In information that ought to hardly shock anybody: these in control of the US‘ largest corporations dumped billions of {dollars} value of shares on the inventory market simply earlier than it crashed.

High execs of public US corporations bought roughly $9.2 billion value of shares in their very own corporations between the beginning of February and the tip of final week, Wall Street Journal reports.

[Learn: On-line marketplaces are tanking worldwide – aside from Amazon]

Hundreds of insiders reportedly made related strikes. Greater than 150 executives and officers every bought not less than $1 million in firm inventory throughout February and March, after promoting no inventory in any respect within the earlier 12 months.

These numbers include no accusations of insider buying and selling (other than those levied against Republican senator Richard Barr et al.)

None made greater than Amazon‘s Jeff Bezos. He unloaded $3.four billion in Amazon shares simply earlier than the inventory market peaked in mid-February, discovered the Wall Avenue Journal, accounting for greater than a 3rd of all shares bought by prime execs.