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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDonald Trump personally profited from missile-maker Raytheons stock jump after his Syria attack
While the world is dealing with both the implications and the fall-out from President Donald Trumps missile attack on a Syrian airfield on Thursday, the manufacturer of the Tomahawk missile used in the attack is seeing their stock surge which is good news for their investors including the president.
As noted by the Palmer Report, Trump owns stock in Raytheon, which was reported by Business Insider in 2015.
According to Trumps financial disclosure reports filed with the FEC in 2015, his stock portfolio includes investments in technology firms, financial institutions and defense firms, including Raytheon.
On Thursday, Trump launched an attack on the al-Shayrat military airfield, used by both Syrian and Russian military forces, hitting it with 59 Tomahawk missiles manufactured by Raytheon. Trumps attack on Syria was reportedly in response to a deadly gas attack launched by Syrian President Bashar al-Assad against his own people earlier in the week.
Read more: http://www.rawstory.com/2017/04/donald-trump-personally-profited-from-missile-maker-raytheons-stock-jump-after-his-syria-attack/
OldHippieChick
(2,434 posts)That may seem bad for an old lady, but remember I am an old hippie.
Kath2
(3,089 posts)Fuck this.
JHan
(10,173 posts)it's rare for a person to know every detail of their stock investments and I doubt pumping his stocks up was his prime motivation here.
2naSalit
(86,799 posts)Achilleaze
(15,543 posts)or patriotism. Profiteering off of a military action you order? Vile.
Roy Rolling
(6,936 posts)I would investigate every option and stock trade in Raytheon leading up to the attack and right after. How much does he own? Did he buy more?
ProudLib72
(17,984 posts)Oh, why bother.
bucolic_frolic
(43,307 posts)put options in airline stocks prior to 9/11?
No. Was it a post box in the Cayman Islands?
mopinko
(70,235 posts)where the trades were executed. he and i both know that those trades were traceable, but they were never revealed, beyond rumors that it went through, wait for it, drumphs buddies- deutsche bank
bucolic_frolic
(43,307 posts)has more meaning today than it would have 15 years ago
Very interesting
mopinko
(70,235 posts)dchill
(38,543 posts)ancianita
(36,137 posts)DK504
(3,847 posts)He and his horrible family are making money, right now, on his incompetence. So he has gone on vacations at his properties every 2.8 days.
He's also starting to charge the Secret Service for putting them up AT Mar a lameass. Are you fucking kidding me? I guess when some AG with a soul tries to bring the charges against the Orange Menace Beauregard will fire them.