJoy’s $30,000,000 stake in XPO Logistics. (9)
Recall that on August 12, CNN reported Postmaster General DeJoy’s $30,000,000 stake in XPO Logistics. (9)
Electon Capital Partners purchased 347,462 shares of XPO at an average price of $77.25. With XPO closing at $90.29 yesterday, Electron’s current earnings are $4.53 million on a $26.8 million investment—over a three month period. (11)
Why single out Electron? Two individuals are in positions in which they would know about LNG safety regulation(s) rule changes, environmental decisions, and the likely failure of the House USPS bill: Shaver’s brother in law and sister in law, Mitch McConnell and Elaine Chao. (12)
google.com/amp/s/www.poli…
Given reporting that Secretary Chao established a longtime McConnell operative as a liaison between her ofice and her husband’s for Kentucky DOT grant awards... (13)
Given reporting that Secretary Chao established a longtime McConnell operative as a liaison between her ofice and her husband’s for Kentucky DOT grant awards... (13)
...and the unreported fact that Secretary Chao awarded at least $64,000,000 in DOT grants to clients of the “advisor on ports” she appointed to a federal government position shortly after her confirmation... (14)
...i believe an investigation into Secretary Chao’s and Senator McConnell’s communications with Jos Shaver and other members of Secretary Chao’s family—generally, all contributors to Senator McConnell’s campaigns—is strongly warranted. (15)
sec.gov/tcr
Suspected securitied fraud, including insider trading, can be reported to the U.S. Securities and Exchange Commission here: (16)
Suspected securitied fraud, including insider trading, can be reported to the U.S. Securities and Exchange Commission here: (16)
transportation.gov/sites/dot.gov/…
Secretary Chao’s communications can be requested under the Freedom of Information Act here:
(End)
Secretary Chao’s communications can be requested under the Freedom of Information Act here:
(End)
*securities* - oops.
marketwatch.com/story/elaine-c…
Footnote: On May 15, 2019, Electron also reported $23 million in Vulcan Materials holdings. Secretary Chao divested her Vulcan Materials holdings three weeks later, one year after she was to divest it. Electron currently holds a $37 million Vulcan stake.
Footnote: On May 15, 2019, Electron also reported $23 million in Vulcan Materials holdings. Secretary Chao divested her Vulcan Materials holdings three weeks later, one year after she was to divest it. Electron currently holds a $37 million Vulcan stake.
