Topic: Bezos And Other Corporate Execs Sold Billions In Stock Before COVID-19 Rocked Market
Posted by Quence

Jeff Bezos and other corporate executives across the country sold approximately $9.2 billion in shares of their own companies between early February and the end of last week, salvaging potential losses of up to $1.9 billion, according to an analysis of more than 4,000 regulatory filings by the Wall Street Journal.

The largest seller was the richest man in the world - Jeff Bezos, who sold $3.4 billion in Amazon shares the first week of February, right before the market peaked - which avoided paper losses of approximately $317 million through March 20. The sale constituted roughly 3% of his holdings - and was nearly as much stock as he sold during the previous 12 months.



Posted by ..

fake news. there are no buyers. he sold the shares to himself. he and other "executives" are laundering the money.

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