Sen. Kelly Loeffler said she will liquidate her individual stock share positions and related options after weeks of criticism of the wealthy Republican and her CEO husband Jeff Sprecher for selling millions of dollars in stock amid the coronavirus pandemic.
Sprecher is the chairman and CEO of Intercontinental Exchange, the company that owns the New York Stock Exchange. And said she was selling off the individual shares not because she had to, but because she wanted to avoid further controversy. In a statement announcing her liquidation of individual shares, Loeffler, said, "Amid this health crisis, the temptation to circulate lies and misinformation is too great for the media and my political opponents."
She should donate the funds to the fight against the corona virus
TeriGRight Just how much will you profit again! Resign!! You have now admitted to your guilt!!
TeriGRight How many dishonest politicians are needed to run our country? It’s time you did the one honest thing in your life.... resigned.
What prison should they go to?🤔
lookner She should be liquidated from freedom.
She better donate any profits from recent stock sales to medical workers and teachers. SenLoeffler
Is she going to give the money to an organization actually fighting COVID-19?
why do so many right wing women have that look?
Just in time before the retest of the lows
Too late ! LOCK HER UP
Excellent idea 👍
That's his business.
And donate proceeds?
Swear it on a Bible...in court
Should have to pay the profits to a Covid-19 cause or do jail time.
Not what she sold that is in question but what she bought.
We still need to investigate that like a bank robbery saying he’s not going to do it anymore but he keeps the loot!
So now he just goes to cash and gets off? Prosecute.
Sure she cashed out in Jan before it dropped 25%. It’s easy to liquidate since you already did that. We are not stupid. Hopefully we vote her out quickly.
So they are taking the profit? I wouldlike to see them give up the gains
So now that she is liquidating everything and probably taking profits, is this a signal that the stock market is going to tank in the days ahead?
Y'all posting this like she's doing everyone a favor by selling something she never should've purchased in the 1st place LockHerUp RememberMartha InsiderTrading
georgialove0916 that is called, yes I am guilty, but you caught me so Oops. I'm doing my version of the 5 second rule. Someone should tell her NO TAKE BACKS.
She should go to jail!
She’s saved 25% in losses and now she is up 30%-60% on positions she bought so of course she is willing to liquidate now. Her and her criminal husband made enough to never work a day again but then how would they continue to rip off America if they did that?
Don't you really mean '...will liquidate individual stock shares after coronavirus trade furor and a face-ripping 23% rally'?
Too late. You gone. Maybe all the way gone, if we have any semblance of structure that remains intact.
Way too little, way too late. Throw the book at her.
She should pay the difference in saved losses plus 20% as penalty then be banned from trading for 5 years as she serves prison time during that time
Will she be arrested?
She’s a damn liar, She should be out of politics
That’s it? Nothing else will happen to her for breaking the law?
And resign.......? LoefflerMustResign
SHES GOT A GOOD BROKER WTF
So ...rich people can just steal, get caught, put it back & say never mind Really Especially beyond disturbing & sinister, during and directly pertaining to the profiting off of Death & a pandemic ☠️ KLoeffler ...you’re soulless!
If Martha Stewart went to prison so should she!
lookner She really just needs to resign. Insider trading is against the law!
WHEN
I thought she said she can’t controlled what’s sold and bought for her. DID SHE LIE? I AM SHOCKED.
How much did she make She deserves prison time. Remember what they did to Martha Stewart.
There is always one out there that thinks they are smarter then anyone else.
OpenOutcrier insider trading happening all the time, they just let them getaway all the time with politicians
He should be in jail
She needs prison time
Not good enough. She traded stock on non-public information. Clawbacks and jail. KLoeffler
Donate $10 million to COVID19 relief. Other than that, don't pass GO and head directly to Jail
lookner Martha Stewart did not get that luxury- she deserves prison!
yeah, the market has corrected back to the upside. Sell before it goes back down and make it look like a good deed.
funksoulsista So you’re saying sell all our stocks cause she got wind of another crash?
They didn’t go anything illegal because everything was public knowledge. But the optics are horrible. It is time laws that ban all elected officials from owning stocks or equites while in office. Ditto the spouses.
and donating the profit.... correct
That’s a good start. Now for Burr and Feinstei.
She should resign and put in jail. Keeping her capita gains isn’t “punishment”
No do the part where she goes to Prison. Or is it not a crime now since she is rich and white?
In other words, I’ve made my money and now I think the market is going to rank.
Of course she will, on a relief rally; she sold at top; then bought the bottom; lol; she should resign, and be a private billionaire;
Make sure they pay capital gains taxes!!
Let us know when she’s in jail
After stocks are up. Can she trade from jail?
Dissemblance always!
Come on. They are all crooks. You don’t think Fed or Trump told hedge fund guys we got you covered just go on tv and say bottoms in. Hello
SenatorLoeffler guess your happy with that 20+ dollar a share monster ctxs position you have been in since feb
Scum
resign first then she should be investigated
And she gets to keep all the money?
It's still a crime even if you return the merchandise you stole.
Not enough
Doesn’t make a difference at this point. The crime has already been committed.
She needs to resign and face insider trading crimes
WHAT DOES THAT MEAN? DID SHE MAKE A HUGE BEFORE & NOW AFTER? WHAT DOES THIS ACTION DO FOR HER?
She should be in jail
Bullshit!She broke the law!I'm sick of the double standards when it comes to the wealthy.
she should cut that horse hair too
That does not mitigate the crime of insider trading.
SenatorLoeffler needs to Resign and be charged with insider trading. Why should she get away with it
Insider trading is illegal.
Egad, I hadn't seen a photo of them together. Absolutely hideous corrupt money-grubbing couple. Blech.
All gains + 50% in fines go to charity and she and her friends do 90 days in jail.
Think MarthaStewart would agree to giving SenatorLoeffler a pass for insider stock trading? Members of Congress must be subject to same Rule of Law as corporations. Senators should rally to the Republican chant, “Lock her up!” gtconway3d BillKristol SenSchumer senatemajldr
What you’re saying is that people in a position of power and influence can basically do anything they want and get away with it? Wonderful.
It's true: criminal defense lawyers like to be pre-paid
Her fat a$$ needs to be in jail. As if cashing out is punishment.
Unload them after the markets have rebounded 25%+ from the lows? STOCK ACT- politicians are above the law, right Garbage InsiderTrading SenatorLoeffler 💩💩💩
She, Perdue, Inhofe, and Burr traded millions of dollars in stocks directly after and related to the information provided in a CDC Senate briefing on COVID-19 on January 24th. This is a Federal crime. These Senators then downplayed the dangers in public over the next five weeks.
Come on, do you think Kelly would even look at this 65 year old unless he was a multi millionaire and chairman of th US stock exchange. They contributed $450,000 to the National Republican Party, then guess what she was appointed to the United States Senate. No election
not enough
Funny that Martha Stewart wound up in jail after her trade 'furor'.
She needs to resign. As does Burr.
So she did the crime !!!! When the hell will she do the Time Oh yeah notice shes selling to lock in her gains I bet she has no losses... the rest of the American people have loses because we cant trade on insider info! Lock this lying bitch up!!!!
That’s not how this works
Liquidate her.
Post-profit.
Her husband is over the damn company that owns the stock market and they still felt the need to get an advantage and make money, while lying directly to american citizens.
SenatorLoeffler What’s that saying about closing the gate once the horse has already bolted (with the ill gotten profits?) Corruption
Illegal insider trading! Now that the polls have Loeffler down 23%, she decides to take profits. Where is the investigation and is Trump overseeing that also.
Lock her up
How righteous, after a nice profit I’m sure.
Nope, she still broke the law! She needs to be investigated and held accountable!
Wasn’t liquidating her holdings kind of the problem in the first place?
So... she keeps the money she made breaking the law. Good talk.
In other news, John Dillenger was actually planning to return stolen bank money to make things right when he unfairly got gunned down.
No. Prosecution is required. Their's was blatant insider trading, a crime. Worse, it took advantage of a pandemic killing thousands.
I thought her advisors were responsible?
So she makes more money after being pressured to....not make money.
lookner While people are starving and loosing their jobs. :(
She needs to sit her ass down and leave politics.
lookner Too late sunshine. You already showed Georgia what you are made of—and embarrassed the crap out of Illinois where you grew-up.
Big deal. It’s still insider trading. She dumped stocks prior to the pandemic and invested in PPE companies. She made money on insider information.
She needs to be fined, forced to resign, and all gains earned donated to help health care workers get through this pandemic.
She should resign now !
Not enough. She is straight evil. Deserves to lose her job and be disgraced. Just scum
She just admitted to insider trading.
The horse already left the barn.
Thereby crystallized a huge profit and faces no accountability for profiting off the suffering and death of Americans. She wins.
Can you trade from prison?
donate the profits to a food bank if you are sincere
Buy low sell high...she knows what's up.
Then resign.
She needs more than a slap on the wrist. Jail and hefty fines. Give her the Martha Stewart treatment
There is a general election for this Senate seat, there is no primary. Democrats and Republicans will face off in general election with a likely runoff.
Not good enough, as she will be liquidating after the stocks connected with coronavirus already rose. SenatorLoeffler is guilty of insider trading and needs to resign before she's voted out for being a fucking crooked politician who is now on the list of pandemicprofiteers
lookner SHE IS A CRIMINAL AND NEEDS TO BE HELD ACCOUNTABLE!
And keep the money. Oh dear, did I just say the quiet part out loud?
She liquidated at the top and bought stock in companies that would benefit! Disgusting!
Donate every penny made and then resign, would be nice.
Resign
Sure go ahead, but you still broke the law. That’s not going away
Not good enough. Resign.
Liquidating AFTER you've already been guilty of insider trading doesn't mean you don't still go to prison.
Resignation - investigation - suffer the consequences.
For a nice gain no doubt! Lock her up! Lock her up! Lock her up!
Lock her up!
NYCNavid No. We want her locked up!!!
Doesn’t matter. It’s not like the SEC_Enforcement is going to anything.
After the market went up 20%
Nope orange jumpsuit 😂😂
Guilty as charged!
Too late
Hey you killed that guy with your knife. But if you get rid of the knife so you can’t do it again, we’ll just forget about the dead guy...
Twitter, show me an example of behaviour of someone who is bang to rights guilty.....
Reverse the trades. So she wants to take profits now. You must be joking.
Toooooo Lateeeee
SenatorLoeffler lockherup
She should resign
At near all time highs most likely
Oh.. but I thought she just said she wouldn’t do anything differently. Lol. She saw the Collins polling.
She shouldn’t be in office and I think she needs to be investigated and go serve time like you did to Martha.
In the words of Adam Schiff “because she got CAUGHT!”
Federal prison, any other citizen would be in prison by now.
lookner Don’t care put her in prison ffs
I feel disgusted
She should have to resign and donate all profits to Covid relief
She should donate any profits to charitable organizations.
So she's still going to make money off of American death. Cool. SenatorLoeffler is not pro-life.
why wait
So, how much money did she make with her insider info?
How convenient...they are willing to sell now that markets have popped to retrace more than half of the collapse. How generous of them to sell NOW. Notice they didn’t offer to liquidate a month ago.
Too little too late ... Collins will just point out the corruption
LockHerUp
Does she keep the profits?
🤔
lookner Lock her up.
lookner Why not resign?
Done sold stocks to avoid loss then bought stocks to profit off pandemic. To late now
Now that she has made a ton of money, helped by insider information
OpenOutcrier Oh okay NOW we are satisfied. Does this non gesture really appease her low IQ base?
And then resign right?
A bit late and mere lip service Fake
And just like that, nobody heard about it again..
After she collected the upside! Hahaha
She needs to resign and prepare for trial.
It doesn't work that way. Insider trading punishment is jail time
His name is Mahdi, he is the twelfth Imam. When the whole world become drowned in crulety, crruption, diseases and wars, he will come as a saviour ThePromisedSaviour
This is not sufficient. She should resign. Also insider trading is still illegal, no?
Law makers do the laws U can’t as I do must do as I say . Smoke of bat 🦇 S- - - can kill?
Smart guy. They are sucking in a lot of people thinking this market isn’t going to correct soon.
Is she going to contribute all the money she made to charity? Otherwise who cares?
Front run. Front run. Front run! What's the trade, senator?
What will Senator Diane Feinstein do with her individual stock shares after her coronavirus trade?
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