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NYT report on congressional trading: 3700 trades totaling 100M from both parties
- gigatexal 4y agoSome nuggets from the thread: https://twitter.com/chrisjjosephs/status/1570491415058337792?s=46&t=ccyTE1HKn6gXJslDdf039Q https://twitter.com/chrisjjosephs/status/1570491415058337792... John Rose (R) TN sits on the Financial Services Committee He sold shares of Wells Fargo, $WFC, a few months before his committee issued a critical report on the bank 11/12/19 - Sold ~250K of $WFC @ $54.22 3/1/20 - Report’s published $WFC tanked 30% a week later to $37 https://twitter.com/chrisjjosephs/status/1570491409844817922?s=46&t=ccyTE1HKn6gXJslDdf039Q https://twitter.com/chrisjjosephs/status/1570491409844817922... Although Pelosi was not included in the report, let’s start with her (2020 - 2022) Total trades: 35+ Dollar Volume: up to $65,600,000 Possible conflicting trades include: $TSLA & the $1.2T Infrastructure Bill $MSFT & the $10B Army Contract $NVDA & the $50B Chips Act
- dredmorbius 4y agoLink disintermediation: <https://www.nytimes.com/interactive/2022/09/13/us/politics/congress-stock-trading-investigation.html https://www.nytimes.com/interactive/2022/09/13/us/politics/c...> "Please submit the original source. If a post reports on something found on another site, submit the latter." <https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html>
- gigatexal 4y agoGot it. I did think the added context from the thread added value but I’ll post the original next time.
- dredmorbius 4y agoYou can submit a comment simultaneously with (or of course, after submitting) a link. I'll occasionally reference other discussion in that way. Your submitter comment has no special status, but it is (usually) the first comment which will appear in the thread.