meta_pixel
Tapesearch Logo
Log in
It's Complicated

Senators Dump Their Stock: Was It Insider Trading? (with Michael Schachter)

It's Complicated

Renato Mariotti

News, News Commentary, Politics

4.81K Ratings

🗓️ 24 March 2020

⏱️ 51 minutes

🧾️ Download transcript

Summary

Renato discussed whether Senator Richard Burr (R-N.C.) and other Senators engaged in insider trading when they sold stock after receiving confidential coronavirus briefings. He was joined by former federal prosecutor Michael Schachter, who prosecuted Martha Stewart and has handled many well-known insider trading cases.

Transcript

Click on a timestamp to play from that location

0:00.0

M.S. W. Media.

0:10.0

Republican Senator Richard Burke and three other senators sold large amounts of stock while they were

0:16.8

receiving confidential briefings about the coronavirus.

0:21.3

Is this insider training? Let's Renato Mariati. I'm a former federal

0:47.1

prosecutor, a practicing lawyer, and a CNN legal analyst.

0:52.7

I'm usually joined by my friend Patty Vasquez and I want to take a moment now to tell all of you

0:59.2

we did have the election here in Illinois this past Tuesday. It doesn't look like Patty was

1:05.7

victorious in that election although the votes are still getting counted, some of

1:09.7

the absentee ballots and so forth. And she will, I just spoke to Betty this morning, she will I just spoke to bady this morning she will be joining us in the future

1:16.1

but you can understand at this point that she wants to spend a little bit of time

1:20.0

with her family before rejoining us on the podcast. But Patty Vasquez is doing well and she's got a great future

1:30.0

ahead of her. And the good news, the upside for all of us is she will be joining us on the

1:34.3

podcast soon. Today we got a really great episode for you but before we get to the

1:40.0

episode in our very special guest, let me first thank our patrons who brought us

1:46.1

this episode. With special thanks to Ariel Blocker, Michelle Dew, Eric

1:52.4

DeWurst, Edi, James Frommeyer, Jay Gellhausen, Jamie Gordon, Steve Hungsburg,

2:01.0

Shania Wachinskyinsky and an anonymous patron. You too can become a patron on our

2:07.0

website on topic podcast.com. Just click the support link at the top of the page.

2:14.0

You may notice this week that the sound quality is a little different than usual

2:18.0

and that's because we are not in the studio this week and we aren't going to be in the studio for the foreseeable future given the unfortunate pandemic we're all facing.

2:28.0

And given that we're all doing this remotely, the sound quality may be a little bit different but we've done everything we can to keep the

2:35.3

quality as high as possible so you can enjoy this this podcast even during this pandemic.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Renato Mariotti, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Renato Mariotti and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.