The Perdue trading scandal just got a lot bigger

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Gage Skidmore / Flickr David Perdue...
Gage Skidmore / Flickr

The Perdue trading scandal just got a lot bigger. The Daily Beast reports:

Earlier this year, Sen. David Perdue (R-GA) personally directed his wealth advisor to sell off $1 million worth of stock in a financial company before its share price cratered, The New York Times reported on Wednesday—a finding that flies in the face of Perdue’s repeated insistence that he has no input whatsoever over his considerable investment portfolio. […]

Through it all, Perdue’s office has stated that the senator has no influence at all on his investment portfolio because an independent financial adviser conducts stock transactions without his input. […]

But that appears to not be true. On Wednesday, the Times reported that Perdue was investigated by the Department of Justice as it probed possible insider trading from a number of lawmakers over their investment activity around the coronavirus spread. That investigation found that an executive at an Atlanta-based company called Cardlytics, where Perdue had previously served on the board, mistakenly sent Perdue a vague email in January saying changes were coming to the company.

The Times reported that after receiving that email Perdue contacted Robert Hutchinson, his investment advisor at Goldman Sachs, and directed him to sell more than $1 million worth of stock in Cardlytics, or about 20 percent of his holdings in the company.

This proofs that Perdue lied to the public for months on multiple occasions. And now each investigative journalist is on his heels. Surely, more to come…

What does Jon Ossoff say about it? I’m glad you asked!

“Like I said” refers to their televised debate. If you haven’t seen it, here is that beautiful clip:

Do you want a Senator more interested in being a public servant than as rich as possible? You can donate to the campaign of Jon Ossoff via ActBlue.

 

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4 Comments on "The Perdue trading scandal just got a lot bigger"

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Inzane
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Inzane

Would taxpayers really want this slippery snake
working for them?

Patriot Pete
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Patriot Pete

This rich prick and Loeffler sidekick get more rich while average Georgians lose their jobs, have to file for unemployment which has run out and these rich pricks refuse to meet so as to pass another COVID-19 relief bill. Vote them out, please Georgians.

Newdem
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Newdem

Please God

Nicole
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Nicole

Who is still voting for this clown!