Sen. Feinstein Loaded up on Biotech Stock Just Before Company Received $24 Million Gov’t Grant
Source: Big Gov
With a new congressional insider trading scandal unfolding in Washington, another name has been added to the hit parade: U.S. Senator Dianne Feinstein (D-CA).
In the new blockbuster tell-all Throw Them All Out, investigative reporter and Breitbart editor Peter Schweizer reveals that on November 18, 2009, Sen. Feinstein and her husband invested $1 million into Amyris Biotechnologies, a “green” company focused on plant-based renewable fuels and chemicals. The Feinsteins’ million-dollar investment was their only stock transaction for the entire year.
...
The company went public the following year with an IPO that raked in $85 million. Currently, it’s unclear exactly how much money Senator Feinstein and her husband made off their investment, “but it’s safe to assume that they did well,” concludes Schweizer.
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