Weeks before the coronavirus virus crushed the US stock market,
the Republican senator Richard Burr apparently used information he gleaned from his role as chairman of the Senate intelligence committee about the ferocity of the coming pandemic to unload 33 stocks held by him and his spouse. They were estimated at being worth between $628,033 and $1.72m , in some industries likely to be hardest hit by the global outbreak.
While publicly parroting Trump's happy talk at the time, Burr confided to several of his political funders that the disease would be comparable to the deadly 1918 flu pandemic.
Then the market tanked, along with the retirement savings of millions of Americans. >>
Using power and privilege to exploit the weak and vulnerable in the face of a common threat is morally repugnant. Call it 'Burring' after Richard Burr's stock sell-off www.theguardian.com |
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