General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump buys Netflix debt worth up to $1.25 million amid WBD sale
President Donald Trump added more Netflix bonds to his financial portfolio, totaling up to $1.25 million, amid the streamer's bidding war for Warner Bros. Discovery.
According to financial disclosures released by the White House Wednesday, the president bought two tranches of Netflix bonds. The first was purchased on Jan. 2 and valued between $500,001 to $1,000,000. The second tranche was valued between $100,001 and $250,000 and purchased on Jan. 20, tallying the president's new investments in the company between $600,002 and $1.25 million.
The recent financial disclosure was signed by the president Feb. 26, the same day Netflix withdrew its offer to acquire WBD.
The Netflix bond purchases were two of the president's 83 transactions made in the month of January. Trump also purchased two tranches of SiriusXM bonds, totaling between $600,002 and $1.25 million.
https://www.msn.com/en-us/money/companies/president-trump-buys-netflix-debt-worth-up-to-1-25-million-amid-wbd-sale/ar-AA1XxkJY
Why aren't your assets put in a blind trust like other presidents did during their terms?
UpInArms
(54,713 posts)The guardians of pedophiles would have forced its sale
NCDem47
(3,410 posts)So the Republicans are all good on next Democratic president making money and placing transactions while in office?
Ilikepurple
(571 posts)Until this term I believe he was more an issuer of debt than a holder. My how his portfolio has grown as his financial tides have turned.
Baitball Blogger
(52,138 posts)Americanme
(463 posts)and adding to his billions, he could devote his time to learning how to run a country. Cuz he sure don't know yet.
Bettie
(19,577 posts)is he going to screw over both Netflix and Sirius (which I have exclusively for Progress channel).
And I NEVER want to hear another word from any republican about corruption. NEVER.