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Sun Jun 9, 2019, 01:30 PM

Fineman: Are Trump's businesses/family profiting from insider knowledge of his pending tweets?

I've been wondering about this, too.

Tweet from Howard Fineman, minutes ago:






My twitter feed is asking a legitimate question: are @realDonaldTrump’s businesses and family profiting from insider knowledge of his pending — market-moving — tweets, comments and bargaining stands? My guess would be yes. The real questions are: who is doing it for him and how?




I've been wondering about this for quite a while. But of course we now know, from the bombshell NYT story a month ago about Trump's finances in the 1980s and 1990s, that Trump did this sort of thing in the past:


https://www.msn.com/g00/en-us/news/us/5-takeaways-from-10-years-of-trump-tax-figures/ar-AAB2BDR?i10c.ua=2&i10c.encReferrer=aHR0cHM6Ly93d3cuZGVtb2NyYXRpY3VuZGVyZ3Jvd%575kLmNvbS8%3d&i10c.dv=10



4. He made millions posing as a corporate raider — until investors realized he never followed through

For a time, Mr. Trump was able to stave off his coming collapse with the help of a new public role: He traded on his business-titan brand to present himself as a corporate raider. He would acquire shares in a company with borrowed money, suggest publicly that he was contemplating a takeover, then quietly sell on the resulting bump in the stock price. An occasional quote from a high-profile associate helped burnish the myth.

“He has an appetite like a Rocky Mountain vulture,” his stockbroker, Alan C. Greenberg, told The Wall Street Journal in 1987. “He’d like to own the world.”

From 1986 through 1989, Mr. Trump declared $67.3 million in gains from stocks and other assets bought and sold within a year.

But ultimately, the figures show, he lost most, if not all, of those gains after investors stopped taking his takeover talk seriously.




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Reply Fineman: Are Trump's businesses/family profiting from insider knowledge of his pending tweets? (Original post)
highplainsdem Jun 9 OP
GemDigger Jun 9 #1
lunatica Jun 9 #4
pnwest Jun 9 #9
lunatica Jun 9 #13
greatauntoftriplets Jun 9 #2
SWBTATTReg Jun 9 #3
hlthe2b Jun 9 #5
Wellstone ruled Jun 9 #6
MagickMuffin Jun 9 #7
sop Jun 9 #8
global1 Jun 9 #15
dalton99a Jun 9 #10
Mr.Bill Jun 9 #11
extvbroadcaster Jun 9 #12
Cosmocat Jun 10 #19
Kid Berwyn Jun 9 #14
Skittles Jun 9 #16
uponit7771 Jun 10 #17
Mike Niendorff Jun 10 #18

Response to highplainsdem (Original post)

Sun Jun 9, 2019, 01:34 PM

1. No need to wonder. I know he is. I know they are. I know they are using Fort Knox to help

them along. I knew he/they were cons decades ago.


I want to know how much he is making off of these "kids in cages" monstrosity.

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Response to GemDigger (Reply #1)

Sun Jun 9, 2019, 01:46 PM

4. We better have a strong stomach when we find out

because the corruption will be seen to be very widespread. If it already makes us sick now, just wait till the entire truth is exposed. And it will be exposed.

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Response to lunatica (Reply #4)

Sun Jun 9, 2019, 02:41 PM

9. Will it though? Please God let it be

so, that the entire truth is exposed. But I’m losing faith that most of it will come to light, or ANY of it end up prosecuted. In my lowest lows, I’m convinced he’s gonna get away with it all.

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Response to pnwest (Reply #9)

Sun Jun 9, 2019, 04:35 PM

13. In the end the truth does come out

Even if it takes years. Somewhere there is documentation showing the facts. Memos, email, contracts, someone who can’t live with what they were a part of, someone who was put in the cages remembers, someone gets indicted and they decide to cooperate, the FOIA, revenge. This is way too extensive for it to be kept a secret.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 01:38 PM

2. I'm certain that they are.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 01:46 PM

3. This is one reason why he's hiding his tax returns from the public...all fraud and full of ...

lies re. deductions, income, etc. All lies.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 01:58 PM

5. Is Putin KGB?

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 02:00 PM

6. From reading postings on message boards

dealing especially with the Auto Sector,there is a distinct smell of tit for tat . The Futures sure look like a couple of Hedgie's are playing this big time.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 02:00 PM

7. Of course they are, I've been saying this for a while now


Anybody who isn't aware will wake up one day, because this is real.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 02:14 PM

8. Don Jr. and Eric Trump were originally supposed to maintain a total firewall between Trump

and the running of the family's businesses. Trump announced this arrangement with great fanfare before taking office, in response to criticism and ethical concerns raised. Since then, Don Jr. has been a regular fixture on cable tv and twitter, explaining and defending his father's policies, and attacking his father's political enemies.

Don Jr. recently admitted "there is no barrier between President Trump and his businesses." Trump’s sons are supposed to keep him away from his businesses, but according to them, they "talk frequently." Ivanka and Jared are members of the administration, with top security clearances.

Does anyone really believe these tariffs, and other juicy insider trading information, aren't routinely shared with Trump's family, his big donors and all the other hangers-on down at Mar-a-Lago?

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Response to sop (Reply #8)

Sun Jun 9, 2019, 05:26 PM

15. The Mar-A-Lago Members Get Tipped Off By His Tweets &....

make a killing on the stock market - watching and knowing its gonna tank when he says he's gonna put a tariff on a country - then a few days later when he backs off the market recovers. They make money in both instances. Trump can then benefit by their good fortune by raising their membership fees and by having them pay to come to Mar-A-Lago parties. Everybody wins.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 02:44 PM

10. DUH.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 03:44 PM

11. Republicans, all of them,

get elected so they can steal everything they can and destroy what they can't steal.

In that sense Trump is the same as the rest of them. He's just been doing it longer and is better at it.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 03:53 PM

12. I've been thinking that for awhile

Trump can't believe his luck. Not only can he get tax law written to benefit him, he can pressure the fed for lower interest rates and of course tweet and then back off causing swings in the market. It would not surprise me if Trump had some cronies that he tipped off so they would buy and sell stock indexes ahead of his tweets. It is too uniform. He tweets there is no deal, markets tank. A few days later, deal and markets rebound. You can't put anything past Trump.

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Response to extvbroadcaster (Reply #12)

Mon Jun 10, 2019, 06:29 AM

19. Ive been telling people this since ge started up with ut

A few months in office.

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 04:55 PM

14. "You mean people can make money when stocks go down?"

“Who knew?”



“Best way to rob a bank is to own one.” — William K. Black

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Response to highplainsdem (Original post)

Sun Jun 9, 2019, 11:22 PM

16. EVERYONE KNOWS Trump and his entire fucking familing are GRIFTERS

WHY IS NO ONE DOING ANYTHING ABOUT IT

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Response to highplainsdem (Original post)

Mon Jun 10, 2019, 04:28 AM

17. Yes, this is the reason he tanks the market with frequent trade war talk

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Response to highplainsdem (Original post)

Mon Jun 10, 2019, 04:33 AM

18. The most obvious (and recent) example :

If (as reported) the latest "deal" was already agreed to BEFORE he started his "tariffs on Mexico" stunt, then it begs a very specific question :

Since that PR stunt SUBSTANTIALLY affected financial markets (and since he had already pre-negotiated the outcome), how us this ANYTHING other than BLATANT MARKET MANIPULATION?

It's time to see his financials.

ALL OF THEM.

NOW.



MDN

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