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Thread: Trump has no problem letting billionaires profit off the pandemic

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    Default Trump has no problem letting billionaires profit off the pandemic

    Trump is also ignoring laws that ban trades on insider information. The White House is distributing billions in subsidies and loans to select corporations – enabling CEOs and boards to load up on stocks and stock options just before deals are announced, then rake in fat profits after stock prices surge.

    Insiders from at least 11 companies have sold shares worth over $1bn after such announcements, according to an analysis by the New York Times.

    https://www.theguardian.com/commenti...f-the-pandemic

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    Guno צְבִי (08-09-2020)

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    Default The race for a coronavirus vaccine is making some corporate insiders very rich.

    Across the pharmaceutical and medical industries, senior executives and board members are making millions of dollars after announcing positive developments, including support from the government, in their efforts to fight Covid-19.

    After such announcements, insiders from at least 11 companies — most of them smaller firms whose fortunes often hinge on the success or failure of a single drug — have sold shares worth well over $1 billion since March, according to figures compiled for The New York Times by Equilar, a data provider.

    https://www.nytimes.com/2020/07/27/b...very-rich.html

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    Quote Originally Posted by jacksonsprat22 View Post
    Trump is also ignoring laws that ban trades on insider information. The White House is distributing billions in subsidies and loans to select corporations – enabling CEOs and boards to load up on stocks and stock options just before deals are announced, then rake in fat profits after stock prices surge.

    Insiders from at least 11 companies have sold shares worth over $1bn after such announcements, according to an analysis by the New York Times.

    https://www.theguardian.com/commenti...f-the-pandemic
    And yet, you have no problem with Democrat pork in the "stimulus" spending. Shut the fuck up retard.
    Every life matters

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    Quote Originally Posted by countryboy View Post
    And yet, you have no problem with Democrat pork in the "stimulus" spending. Shut the fuck up retard.
    Much less the trillions to friends of BO ?
    "Those who vote decide nothing. Those who count the vote decide everything." Joseph Stalin
    The USA has lost WWIV to China with no other weapons but China Virus and some cash to buy democrats.

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