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Draining the swamp: Trump's close friend dumped steel-related stock before the tariffs
Posted on 3/2/18 at 6:40 pm
Posted on 3/2/18 at 6:40 pm
quote:
Billionaire investor and longtime Trump confidant Carl Icahn dumped $31.3 million of stock in a company heavily dependent on steel last week, just days before Trump announced plans to impose steep tariffs on steel imports.
Trump’s announcement tanked the market, with steel-dependent stocks hardest hit. The stock value of Manitowoc, the firm from which Icahn bailed, plunged, losing about 6 percent of its value.
Impeccable timing, indeed.
LINK
32
Posted on 3/2/18 at 6:41 pm to Rex
Dude, did you listen to his campaign speeches?
Anyone who did knew this was coming.
Anyone who did knew this was coming.
Posted on 3/2/18 at 6:41 pm to Rex
quote:
Rex
You’ll get credibility the second you start posting threads about the Obama friends and green energy taxpayer funding
Posted on 3/2/18 at 6:41 pm to Rex
Most corrupt administration in American history.
Posted on 3/2/18 at 6:42 pm to Rex
An ice machine company?
Half of manufacturing depends on steel and aluminum. Did Ichan dump his stock in all companies using those materials, or are you cherry picking data?
Half of manufacturing depends on steel and aluminum. Did Ichan dump his stock in all companies using those materials, or are you cherry picking data?
Posted on 3/2/18 at 6:42 pm to TrueTiger
quote:
Dude, did you listen to his campaign speeches?
Anyone who did knew this was coming.
Rex isn’t a thinker.
Posted on 3/2/18 at 6:42 pm to Rex
What a sad lil furry you are
Posted on 3/2/18 at 6:42 pm to cokebottleag
quote:
An ice machine company?
Posted on 3/2/18 at 6:43 pm to Toddy
quote:
Most corrupt administration in American history
quote:
Toddy
This post was edited on 3/2/18 at 7:28 pm
Posted on 3/2/18 at 6:45 pm to cokebottleag
quote:
An ice machine company?
Shows how little you know about American industry.
Posted on 3/2/18 at 6:45 pm to Rex
Trump's money laundering is coming under increasing scrutiny, so I guess insider trading is the next best thing.
I wonder what's next?
Candy from babies, I guess
I wonder what's next?
Candy from babies, I guess
Posted on 3/2/18 at 6:46 pm to Rex
Who wants to own steel in an msm predicted impending doom economy?
Posted on 3/2/18 at 6:46 pm to Rex
ThinkProgress horse shite
Posted on 3/2/18 at 6:47 pm to Rex
quote:
Impeccable timing, indeed. LINK
Wait. You think a billionaire is going to engage in something nefarious to save 1.8 million? You think Trump is going to endure the scrutiny to save his friend 1.8 million. You have lost your damn mind, Rex.
Posted on 3/2/18 at 6:49 pm to Toddy
quote:
Most corrupt administration in American history
You really think two BILLIONAIRES did something illegal to save one of them 1.8 Million dollars? Do you realize how insane that is? This is why you cannot be taken seriously. This is the epitome of crying wolf. You guys are out of your mind.
Posted on 3/2/18 at 6:49 pm to Rex
Tanked the market? If I invested in "X" (US Steel corp) at the beginning of the year id only be up 50% right now, since the announcement it dropped 1.35%
Posted on 3/2/18 at 6:49 pm to Rex
Smart move. He has laid his plan out since the campaign trail. And everyone knew this announcement was coming beforehand. But I am sure this is it...you have got him now. What melt day are you on, I can't keep up!!!!
Posted on 3/2/18 at 6:50 pm to BugAC
quote:
Rex isn’t a thinker.
true, but it's not just him
I see people running around shocked that someone actually fulfilled a campaign promise.
Posted on 3/2/18 at 6:51 pm to Rex
To be fair, the Commerce department issues their findings on steel and aluminum tariffs on February 16th.
Posted on 3/2/18 at 6:51 pm to BBONDS25
quote:
You really think two BILLIONAIRES did something illegal to save one of them 1.8 Million dollars? Do you realize how insane that is? This is why you cannot be taken seriously. This is the epitome of crying wolf. You guys are out of your mind.
THAT'S your pathetic defense?
Do I really think somebody would do something illegal to save themselves $1.8 million? Damn right I do.
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