Justice Dept investigating stock trades after coronavirus briefing

Discussion in 'Locker Room' started by ONGB, Mar 30, 2020.

  1. ONGB

    ONGB All American
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  2. caleco's

    caleco's All American
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    ONGB and Jim Z like this.
  3. Austere Scholar

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    they all crooked. fry 'em
     
  4. sjerzpitt2

    sjerzpitt2 Assistant Coach
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    Much like the blue bloods in the NCAA, nothing will happen to these people. They're special remember.
     
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  5. HailToPitt1985

    HailToPitt1985 Head Coach
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    When I saw the piece was from CNN, I didn't read it and I don't care what it says. It's non-verified opinion based on their socialist agenda. Maybe there is some truth in it, maybe not. But what would they know?

    People buy and sell equities on inside information every day of the year to one extent or another. What would make anyone think that a lying, corrupt group of politicians is any different?
     
    5 HailToPitt1985, Mar 30, 2020
    Last edited: Mar 30, 2020
  6. NCPitt

    NCPitt Lair Hall of Famer
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    It sounds routine and I suspect nothing will come of it because the burden of proof seems to be a high barrier. I hope the results show in their next election, though. Burr is one of my senators and I hope that he gets challenged in the primary ... if he decides to run.
     
  7. Ski11585

    Ski11585 Athletic Director
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    You are an absolute joke. Can your head get deeper in the sand?
     
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  8. Sean Miller Fan

    Sean Miller Fan Lair Hall of Famer
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    This does not fall under "Insider Trading" so what law could they have broken?
     
  9. caleco's

    caleco's All American
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    insider trading is the use of non public sensitive info to gain market advantage. this is fair game and an abuse of power.

    the abuse of power here is egregious
     
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  10. ONGB

    ONGB All American
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    Wait. You said you didn't read it then called it non verified opinion.
    It's not opinion.
    The DOJ is investigating the situation.
     
  11. NCPitt

    NCPitt Lair Hall of Famer
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    The article gives you the answer. The Stock Act.
     
  12. TempleBAPittMPA

    TempleBAPittMPA Chancellor
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    He's programmed . . .
     
  13. sjerzpitt2

    sjerzpitt2 Assistant Coach
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    But remember, he's not wrong...he'll tell you so when he replies.
     

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