Author Topic: CoronaBro Meltdown/SARS-Covid-19 Spitballing Thread  (Read 1555640 times)

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Offline Spracne

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1800 on: March 19, 2020, 10:48:49 PM »
Likely not insider trading, but it would obviously be a fact-sensitive question that depends on what exactly was said behind closed doors.

For example, if you work for an organization that assembled a CV task force and regularly updated its employees on the evolving threat, surely you wouldn't be guilty of insider trading if you changed some of your positions in the market based on how that information affected your outlook on the future. 

The question should be whether they were trading based on confidential or privileged information.

BTW, you're kidding yourselves if you don't think Congresspeople do this crap all the time. You can't unlearn information, and as long as a regular investor could learn the same information with some diligence, we've decided it's fair game.

I suppose we could forbid Congresspeople from trading in equities, but they could still pass along their hot tits to others.
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Offline Justwin

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1801 on: March 19, 2020, 10:50:43 PM »
this actually really surprises me.  i guess the travel ban/chinavirus stuff is more effective than most of us here credit it with being?

https://twitter.com/Politics_Polls/status/1240828936264847363

The Independents numbers are pretty surprising.  I would have guessed them to be something like 40-60 Approve-Disapprove.

I'm also a bit surprised 24% of Democrats approve of Trump's handling.

Offline TheHamburglar

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1802 on: March 19, 2020, 10:56:13 PM »
they could still pass along their hot tits to others.

 :sdeek:
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Offline Spracne

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1803 on: March 19, 2020, 11:01:26 PM »
they could still pass along their hot tits to others.

 :sdeek:

Isn't that a phrase? As in, "Hey, here's a Pro Tit for you, I'd avoid the hospitality industry for a while if I were you..."
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Offline Kat Kid

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1804 on: March 19, 2020, 11:01:31 PM »
he still thinks Robert Mueller is going to finally get Trump.

Sorry you didn't find the subject as personally interesting as torture. Did anyone finally get anyone else over that?

Well John Yoo is at Stanford, George W. Bush is besties with Ellen and Michelle Obama and to bring us full circle John Brennan after droning Americans, then spying on the senate while they were producing the torture report came out of retirement to go all in on Trump/Russia. So yeah, forgive me for not getting too worked up about the millionth piece of evidence that this country’s politics are mumped and some people seem to think that the answer is Joe Biden.

Offline chum1

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1805 on: March 19, 2020, 11:02:11 PM »
Likely not insider trading, but it would obviously be a fact-sensitive question that depends on what exactly was said behind closed doors.

Sounds like it's worth investigating! Also, it could still be insider trading even if there is no legal case. Given that we're talking about two of the biggest pos of all pub pos, I'd be surprised if it wasn't.

Offline Spracne

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1806 on: March 19, 2020, 11:05:55 PM »
Likely not insider trading, but it would obviously be a fact-sensitive question that depends on what exactly was said behind closed doors.

Sounds like it's worth investigating! Also, it could still be insider trading even if there is no legal case. Given that we're talking about two of the biggest pos of all pub pos, I'd be surprised if it wasn't.

It just depends. As I explained in the second part of my post, the efficient market theory would  tend to negate insider trading if the information was already obtainable by a prudent, non-insider investor.
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Offline Kat Kid

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1807 on: March 19, 2020, 11:07:07 PM »
Likely not insider trading, but it would obviously be a fact-sensitive question that depends on what exactly was said behind closed doors.

Sounds like it's worth investigating! Also, it could still be insider trading even if there is no legal case. Given that we're talking about two of the biggest pos of all pub pos, I'd be surprised if it wasn't.

I would love a full accounting of it too! ProPublica is great!  Unfortunately on the consequences side, trying to shame the shameless has been ineffective for awhile now.

Offline sys

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1808 on: March 19, 2020, 11:14:14 PM »
Unfortunately on the consequences side, trying to shame the shameless has been ineffective for awhile now.

loeffler will probably face an electoral penalty.  she might have lost anyways, and this can only hurt.  burr had already announced that he'd retire in 2022, so unless he's prosecuted or forced into resigning, he's probably beyond any tangible penalty.
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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1809 on: March 19, 2020, 11:22:13 PM »

Offline MakeItRain

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1810 on: March 19, 2020, 11:30:39 PM »
it probably doesn't but it doesn't feel right

it's another datum on the overlap in wealth and political power.  other than that, it's meaningless.

You are right that who her husband is doesn't matter in the grand scheme of things. It's absolutely disgusting that we just gloss over the point you made above. It's sad how many Americans are just willing to let a system, that produces a result like this, to continue. What Loeffler did and who her husband is should be shocking, he knew what she was doing, he's a part of the machine. Yes, I know the difference between the NYSE & NASDAQ.

Offline Trim

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1811 on: March 19, 2020, 11:34:43 PM »
The stock transactions are just icing on the cake of them knowing how bad this was going to be and not doing more or anything to have the country prepared.

Offline MakeItRain

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1812 on: March 19, 2020, 11:40:36 PM »
this actually really surprises me.  i guess the travel ban/chinavirus stuff is more effective than most of us here credit it with being?

https://twitter.com/Politics_Polls/status/1240828936264847363

This is a question where context and nuance changes everything. In a world of the polar opposites of approve and disapprove without any other choices, I'm approving. I think his rhetoric is harmful to say the least, but I am able to distinguish the diarrhea spewing out of his mouth during these daily briefings from the actual work the administration is doing to try to slow this down. None of the democrats his administration are working with either in Washington or from states across the country seem to be complaining.

That being said, I look forward to when the books are written about this and we find out about the extreme things being done behind-the-scenes to keep him from rough ridin' everything up.

Offline MakeItRain

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1813 on: March 19, 2020, 11:43:10 PM »
The stock transactions are just icing on the cake of them knowing how bad this was going to be and not doing more or anything to have the country prepared.

No one will have the stomach to want to make the changes we need to do to scrub money and corruption out of our government. And by no one I mean all of you moderate fucks content to sit fat and happy with your comfortable middle class lives. Me too, I guess, but at least I'm vocally passionate about wanting change.

Offline MakeItRain

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Offline chum1

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Offline MakeItRain

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1816 on: March 19, 2020, 11:54:31 PM »
lol, good luck with that defense

Offline bucket

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1817 on: March 20, 2020, 12:04:26 AM »
Insider trading, absolutely. Fantasy to ring up all these people.

Offline Trim

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1818 on: March 20, 2020, 12:06:28 AM »
The stock transactions are just icing on the cake of them knowing how bad this was going to be and not doing more or anything to have the country prepared.

No one will have the stomach to want to make the changes we need to do to scrub money and corruption out of our government. And by no one I mean all of you moderate fucks content to sit fat and happy with your comfortable middle class lives. Me too, I guess, but at least I'm vocally passionate about wanting change.

I want to break up the united states.  All of our new tiny little baby countries wouldn't have these problems.

My point was that the stock transactions are really just a piece of evidence as to the primary wrong - that this crew of politicians had enough information to know that what was coming, yet chose not to have the country prepared (which is much worse then being innocently ignorant about preparation decisions).

Given that, of course they went a step further and made some money on the whole thing too.  Not the damning thing, but that part's sexier.

Offline sys

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1819 on: March 20, 2020, 12:10:50 AM »
https://twitter.com/trekonomics/status/1240852528511639553

both worth reading, the first has great graphics.
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Offline star seed 7

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1820 on: March 20, 2020, 12:12:22 AM »
this actually really surprises me.  i guess the travel ban/chinavirus stuff is more effective than most of us here credit it with being?

https://twitter.com/Politics_Polls/status/1240828936264847363

People still don't really think anything bad is happening
Hyperbolic partisan duplicitous hypocrite

Online catastrophe

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1821 on: March 20, 2020, 06:44:41 AM »
I think it’s natural for people to come together and be forgiving during a crisis. The first examples that come to mind are Wilson (WWI), FDR (WWII), and Bush (9/11). All pretty popular at the time.

Offline steve dave

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1822 on: March 20, 2020, 07:12:10 AM »

Offline chum1

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1823 on: March 20, 2020, 07:33:07 AM »
According to Sargent, the polls that are generally more credible are not surprising.

https://twitter.com/ThePlumLineGS/status/1240974859431219201

Offline Institutional Control

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Re: Thanks China (and Canada) . . . Topic: CoronaVirus!
« Reply #1824 on: March 20, 2020, 08:11:16 AM »