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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"In a normal administration, this would be a huge scandal,"
https://www.rawstory.com/trump-2674341799/Buried within a mountain of financial disclosures made public recently is a potentially multi-million-dollar purchase made by President Donald Trump between August and October, a purchase that has left some critics stunned by its lack of news coverage.
"In a normal administration, this would be a huge scandal, wrote journalist and political commentator Molly Jong-Fast in a social media post on Tuesday on X.
The purchase was, according to a report Tuesday from The New York Times, for between $1 million and $5 million worth of corporate debt of the technology company Intel. The disclosure was published amid the Trump administrations decision to secure a more than $11 billion stake in the company, making the U.S. government hold 10% of the companys stock.
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"In a normal administration, this would be a huge scandal," (Original Post)
BlueWaveNeverEnd
Wednesday
OP
Bluetus
(2,026 posts)1. Not scandal -- CRIME. Insider trading is a crime
And this crime had nothing to do with Trump's official duties. He had no official duty to purchase Intel stock on his own account, knowing that it was likely to double from $20 to over $40 just as soon as Trump ILLEGALLY put billions of taxpayers dollars into the stock.
Look at the trading action in September
https://finance.yahoo.com/quote/INTC/
B.See
(7,464 posts)2. Mofo thinks he's a comedian now. But
only ones laughing are he and his komrades .. all the way to the fkn bank.
LOCK EM UP.
Response to BlueWaveNeverEnd (Original post)
Silent Type This message was self-deleted by its author.
Initech
(107,016 posts)4. These assholes are everywhere, in everything, meddling in everyone's business.
This is complete fucking insanity. It needs to be stopped and they need to be in prison.
Figarosmom
(9,266 posts)5. I would call The New York Times
COMPROMISED.