Lanky_Pomegranate530@midwest.social to AntiTrumpAlliance@lemmy.worldEnglish · 6 months agoGood thing I don't have stock heremidwest.socialimagemessage-square23fedilinkarrow-up1168arrow-down111
arrow-up1157arrow-down1imageGood thing I don't have stock heremidwest.socialLanky_Pomegranate530@midwest.social to AntiTrumpAlliance@lemmy.worldEnglish · 6 months agomessage-square23fedilink
minus-squareÆnima@lemm.eelinkfedilinkEnglisharrow-up11·6 months agoIt was just a pump and dump to allow moneyed interests to donate to tRump without divulging them as the source. And, if they’re in the US they can write off the losses and pay less in taxes.
minus-squarehark@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·6 months agoTrump isn’t allowed to sell his shares until like 6 months so it won’t be much of a donation by that point and even less when he tries to sell.
minus-squareAlexstarfire@lemmy.worldlinkfedilinkEnglisharrow-up4arrow-down1·6 months agoThere’s all sorts of stuff he isn’t allowed to do but he does them anyway.
minus-squarehark@lemmy.worldlinkfedilinkEnglisharrow-up2·6 months agoThere are hard limitations put in place for a lock-up period. Assuming he could violate it, he’d actually face consequences in this case.
It was just a pump and dump to allow moneyed interests to donate to tRump without divulging them as the source. And, if they’re in the US they can write off the losses and pay less in taxes.
Trump isn’t allowed to sell his shares until like 6 months so it won’t be much of a donation by that point and even less when he tries to sell.
There’s all sorts of stuff he isn’t allowed to do but he does them anyway.
There are hard limitations put in place for a lock-up period. Assuming he could violate it, he’d actually face consequences in this case.