Page 1 of 3 123 LastLast
Results 1 to 15 of 44

Thread: Trump and associates have financial stake in potential coronavirus drug

  1. #1 | Top
    Join Date
    May 2019
    Posts
    6,140
    Thanks
    2,625
    Thanked 4,590 Times in 2,877 Posts
    Groans
    88
    Groaned 937 Times in 825 Posts

    Default Trump and associates have financial stake in potential coronavirus drug

    According to a new report from The New York Times, the reason Trump could be so enthusiastic about hydroxychloroquine is because he and his associates would stand to profit from it.

    According to the report, Trump has a small personal financial interest in Sanofi, the French drugmaker that makes Plaquenil, a brand-name version of hydroxychloroquine. As of last year, Trump's three family trusts each had investments in a mutual fund whose largest holding was in Sanofi. Sanofi's largest shareholders include Fisher Asset Management, an investment company run by Trump donor Ken Fisher, and Invesco, a fund previously run by Secretary of Commerce Wilbur Ross.

    Well, there is one other possible explanation why Trump's press briefings are starting to feel like a hydroxychloroquine infomercial. Follow the money.

    According to a new report from The New York Times, the reason Trump could be so enthusiastic about hydroxychloroquine is because he and his associates would stand to profit from it.

    According to the report, Trump has a small personal financial interest in Sanofi, the French drug maker that makes Plaquenil, a brand-name version of hydroxychloroquine. As of last year, Trump's three family trusts each had investments in a mutual fund whose largest holding was in Sanofi. Sanofi's largest shareholders include Fisher Asset Management, an investment company run by Trump donor Ken Fisher, and Invesco, a fund previously run by Secretary of Commerce Wilbur Ross.

    And Chirag Patel, co-founder of Amneal Pharmaceuticals, a generic drugmaker that is preparing to manufacture hydroxychloroquine pills, is a member of Trump National Golf Course Bedminster in New Jersey and an occasional golfing buddy of Trump's, according to the report.

    https://www.metrotimes.com/news-hits...ding-to-report
    This is no surprise to anyone.
    BLUEXIT
    A Modest Proposal For Separating Blue States From Red

    Dear Red-State Trump Voter,
    Let’s face it, guys: We’re done.


    It is a tragedy that so much of the work that so many men and women toiled at for so long to make this a better country, and a better world, has been thrown away, leaving us all in such needless peril.

    This is why our separation in all but name is necessary.


    https://newrepublic.com/article/1409...mp-red-america

  2. The Following User Says Thank You to Cinnabar For This Post:

    Trumpet (04-07-2020)

  3. #2 | Top
    Join Date
    Apr 2019
    Posts
    8,809
    Thanks
    5,406
    Thanked 5,886 Times in 3,955 Posts
    Groans
    146
    Groaned 199 Times in 197 Posts
    Blog Entries
    1

    Default

    IT's a BLIND TRUST, STUPIDFUCK.


    SEE HOW DESPERATE THE TREASON-O-CRATS ARE TO KEPP THEIR "BELOVED CRISIS" GOING, NO MATTER HOW MANY AMERICANS THEIR BULLSHIT KILLS...
    .
    TRUMP WILL TAKE FORTY STATES...UNLESS THE SAME IDIOTS WHO BROUGHT US THE 2020 DUNCE-O-CRAT IOWA CLUSTERFUCK CONTINUE THEIR SEDITIOUS ACTIVITIES...THEN HE WILL WIN EVEN MORE .


    De Oppresso Liber

  4. The Following 3 Users Say Thank You to Grokmaster For This Post:

    a777pilot (04-07-2020), Earl (04-07-2020), Truth Detector (04-07-2020)

  5. #3 | Top
    Join Date
    May 2019
    Posts
    6,140
    Thanks
    2,625
    Thanked 4,590 Times in 2,877 Posts
    Groans
    88
    Groaned 937 Times in 825 Posts

    Default

    Quote Originally Posted by Grokmaster View Post
    IT's a BLIND TRUST, STUPIDFUCK.


    SEE HOW DESPERATE THE TREASON-O-CRATS ARE TO KEPP THEIR "BELOVED CRISIS" GOING, NO MATTER HOW MANY AMERICANS THEIR BULLSHIT KILLS...
    .
    You have the audacity to call anyone else stupid you gullible freak of nature. Blind Trust your dumb ass! As if...OMFG!

    Trump’s ‘blind trust’ is neither blind nor trustworthy
    https://www.washingtonpost.com/
    The Trust
    Trump is putting his assets into a trust, but not a blind one. Under the trust agreement, Trump is turning over management of the company to his adult sons, Don Jr. and Eric, and a longtime Trump executive, Allen Weisselberg.

    Trump’s lawyer who worked on the plan, Sheri Dillon with the firm Morgan Lewis, did not specify who the trust’s beneficiary is, or whether Trump still technically owns the assets in the trust, or whether he can retake the holdings when he leaves office. But it’s clear that Trump is maintaining a financial interest in the Trump Organization, which means he could still enrich himself through official actions that benefit the company.

    “This is not a blind trust — it’s not even close,” Shaub said. “The only thing it has in common with a blind trust is the label ‘trust.’”

    https://www.politico.com/story/2017/...nterest-233520
    Last edited by Cinnabar; 04-07-2020 at 12:21 PM.
    BLUEXIT
    A Modest Proposal For Separating Blue States From Red

    Dear Red-State Trump Voter,
    Let’s face it, guys: We’re done.


    It is a tragedy that so much of the work that so many men and women toiled at for so long to make this a better country, and a better world, has been thrown away, leaving us all in such needless peril.

    This is why our separation in all but name is necessary.


    https://newrepublic.com/article/1409...mp-red-america

  6. The Following User Groans At Cinnabar For This Awful Post:

    Earl (04-07-2020)

  7. #4 | Top
    Join Date
    Jan 2019
    Posts
    21,531
    Thanks
    35,273
    Thanked 10,000 Times in 7,733 Posts
    Groans
    19,982
    Groaned 1,319 Times in 1,245 Posts
    Blog Entries
    5

    Default

    A blind trust does not preclude a president from increasing the value of the blind trust assets.

  8. The Following User Says Thank You to Earl For This Post:

    Truth Detector (04-07-2020)

  9. #5 | Top
    Join Date
    May 2019
    Posts
    6,140
    Thanks
    2,625
    Thanked 4,590 Times in 2,877 Posts
    Groans
    88
    Groaned 937 Times in 825 Posts

    Default

    Quote Originally Posted by Earl View Post
    A blind trust does not preclude a president from increasing the value of the blind trust assets.
    It's not a blind trust. And a criminal enterprise does not abide by rules and regulations. Just how gullible are you groansy?
    BLUEXIT
    A Modest Proposal For Separating Blue States From Red

    Dear Red-State Trump Voter,
    Let’s face it, guys: We’re done.


    It is a tragedy that so much of the work that so many men and women toiled at for so long to make this a better country, and a better world, has been thrown away, leaving us all in such needless peril.

    This is why our separation in all but name is necessary.


    https://newrepublic.com/article/1409...mp-red-america

  10. The Following User Groans At Cinnabar For This Awful Post:

    Earl (04-07-2020)

  11. The Following User Says Thank You to Cinnabar For This Post:

    Trumpet (04-07-2020)

  12. #6 | Top
    Join Date
    Jan 2019
    Posts
    21,531
    Thanks
    35,273
    Thanked 10,000 Times in 7,733 Posts
    Groans
    19,982
    Groaned 1,319 Times in 1,245 Posts
    Blog Entries
    5

    Default

    “It's unrealistic and unfair to make Trump use a blind trust - The ...www.washingtonpost.com › opinions › 2016/11/22
    Nov 22, 2016 - Suggestions that President-elect Donald Trump put his business holdings in a “ blind trust” to avoid potential conflicts of interest are unrealistic ...”
    washingtonpost.com

    I didn’t say that Trump was using a blind trust.

    I said ‘A blind trust does not preclude a president from increasing the value of the blind trust assets.’

    Any president.

    A true statement.

  13. The Following User Says Thank You to Earl For This Post:

    Truth Detector (04-07-2020)

  14. #7 | Top
    Join Date
    Jul 2009
    Posts
    89,668
    Thanks
    5,315
    Thanked 25,108 Times in 20,051 Posts
    Groans
    2,116
    Groaned 2,160 Times in 2,056 Posts

    Default

    Cinnibun, if you get the virus refuse to take Chloroquine just to make sure that Trump doesn't make .0000035$ off you......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

  15. The Following 3 Users Say Thank You to PostmodernProphet For This Post:

    a777pilot (04-07-2020), Earl (04-07-2020), Truth Detector (04-07-2020)

  16. #8 | Top
    Join Date
    Jul 2019
    Posts
    7,483
    Thanks
    13,584
    Thanked 2,887 Times in 2,084 Posts
    Groans
    10
    Groaned 1,195 Times in 1,100 Posts
    Blog Entries
    1

    Default

    Quote Originally Posted by Grokmaster View Post
    IT's a BLIND TRUST, STUPIDFUCK.


    SEE HOW DESPERATE THE TREASON-O-CRATS ARE TO KEPP THEIR "BELOVED CRISIS" GOING, NO MATTER HOW MANY AMERICANS THEIR BULLSHIT KILLS...
    .
    Gobbledygook, do you seriously believe what an unscrupulous scum bucket the likes Trump says???????????????

  17. #9 | Top
    Join Date
    Mar 2011
    Location
    Ventura CA
    Posts
    85,934
    Thanks
    100,037
    Thanked 19,184 Times in 16,100 Posts
    Groans
    3,768
    Groaned 2,904 Times in 2,646 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by Cinnabar View Post
    This is no surprise to anyone.
    Your stupidity is never a surprise. Yes, a guy who forfeits his salary every year is only thinking of himself an enriching himself. You America hating loons on the left are too stupid to even comprehend how stupid you sound and look.
    AsshatZombie: "The unknowns of freedom can often seem scary compared to the certainty of tyranny."

    Eric Holder: “I’m still enjoying what I’m doing, there’s still work to be done,” I’m still the President’s wing-man, so I’m there with my boy.”



  18. The Following User Says Thank You to Truth Detector For This Post:

    Earl (04-07-2020)

  19. #10 | Top
    Join Date
    Jul 2019
    Posts
    7,483
    Thanks
    13,584
    Thanked 2,887 Times in 2,084 Posts
    Groans
    10
    Groaned 1,195 Times in 1,100 Posts
    Blog Entries
    1

    Default

    Why doesn't this surprise me?????????????????

  20. #11 | Top
    Join Date
    May 2019
    Posts
    6,140
    Thanks
    2,625
    Thanked 4,590 Times in 2,877 Posts
    Groans
    88
    Groaned 937 Times in 825 Posts

    Default

    Quote Originally Posted by Earl View Post
    “It's unrealistic and unfair to make Trump use a blind trust - The ...www.washingtonpost.com › opinions › 2016/11/22
    Nov 22, 2016 - Suggestions that President-elect Donald Trump put his business holdings in a “ blind trust” to avoid potential conflicts of interest are unrealistic ...”
    washingtonpost.com

    I didn’t say that Trump was using a blind trust.

    I said ‘A blind trust does not preclude a president from increasing the value of the blind trust assets.’

    Any president.

    A true statement.
    And henceforth, the orange POS who should have been an abortion, is pushing snake oil for his personal profit. And THAT is the subject of then thread groaner!
    BLUEXIT
    A Modest Proposal For Separating Blue States From Red

    Dear Red-State Trump Voter,
    Let’s face it, guys: We’re done.


    It is a tragedy that so much of the work that so many men and women toiled at for so long to make this a better country, and a better world, has been thrown away, leaving us all in such needless peril.

    This is why our separation in all but name is necessary.


    https://newrepublic.com/article/1409...mp-red-america

  21. #12 | Top
    Join Date
    Mar 2011
    Location
    Ventura CA
    Posts
    85,934
    Thanks
    100,037
    Thanked 19,184 Times in 16,100 Posts
    Groans
    3,768
    Groaned 2,904 Times in 2,646 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by Cinnabar View Post
    You have the audacity to call anyone else stupid you gullible freak of nature. Blind Trust your dumb ass! As if...OMFG!
    POLITICO???? What a tool.

    AsshatZombie: "The unknowns of freedom can often seem scary compared to the certainty of tyranny."

    Eric Holder: “I’m still enjoying what I’m doing, there’s still work to be done,” I’m still the President’s wing-man, so I’m there with my boy.”



  22. #13 | Top
    Join Date
    Mar 2011
    Location
    Ventura CA
    Posts
    85,934
    Thanks
    100,037
    Thanked 19,184 Times in 16,100 Posts
    Groans
    3,768
    Groaned 2,904 Times in 2,646 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by Trumpet View Post
    Gobbledygook, do you seriously believe what an unscrupulous scum bucket the likes Trump says???????????????
    I am amused that you don't think you're an unscrupulous, lying scum bucket.
    AsshatZombie: "The unknowns of freedom can often seem scary compared to the certainty of tyranny."

    Eric Holder: “I’m still enjoying what I’m doing, there’s still work to be done,” I’m still the President’s wing-man, so I’m there with my boy.”



  23. #14 | Top
    Join Date
    Jan 2019
    Posts
    21,531
    Thanks
    35,273
    Thanked 10,000 Times in 7,733 Posts
    Groans
    19,982
    Groaned 1,319 Times in 1,245 Posts
    Blog Entries
    5

    Default

    Quote Originally Posted by Truth Detector View Post
    Your stupidity is never a surprise. Yes, a guy who forfeits his salary every year is only thinking of himself an enriching himself. You America hating loons on the left are too stupid to even comprehend how stupid you sound and look.
    Indeed.

    I read that his wealth has decreased by 1 billion dollars even before this Coronavirus.

  24. The Following User Says Thank You to Earl For This Post:

    Truth Detector (04-07-2020)

  25. #15 | Top
    Join Date
    Sep 2017
    Posts
    12,431
    Thanks
    77
    Thanked 4,435 Times in 2,967 Posts
    Groans
    2
    Groaned 783 Times in 737 Posts
    Blog Entries
    2

    Default

    Quote Originally Posted by Grokmaster View Post
    IT's a BLIND TRUST, STUPIDFUCK.


    SEE HOW DESPERATE THE TREASON-O-CRATS ARE TO KEPP THEIR "BELOVED CRISIS" GOING, NO MATTER HOW MANY AMERICANS THEIR BULLSHIT KILLS...
    .
    Got a lik to that, honey bee? I don't think so

Similar Threads

  1. Replies: 0
    Last Post: 04-04-2020, 07:45 AM
  2. Replies: 14
    Last Post: 03-26-2020, 10:46 AM
  3. Coronavirus could lead to drug shortages in US
    By guno in forum Current Events Forum
    Replies: 1
    Last Post: 02-28-2020, 10:55 AM
  4. APP - another schedule 1 drug with potential medicinal effect requires special license
    By Don Quixote in forum Above Plain Politics Forum
    Replies: 0
    Last Post: 04-06-2013, 06:12 PM
  5. S&P Warns of Potential Financial Meltdown
    By Canceled2 in forum Current Events Forum
    Replies: 12
    Last Post: 05-09-2011, 11:41 AM

Bookmarks

Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •