In information that ought to hardly shock anybody: these accountable for the US‘ greatest firms dumped billions of {dollars} price of shares on the inventory market simply earlier than it crashed.

High execs of public US firms offered roughly $9.2 billion price of shares in their very own firms 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]

1000’s of insiders reportedly made related strikes. Greater than 150 executives and officers every offered at the very least $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 (apart from 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 Road Journal, accounting for greater than a 3rd of all shares offered by prime execs.