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Trump’s personal stake in the malaria-drug maker Sanofi could be as small as $99
Posted on 4/7/20 at 9:37 pm
Posted on 4/7/20 at 9:37 pm
quote:Trump probably owns stock in about every drug this pharma via that company via that pharma makes.
As President Donald Trump has persistently discussed the malaria drug hydroxychloroquine, critics have wondered about his motivation, given the drug’s far-from-certain performance on the global stage as a treatment for coronavirus, and the Food and Drug Administration’s refusal so far to approve it as a treatment for COVID-19.
The New York Times says Trump has a “small personal stake” in Sanofi, the French drug manufacturer that produces the drug. The headline is all that counts and they know it.
The report doesn’t say how small, but it notes that his three family trusts have investments in a Dodge & Cox mutual fund whose largest holding is Sanofi. A fund that matches this description is the Dodge & Cox International Stock Fund DODFX, +1.32%, which at last check was 3.3% invested in Sanofi.
Trump’s 2019 financial-disclosure form lists stakes in Family Trusts 1, 2 and 3 valued at between $1,001 and $15,000. So if Trump has the maximum $15,000 in each of the trusts, he holds a stake in Sanofi that’s worth $1,485 — and, at the minimum, just $99.
marketwatch.com
Mika started this rumor and it is now a headline that they hope no one figures out that his portfolio is probably loaded with a lot of Rx drugs and this isn't the gotcha they want it to be.
10
Posted on 4/7/20 at 9:40 pm to cajunangelle
the 2 numbers I heard was 99 dollars and then Forbes said it was 3000 dollars.
Either way it is not enough to influence a man of Trump's wealth. So this is what i think about it.
Either way it is not enough to influence a man of Trump's wealth. So this is what i think about it.
Posted on 4/7/20 at 9:46 pm to cajunangelle
$99 must N-peach!
Posted on 4/7/20 at 9:52 pm to cajunangelle
Even SNOPES says this story is mostly BS.
Posted on 4/7/20 at 9:53 pm to cajunangelle
This is a nothing burger with regard to DJT. But, if they start looking closer at all financial relationships between government officials and big pharma it will be a poop show for all of them. They all have made big money off of big pharma. No doubt whatsoever.
Posted on 4/7/20 at 9:54 pm to Boks
Why doesn’t the media look into dem finances? So weird.
Posted on 4/7/20 at 9:56 pm to viceman
quote:
3000 dollars
Or 300K, it's a non story. We're it 3M+, that's quite different.
Posted on 4/7/20 at 9:58 pm to cajunangelle
Now do everyone else on Capitol Hill.
Posted on 4/7/20 at 10:08 pm to LSULaw2009
quote:
Posted on 4/7/20 at 10:16 pm to cajunangelle
quote:That's worse than folks riding Loeffler's arse because her broker was selling . . . . . put options.
Trump’s personal stake in the malaria-drug maker Sanofi could be as small as $99
Posted on 4/7/20 at 10:17 pm to cajunangelle
They thought they really had Drumpf this time
How can he keep getting away with doing absolutely nothing wrong
This cannot stand!
How can he keep getting away with doing absolutely nothing wrong
This cannot stand!
Posted on 4/7/20 at 10:27 pm to YF12
The millions os doses will be generic, not name brand versions
This is so stupid
This is so stupid
Posted on 4/7/20 at 10:45 pm to viceman
a friend is stuck at her daughters home that is a democrat. She is forced to watch CNN & MSNBC. This crap that Mika started is the new get Trump gotcha.
the headline is enough for idiots to spread on social media.
the headline is enough for idiots to spread on social media.
Posted on 4/7/20 at 10:59 pm to cajunangelle
Oh NOW the media cares about the investments of POTUS? How about Congress?
fricking ridiculous bullshite.
fricking ridiculous bullshite.
Posted on 4/7/20 at 11:00 pm to Ollieoxenfree99
All of trumps pre-election stock holdings are in a trust he can not touch while in office
Posted on 4/7/20 at 11:07 pm to supatigah
quote:
All of trumps pre-election stock holdings are in a trust he can not touch while in office
It's the greatest to witness how dumb ppl are with their hate for the man
Posted on 4/7/20 at 11:09 pm to cajunangelle
The funniest part of all of this is Chloroquine is a generic drug that can be made by anyone. He wouldn't even make money
Posted on 4/8/20 at 12:09 am to cajunangelle
Nobody on earth knows everything that is in mutual funds they hold.
nobody
What if he has a fund that mimics the S&P 500? OMG he has a "financial stake" in everything!
I hate that stories that are completely idiotic actually resonate with a significant portion of the population. I wish we didn't have so many stupid people. This is just stupid on the face of it and it deserves no discussion but when something like this is brought up the same sort of idiots who believe it would take a lack of response as "proof" it must be true.
nobody
What if he has a fund that mimics the S&P 500? OMG he has a "financial stake" in everything!
I hate that stories that are completely idiotic actually resonate with a significant portion of the population. I wish we didn't have so many stupid people. This is just stupid on the face of it and it deserves no discussion but when something like this is brought up the same sort of idiots who believe it would take a lack of response as "proof" it must be true.
Posted on 4/8/20 at 10:56 am to viceman
I wonder if this will come up in todays CV presser?
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