[EL] Sen. Bob Corker Profits on Quick Stock Trades

[James Grimaldi]

Sen. Bob Corker makes fortuitous stock trades in a Chatanooga, Tenn.
real-estate company he knows well. on.wsj.com/1RtL8Dj
<https://t.co/WMGfktsXul>
pic.twitter.com/N592yqZPOe <https://t.co/N592yqZPOe>

Mr. Corker purchased between $1 million and $5 million in shares of the
firm, CBL & Associates Properties <http://quotes.wsj.com/CBL> Inc.,CBL-0.81%
<http://quotes.wsj.com/CBL> in late 2011 and sold them five months later
for a 42% gain. A pair of purchases in 2009 in accounts in the name of his
daughters likely netted more than $1 million, though in that case the exact
gain is impossible to calculate.

Mr. Corker disclosed these stock purchases only recently after questions
from The Wall Street Journal about apparent discrepancies in his Senate
financial-disclosure reports. Congressional ethics rules require lawmakers
to make public their financial investments in broad ranges each year.



James V. Grimaldi

Senior Writer

The Wall Street Journal

O: (202) 862-6665

M: (202) 439-0104

https://www.facebook.com/wpjamesvgrimaldi

@jamesvgrimaldi
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