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re: "We deserve to know how Trump made money after taking his media company public"

Posted on 3/26/24 at 10:40 pm to
Posted by GeauxtigersMs36
The coast
Member since Jan 2018
7711 posts
Posted on 3/26/24 at 10:40 pm to
He took a company he owned public and his asset value shot up?
Posted by PGAOLDBawNeVaBroke
Member since Dec 2023
599 posts
Posted on 3/26/24 at 11:07 pm to
Go f yourself Brian. You want to understand it? It’s easy, you own equity, the equity value goes up, you make money. Dumb shite
This post was edited on 3/27/24 at 8:36 pm
Posted by bountyhunter
North of Houston a bit
Member since Mar 2012
6326 posts
Posted on 3/26/24 at 11:14 pm to
quote:

We deserve to know how Trump made money

I'm sure he made the money on this deal as he has all of his others. Inflated the actual value of the asset before actually making plays with the asset. Happens in real estate and venture capitalism every day, but tell me why they are so obsessed with this particular deal.

Also, libs might not want to scratch at the paint on this one too hard, the entire VC tech industry is run by hardline liberals, they might not look so shiny after all is said and done.
This post was edited on 3/26/24 at 11:19 pm
Posted by tgerb8
Huntsvegas
Member since Aug 2007
5968 posts
Posted on 3/27/24 at 12:12 am to
quote:

This is likely the biggest financial windfall for a politician in world history.


I take the trash out. I'm not a trash man..
Trump isn't a politician. That's why he's so refreshing.
Posted by LemmyLives
Texas
Member since Mar 2019
6403 posts
Posted on 3/27/24 at 12:57 am to
Ok, so severely underestimate real estate, which has physical value. And social media companies have what, besides volatile advert revenue?
I wouldn't use VCs as any sort of integrity shield for your argument. There have been enough movies and TV shows made about their nature for over a decade, at least.
Posted by NytroBud
LaFayette
Member since Jun 2009
4047 posts
Posted on 3/27/24 at 5:05 am to
Trumps a private citizen at the moment...Brian can eat a bag of dicks
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
59611 posts
Posted on 3/27/24 at 5:42 am to
Taking a private company public will do that for a principal shareholder.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
259940 posts
Posted on 3/27/24 at 5:45 am to
quote:

We deserve


No you dont
Posted by Lutcher Lad
South of the Mason-Dixon Line
Member since Sep 2009
5726 posts
Posted on 3/27/24 at 8:16 am to
BoY! Good thing Trump doesn't have to pay rent to all the hoes and bros that he is currently an occupant in their heads.
He'd really go broke.

GEAUX TRUMP....GEAUX TRUMP....GEAUX TRUMP
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89483 posts
Posted on 3/27/24 at 8:24 am to
quote:

Brian Schatz says that if it's true that Trump's net worth has shot up by billions of dollars, the public deserves a "detailed and transparent" explanation.


How about this? He was ushered out of office in January 2021, with the explicit help of social media companies (among others), maligned and hounded to the ends of the Earth (at least legally and financially by the weight of the Federal DOJ and various state prosecutors), started his own social media company to be a sole, lone voice for the opposition and made money in that effort.

It...isn't...complicated...at...all.
Posted by bayouvette
Raceland
Member since Oct 2005
4715 posts
Posted on 3/27/24 at 9:02 am to
This is the new angle to go after trump before elections. He is broke so if he gets money it must be from Russia! National security threat! He can be bribed.
Posted by Plx1776
Member since Oct 2017
16175 posts
Posted on 3/27/24 at 9:22 am to
I'm concerned about people like Pelosi, who have been politicians most of their adult lives... how they became millionaires. It's weird how so many like Pelosi, who frequently get insider information, have family members who strike it rich on the stock market.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
421771 posts
Posted on 3/27/24 at 9:24 am to
I mean this takes a couple of words:

"He owns a lot of stock in a company that's surging in value"

Posted by ole man
Baton Rouge
Member since Nov 2007
11680 posts
Posted on 3/27/24 at 9:34 am to
How much are you worth Brian lets see how much you've made since being a public servant, Trump a private citizen you Twat. Lets look at your financials, you frickin Dweeb.
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