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Home»Game The System»Insider Trading in Congress – how politicians GET RICH (Mini Documentary)
Game The System

Insider Trading in Congress – how politicians GET RICH (Mini Documentary)

January 21, 2021
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Within the US, cash and politics are intrinsically tied collectively. Many of the wealth that politicians within the US have at this time is amassed by means of authorized means, however there have additionally been instances of insider buying and selling throughout the ranks of Congress. We will take a deep dive into the insider buying and selling scandal that occurred at first of the 2020 Coronavirus pandemic, which concerned Kelly Loeffler, David Perdue, Dianne Feinstein, and Richard Burr.


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—————————————-
Timestamps
Intro – 00:00
Kelly Loeffler – 01:53
David Perdue – 02:54
Dianne Feinstein – 03:40
Richard Burr – 04:22
January twenty third – 05:28
January twenty fourth – 06:01
February seventh – 9:37
February thirteenth – 10:49
February twenty seventh – 11:16
Could thirteenth – 12:58
Could twenty sixth – 13:40
Wrap Up – 14:13
Outro – 15:22

—————————–
Learn the article for your self:
https://www.foxnews.com/opinion/coronavirus-prevention-steps-the-u-s-government-is-taking-to-protect-you-sen-alexander-and-sen-burr
—————————–

THE SCRIPT:

If you happen to’re seeking to get wealthy, there are a handful of the way to do it. You might:
– Create a profitable enterprise
– Put money into a profitable enterprise
– Commit a criminal offense
– Develop into a politician

In the US, cash and politics are intrinsically tied collectively. Now, don’t get me improper, many of the wealth that politicians within the US have at this time is amassed by means of authorized means. I’m speaking e book offers, speeches, appearances, interviews, or utilizing their public picture to assist market profitable merchandise. However there have additionally been instances of insider buying and selling throughout the ranks of Congress. Doing so is unlawful, however solely since 2012, when the STOCK act was first enacted to halt the observe. Since that act was handed, there haven’t been any convictions of insider buying and selling for US politicians, however there have been some scandals.

One scandal particularly I’ve been following fairly intently, because it occurred simply earlier this yr. Firstly of the Coronavirus pandemic, a number of members of congress made some extremely well-timed trades, simply earlier than the inventory market was able to tank on account of widespread shutdowns. The trades these people made have come underneath unbelievable scrutiny, however earlier than I get forward of myself, let’s meet our gamers, the people on the heart of this scandal.

[Kelly Loeffler – Intro]
First, now we have Kelly Loeffler, a Republican congress lady from Georgia. Kelly’s whole web value is estimated to be a whopping $500 million {dollars}. Now, most of this wealth she amassed throughout her time within the enterprise world. She labored for some fairly main labels, equivalent to Citibank, Intercontinental Trade, and Bakkt, the place she held the place as CEO earlier than she left for Congress in 2019. She was appointed to congress by Georgia governor Brian Kemp after one other republican senator resigned on account of well being causes. She’s additionally married to the CEO of Intercontinental Trade and the chairman of the New York Inventory Trade, Jeffrey Sprecher. So you possibly can most likely inform why this energy couple is completely loaded. However Kelly’s actions as congress lady may not be all that noble.

[David Perdue – Intro]
Subsequent up, now we have David Perdue, a Republican congressman additionally from Georgia. David’s web value is estimated at almost $15 million {dollars}, and equally to Kelly, his web value was achieved within the enterprise world by means of his time in administration consulting. David has held senior positions at Reebok, PillowTex and Greenback Common, the place he was really the CEO.

…

———————————–
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**********
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—————————————————————————–

All supplies in these movies are used for instructional functions and fall throughout the tips of truthful use. No copyright infringement meant. If you’re or characterize the copyright proprietor of supplies used on this video and have an issue with using stated materials, please ship me an e mail, originali7y@gmail.com , and we are able to type it out.

Copyright © 2021 Sport The System. All rights reserved.

DISCLAIMER: These movies are for leisure functions solely. This isn’t meant to be monetary recommendation. Earlier than taking any actions, do your individual analysis and by no means cease studying.
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