[ April 23, 2024 ]
https://twitter.com/ReformedBroker/status/1241030022405767170
Dianne Feinstein, 3 Senate colleagues sold off stocks before coronavirus crash: reports
By Dom Calicchio | Fox News March 2020:
Sen. Dianne Feinstein of California and three of her Senate colleagues reported selling off stocks worth millions of dollars in the days before the coronavirus outbreak crashed the market, according to reports.
Story continues below advertisementThe data is listed on a U.S. Senate website containing financial disclosures from Senate members.
Feinstein, who serves as ranking member of the Senate Judiciary Committee, and her husband sold between $1.5 million and $6 million in stock in California biotech company Allogene Therapeutics, between Jan. 31 and Feb. 18, The New York Times reported.
Feinstein defended herself in a series of tweets on Friday, saying she has “no control” over her assets and the stocks in question were her husband’s transactions.
“During my Senate career I’ve held all assets in a blind trust of which I have no control. Reports that I sold any assets are incorrect, as are reports that I was at a January 24 briefing on coronavirus, which I was unable to attend,” she tweeted.
“Under Senate rules I report my husband’s financial transactions. I have no input into his decisions. My husband in January and February sold shares of a cancer therapy company. This company is unrelated to any work on the coronavirus and the sale was unrelated to the situation.”
When questioned by the newspaper, a spokesman for the Democrat from San Francisco also said Feinstein wasn’t directly involved in the sale.
“All of Senator Feinstein’s assets are in a blind trust,” the spokesman, Tom Mentzer, told the Times. “She has no involvement in her husband’s financial decisions.”
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34 Comments4 years agoShe’s aJ ew in last name only and if she told me the sky was blue and it gets dark at night I wouldn’t believe a single word she said.
4 years agoSO, is the D.O.J. INVESTIGATING THESE PEOPLE, huh BARR?
Isn’t that called INSIDER TRADING that the rest of us would go to prison for, huh, BARR?
4 years agoReply to TomSJrunless there is evidence she received inputs from the company and sold her shares early to profit , its not insider trading.
now same needs to be done with her husband. But if entire stock market crashed and someone sells it 1-2 months earlier , its just good management.
4 years agoReply to felix1999“obvious” is not how you prove in court. verifiable evidence is required.
4 years agoReply to SureshLOL!
With your hereos in place, the obvious continues to go no where. Who’d believe your gal Hillary isn’t in prison.4 years agoReply to felix1999what makes u think questioning some of Trump lack of policies automatically makes them hillary supporter ?
Bad policies , slothish attitude hurts common citizens more than the elites
4 years agoReply to SureshYour replies give you away as well as willful ignorance. It’s an obvious pattern.
4 years agoReply to felix1999I am a Trump supporter. Hate Feinstein (see my other comment about Star-Kist Tuna), however, what Suresh says is true. It has to be provable. Do I think Barr is dragging his feet about bringing charges against a whole bunch of people? Yes.
4 years agoReply to TomSJrmartha did time for that, so when is their turn? Hey Bill Barr: WTF is taking so long? masturbation?
4 years agoWhy do these criminal bureaucrats get away with this crime?? Yet, people in their district are still stupid to re-elect them over and over. Talk about brain dead constituents, all across America.
4 years agoReply to RobertThey are dumbed down through indoctrination in K-12 and higher education, gimmiegrants and being glued to CNN and other biased media reassures them to vote for DEMS.
4 years agoLike Ted Kennedy, Feinswein has a lifetime sinecure but is probably considerably more corrupt than Teddy ever was (after all Teddy was from wealth he didn’t need bribery income).
In our last senatorial election you could vote for anyone for the office of senator — as long as they were members of the National Democratic Socialist Party.4 years agoReply to MuhamMUDTheFakeProphetYes, the California law that says the 2 highest vote-getters, regardless of party are on the November ballot needs to be repealed. Since it was voted on as a proposition by voters, it has to be repealed the same way. State legislature can’t repeal it.
4 years agoReply to Bob PegramIt’s very similar to the kind of voting “choices” you get in Communist China now or had in the USSR: you can vote for anyone as long as they’re a member of the Communist party.
4 years agomy stockbroker had his top clients sell most of their stocks in mid january before the big news broke not illegal they were just smarter than the rest of us
4 years agoDiFi is a master of plausible deniability. In fact I believe it’s built into the system for all legislators. If, OTOH, her financial advisors really are the ones who steered her investments I would like to get their number.
4 years agoI thought about selling 20 Feb and like a fool I held on hoping sanity would prevail….dummy me for sure! Couldn’t sell now if I wanted to….I guess we’ll be waiting 10 years for it to come back….maybe.
4 years agoSee, Burr sits on the Senate Intelligence Committee and knows how to put that insider intel to good use, for himself.
When Feinstein pleads ignorance, believe her.
4 years agoReply to Drew the InfidelI’m sure her investment banker husbant took great care in managing her “blind trust”.
Feinstein married Richard C. Blum, an investment banker. In 2003, Feinstein was ranked the fifth-wealthiest senator, with an estimated net worth of US $26 million. By 2005, her net worth had increased to between US $43 million and US $99 million.
Her 347-page financial-disclosure statement – characterized by the San Francisco Chronicle as “nearly the size of a phone book” – claims to draw clear lines between her assets and those of her husband, with many of her assets in blind trusts.
https://en.wikipedia.org/wiki/Dianne_Feinstein#Personal_lifeDo you really believe she didn’t pass along information to her investment banker husband? I don’t! I wonder what she is worth in 2020? They stopped at 2005.
Pelois isn’t doing to shabby either. Notice how well she did during the OBAMA YEARS! Our economy was in the toilet.
The nonpartisan Center for Responsive Politics (CRP) estimated in 2009 that Pelosi’s average net worth was US $58,436,537, ranking her 13th among 25 wealthiest members of Congress.
Pelosi’s average net worth in 2014 was US $101,273,023 having ranked 8th out of 25 wealthiest members of Congress.
4 years agoReply to felix1999It should be noted that she was mayor of SF during the “Night Stalker” investigation in LA. The LA cops showed the SF cops their evidence on the theory he was headed there. She held a press conference making it all public and almost single-handedly blew the entire case.
4 years agoReply to Drew the InfidelBack then I used to respect Feinswein and to tell the truth San FranFreaksco was a lot better back then than it is today.
4 years agoLOL! Feinstein, Burr, Loeffler, and Inhofe must have the same “brilliant” stockbroker who “happened” to advise these particular insiders to sell. Our only remedy is to defeat them at the polls – Congress will do nothing.
4 years agoReply to linda goudsmitLOL, defeat Feinswein at the polls? She’s had that senatorial sinecure ever since she left the mayorship of the stinking, rotten, carcass of San FranFreaksco behind and that was more than TWENTY years ago.
4 years agoReply to linda goudsmitShe does not talk to her husband? What kind of marriage is that?
4 years agoThese people should go to jail. They are insider trading in jobs we pay them for, essentially stealing from us with their special knowledge.
4 years agoLiar, liar, liar. Your stinking under ware is on fire!
4 years agoLiar, liar, pants on fire.
Her Chinese computer guy told her.4 years agoI call BULLSHIT on Feinstein. She is guilty as sin and needs to see jail time.
4 years agoI once personally wrote this piece of living human garbage protesting that my tax dollars were going to support Jew killing koranimals, someone (I’m positive it wasn’t her) wrote back to inform me that Fatah was “moderate”.
4 years agoYears ago Feinstein introduced and got a bill passed that put a tariff on all tuna coming from the Pacific – except from the country where Star-Kist Tuna is – the company she and her husband own. Totally corrupt!
4 years agoWhen I phone her SF office to give my 2 cents on pending legislation, they NEVER answer the phone! My guess is caller ID connected to voter rolls tells them I am a Republican.
3 years agoI know Sen Feinstein is more intelligent than her tweet. What kind of deflection is this “my husband’s stock trades are his decisions, I have no control over them”. I’m sure a burning he wouldn’t pass up a burning tip. Besides this fact, just what does Senator Feinstein think the purpose is for her reporting her husband’s stock trades? Does Senator Feinstein believe the SEC collects information for the sake of collection? She is indirectly accountable for trades of a suspicious nature because she is a Senator privy to sensitive information. Don’t play dumb or play us as dummies.
