Matt Levine, Columnist

Senators Picked a Good Time to Sell Stocks

Also money market funds, dining bonds and masked bank robbers.

March 20, 2020 at 11:59 AM EDT

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Here you go:

It’s good timing. The reports disclose a lot of sales and no purchases, all on the same day, including “unloading substantial shares of Wyndham Hotels and Resorts and Extended Stay America,” particularly bad stocks to own during a plague. Sure, a little fishy. Also here is an amazing “rebuttal”:

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