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Susan Rice ordered to sell $2.7M stake in oil pipeline company after project moves forward
NY Post ^ | 07/16/2021 | Steven Nelson

Posted on 07/16/2021 12:40:33 PM PDT by ChicagoConservative27

President Biden’s adviser Susan Rice is being ordered to sell a $2.7 million stake in the oil pipeline company Enbridge — after the Biden administration decided to allow the firm’s Line 3 pipeline project.

The Office of Government Ethics ordered Rice to divest from the company on July 9, according to filings first reported by Fox Business.

Although Biden has broadly taken action against oil pipelines, most notably canceling the Keystone XL oil pipeline, his administration has continued to allow the Line 3 project, which would bring Canadian oil through Minnesota to Wisconsin.

Environmental activists oppose the Line 3 project, but the cause has received far less national attention than other pipelines.

Last month, Biden administration officials indicated they would not withdraw permission for Line 3 in a major boon for the company.

(Excerpt) Read more at nypost.com ...


TOPICS: Crime/Corruption; Culture/Society; Government; News/Current Events
KEYWORDS: oil; rice; sell; stake; susanrice
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Insider trading once again.
1 posted on 07/16/2021 12:40:33 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

Green New Deal for thee and not for me. 2.7 million.

One is a bigger hypocrite than the other.


2 posted on 07/16/2021 12:43:02 PM PDT by headstamp 2 (Socialism- Institutionalized Deprivation)
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To: ChicagoConservative27

Isn’t it funny that these people who spend their time attacking capitalism are completely immersed in it? One would almost think that they didn’t actually believe their own rhetoric but are merely using it to scam the suckers.


3 posted on 07/16/2021 12:43:51 PM PDT by Seruzawa (The political Left is the Garden of Eden of Incompetence - Marx the Smarter (Groucho))
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To: ChicagoConservative27

I noticed she was ordered to sell the stock after the positive announcement was made and the stock moved up. This is a clear case of insider trading.

Our criminal masters can engage in insider trading while citizens cannot.


4 posted on 07/16/2021 12:44:51 PM PDT by wildcard_redneck ( COVID lockdowns are the Establishment's attack on the middle class and our Republic )
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To: ChicagoConservative27

How can so many Americans be fooled by these grifters? Sleep at the wheel.


5 posted on 07/16/2021 12:45:02 PM PDT by Tommy Revolts
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To: ChicagoConservative27

Sounds like Green Energy to me. 2.7 million of it.

Effing hypocrites, the whole lot.


6 posted on 07/16/2021 12:45:47 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: ChicagoConservative27

Sold AFTER the deal was approved?


7 posted on 07/16/2021 12:46:05 PM PDT by Fido969 ( Scas the Senate )
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To: ChicagoConservative27

What an astute investor eh? Just like nanzi’$ husband. Guess they don’t have enough yet. 😱😕


8 posted on 07/16/2021 12:46:13 PM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this?)
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To: ChicagoConservative27

9 posted on 07/16/2021 12:46:58 PM PDT by conservative98
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To: Seruzawa

>>Isn’t it funny that these people who spend their time attacking capitalism are completely immersed in it?

It’s not gambling when you run the casino and stack the deck.

This is not Capitalism. It is crony Fascism.


10 posted on 07/16/2021 12:47:09 PM PDT by a fool in paradise (Lean on Joe Biden to follow Donald Trump's example and donate his annual salary to charity.)
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To: ChicagoConservative27

Ordered to take a large profit - how horrible!


11 posted on 07/16/2021 12:47:42 PM PDT by Billthedrill
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To: ChicagoConservative27

The principals of the Keystone Pipeline need to compel the Biden administration to explain the difference between these two pipelines in court. Looks to me like the Rats are playing unethical favorites again. . . then again, they wouldn’t be Rats unless they were unethical.


12 posted on 07/16/2021 12:48:19 PM PDT by RatRipper ( Democrats and socialists are vile liars, thdieves and murderers - enemies of good and America.)
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To: ChicagoConservative27

Why didn’t they make her sell it before it was approved?

Never mind, we can guess the answer.


13 posted on 07/16/2021 12:48:25 PM PDT by nh1 (Live Free or Die - not anymore)
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To: Billthedrill
Ordered to take a large profit - how horrible!

Yes. You sell that stock immediately, we don't care how much you make on it!

14 posted on 07/16/2021 12:49:58 PM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: ChicagoConservative27

How the hell did she amass a $2.7 MILLION stake in ONE company? Why would this ardent radical leftist have invested in fossil fuel in the first place?

She’s been in government “service” forever and has a “nothing” inflated resume so typical of people in DC (a lot like Harris and Biden). Nothing here would suggest she ever made a lot of money:
* 2 years at McKinsey
* National Security Council
* Assistant Secretary of State for African Affairs
* Senior fellow at the Brookings Institution
* U.S. ambassador to the U.N.
* Chief Prevaricator for the 2012 Benghazi attack
* U.S. National Security Advisor
* Distinguished Visiting Research Fellow in the School of International Service (SIS) at American University
* Director of Domestic Policy Council


15 posted on 07/16/2021 12:50:24 PM PDT by ProtectOurFreedom (“Criminal democrats kill babies, folks. Do you think anything else is a problem for them?” ~ joma89)
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To: wildcard_redneck

Dem-Sider Trading


16 posted on 07/16/2021 12:53:56 PM PDT by AbolishCSEU (Amount of "child" support paid is inversely proportiongte tfo mother's actual parenting of children)
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To: ChicagoConservative27

Susan Rice is a quintessential swamp creature whose career started in the Clinton Administration, and Obama administration, working in State and National Security council. When Democrats were out of power, they found her sinecures at think tanks like Brookings or at leftist puppy-mills like American University.

I don’t see she ever worked for private business and certainly not in energy. She’s now working for Joe Biden with a salary of $180K/year. Her husband seems to be a mid-level ABC news executive.

HOW did she ever accumulate $2.7 million in Enbridge stock??


17 posted on 07/16/2021 12:55:07 PM PDT by PGR88
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To: ChicagoConservative27

And yet:
https://www.digitalcameraworld.com/news/is-kodak-the-ultimate-comeback-kid

Rules for thee but not for me.


18 posted on 07/16/2021 12:55:08 PM PDT by AbolishCSEU (Amount of "child" support paid is inversely proportiongte tfo mother's actual parenting of children)
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To: ChicagoConservative27

Susan is busy, cooking that Dirrty Rice!


19 posted on 07/16/2021 12:58:17 PM PDT by lee martell
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To: ChicagoConservative27

Does 10% of her profit go to the big guy?


20 posted on 07/16/2021 12:58:54 PM PDT by TChad (The MSM, having nuked its own credibility, is now bombing the rubble.)
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