Pam Bondi Implicated in as Much as $5.5M in Insider Trading
Posted by JumpCrisscross 1 day ago
Comments
Comment by JumpCrisscross 1 day ago
Comment by morninglight 1 day ago
Comment by paulpauper 1 day ago
The deadline required a sale by early May. Nothing required a sale on the one day that mattered.
This is the crux.
Right, she had to meet a deadline in 90 days, so statically speaking, there was a 2/3 chance of selling it before April than between April-May. Also, in the 90-day window DJT stock fell from $31 to $25, but she actually happened to sell at close to the bottom, at $18.5. DJT would actually surge after she sold to $25. In other words, her timing was much closer to the bottom of the range.
Moreover, knowledge of the impending tariffs had been long public. She, along with others, presumably knew Trump would enact tariffs, but the question was, how big. I don't see much evidence of her acting on non-public information, but rather that her timing was very bad.
Comment by sgarman 1 day ago
Comment by Simulacra 1 day ago
Comment by znpy 21 hours ago
Comment by JumpCrisscross 1 day ago
This is damning timing. At the very least, it merits subpoenas and investigation. The fact that a Congressman called for as much and was ignored, without recusal, by the accused also seems to suggest corruption charges.
Comment by andrewinardeer 1 day ago
Comment by JumpCrisscross 1 day ago
Cases with a clean throughline from evidence through the offence all the way to a specific state law aren't, at least to my lay understanding, as common as the crime.
Comment by throwawaypath 1 day ago
Comment by treetalker 1 day ago
Jail ≠ prison.
Comment by throwawaypath 1 day ago
"Five months in jail for Stewart"
Comment by throwawaypath 15 hours ago
"Martha Stewart went to federal prison for something smaller than this."
Martha Stewart and her coconspirator went to jail for lying to the FBI. Not going to read an article when the first sentence gets a basic fact of the case wrong.