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#DavidPerdue - 2,596 Trades in One Term 
The Georgia Republican’s stock trades have far outpaced those of his Senate colleagues and have included a range of companies within his Senate committees’ oversight, an analysis shows.
The Georgia Republican’s stock trades have far outpaced those of his Senate colleagues and have included a range of companies within his Senate committees’ oversight, an analysis shows.
Good GOD, how did GA get two of the dirtiest, wealthy criminal Senators uninterested in anything but lining their personal pockets?
You'll want to read this:
You'll want to read this:
As a member of the Senate’s cybersecurity subcommittee, David Perdue has raised alarms that hackers from overseas pose a threat to U.S. computer networks. Citing a frightening report by a California-based company called FireEye, ...
Mr. Perdue was among the senators who asked this spring that the National Guard prepare to protect against such data breaches.
Not only was the issue important to Mr. Perdue, so was FireEye, a federal contractor that provides malware detection & threat-intelligence services. ...
Not only was the issue important to Mr. Perdue, so was FireEye, a federal contractor that provides malware detection & threat-intelligence services. ...
Beginning in 2016, the senator bought and sold FireEye stock 61 times, at one point owning as much as $250,000 worth of shares in the company.
Last week, The New York Times reported that the Justice Department had investigated the senator for possible insider trading in his sale of more than $1 million worth of stock in a financial-analysis firm, Cardlytics. ...
Cuz, Trump/Barr, of course
Ultimately, prosecutors declined to bring charges. Other media outlets have revealed several trades in companies whose business dealings fall under the jurisdiction of Mr. Perdue’s committees.
An examination of Mr. Perdue’s stock trading during his six years in office reveals that he has been the Senate’s most prolific stock trader by far, sometimes reporting 20 or more transactions in a single day. His 2,596 trades, mostly in stocks but also in bonds and funds, ...
roughly equal the combined trading volume of the next five most active traders in the Senate. That's a lot.
That's a lot.
The data also shows the breadth of trades Mr. Perdue made in companies that stood to benefit from policy and spending matters that came not just before the Senate as a whole, but before the committees and subcommittees on which he served.
Nearly half of Mr. Perdue’s FireEye trades, for example, occurred while he sat on the cybersecurity panel, a role that potentially could have provided him with nonpublic information about companies like FireEye.
During that period, FireEye landed a subcontract worth more than $30 million with the Army Cyber Command, which had operations at Fort Gordon, in Mr. Perdue’s home state. In 2018, Mr. Perdue reported capital gains of up to $15,000 from FireEye trades.
In April, after questions were raised about stock trades that Mr. Perdue and other senators had made around the onset of the coronavirus pandemic, he abruptly sold virtually all of his stock holdings — between $3.2 million and $9.4 million worth.
I tweeted this last week:
In a letter last week to the SEC, Representative Raja Krishnamoorthi, an Illinois Democrat, requested an investigation of Mr. Perdue’s trades in BWX Technologies, a Virginia-based company that supplies nuclear components for Navy submarines.
In a letter last week to the SEC, Representative Raja Krishnamoorthi, an Illinois Democrat, requested an investigation of Mr. Perdue’s trades in BWX Technologies, a Virginia-based company that supplies nuclear components for Navy submarines.
Perdue began buying the company’s stock about a month before he took over as chairman of the Seapower Subcommittee, where he pushed to beef up the nation’s defenses, including by adding a multibillion-dollar nuclear submarine of the type BWX Technologies provides components for.
Mr. Perdue, whose estimated net worth is more than $15 million, arrived on Capitol Hill in 2015, 
billing himself as an outsider and emphasizing his experience as a top executive at companies like Dollar General, Reebok and Haggar Clothing. (Hi China)
billing himself as an outsider and emphasizing his experience as a top executive at companies like Dollar General, Reebok and Haggar Clothing. (Hi China)
He immediately established himself as a skeptic of government regulation, at various points suggesting the
abolishment of both the Environmental Protection Agency and the Consumer Financial Protection Bureau.
abolishment of both the Environmental Protection Agency and the Consumer Financial Protection Bureau.
too long to copy but here's the clip about these trades:
Devron
First Data
merger Fiserv
How do his donors stay with him?
He seems like a sh!t business friend. LOL
Devron
First Data
merger FiservHow do his donors stay with him?
He seems like a sh!t business friend. LOL
The banks bother me.
During his Senate term, Mr. Perdue has at various times held shares in roughly a dozen banks, ranging in size from JPMorgan Chase, the nation’s largest bank with nearly $2.7 trillion in assets, to the comparatively tiny First Hawaiian Bank.
During his Senate term, Mr. Perdue has at various times held shares in roughly a dozen banks, ranging in size from JPMorgan Chase, the nation’s largest bank with nearly $2.7 trillion in assets, to the comparatively tiny First Hawaiian Bank.
Regions Financial, a regional lender based in Birmingham, Ala., has been one of Mr. Perdue’s frequent trades.
A Loeffler move:
During that time, he was also pushing to roll back financial regulations that had imposed additional scrutiny and cash constraints on banks with more than $50 billion in assets after the financial crisis.
During that time, he was also pushing to roll back financial regulations that had imposed additional scrutiny and cash constraints on banks with more than $50 billion in assets after the financial crisis.
On Sept. 28, 2017, he co-sponsored a bill proposing to soften the regulations governing midsize banks like Regions. A broader bill, which included the same proposal, was approved by the Senate the following March & signed into law by President Trump that May.
Personal grift.
Personal grift.
Perdue purchased up to $260K worth of Pfizer stock between Feb. 26 & Feb. 28. On the 28th, he issued a news release reporting that he had regularly attended briefings led by the coronavirus task force; records show that he had bought the 3rd tranche of Pfizer shares that same day
The news release also emphasized that the U.S. government was expediting the development of a coronavirus vaccine. And in March, Pfizer announced its partnership with a German biotechnology company, BioNTech, to develop a coronavirus vaccine.
He had rarely traded another stock he bought in the early stages of the U.S. outbreak, DuPont, which, as a manufacturer of personal protective equipment, also stood to benefit from the coronavirus response.
(Perdue purchased some shares in DuPont on Jan. 24, the day of the Senate briefing, and additional shares later.)
Here are the other 2 articles referenced in this article: https://www.nytimes.com/2020/11/19/us/david-perdue-stock-georgia-senate.html?action=click&module=RelatedLinks&pgtype=Article
Sorry for such a long thread. That was a long article and I know not all can read it. I wanted it seen!
h/t @Technocrat21mb
I'm sticking this here since it's questioning the legality of Perdue's Cardlytics stock purchase. https://twitter.com/waltshaub/status/1334216059478548482?s=20
I'm sticking this here since it's questioning the legality of Perdue's Cardlytics stock purchase. https://twitter.com/waltshaub/status/1334216059478548482?s=20
Another related add on from earlier today: https://twitter.com/juddlegum/status/1333943860788080643
