Snakes crawl at night

Discussion in 'Politics' started by edward37, Oct 18, 2019.

  1. edward37
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    edward37 Gold Member

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    House Democrats Demand Probe Into 'Suspicious' Stock Trades Surrounding Economy-Shifting Statements by Trump
    "Multiple large trades, resulting in billions in profit, occurred shortly before geopolitical events or statements by the president of the United States that moved the markets significantly."

    by
    Jake Johnson, staff wri 19 Comments
    [​IMG]
    President Donald Trump speaks during a roundtable with automaker CEOs in the Roosevelt Room of the White House on Friday, May 11, 2018 in Washington, D.C. (Photo: Jabin Botsford/The Washington Post via Getty Images)

    Two House Democrats on Friday urged federal agencies to investigate possible insider trading by President Donald Trump or members of his administration after a Vanity Fair story detailed several immensely profitable stock market bets that appeared suspiciously timed around Trump's actions or statements.

    "Timing and scale [of the stock bets] raise serious suspicions about whether the traders received material nonpublic information that would affect the S&P and how they received such information."

    Reps. Ted Lieu (D-Calif.) and Kathleen Rice (D-N.Y.), in letters to the FBI, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, requested a probe into "potentially unlawful behavior related to the trading of electronically traded futures contracts on the Chicago Mercantile Exchange in the last several months."

    "On October 16, Vanity Fair reported on numerous instances in which individuals or groups of individuals made millions, and in some cases billions, of dollars in profits by trading large numbers of Standard & Poor's 500 (S&P) e-mini futures contracts immediately prior to major geopolitical events," Lieu and Rice wrote.

    "The trades preceded such events as the Saudi Aramco attack as well as announcements related to progress in talks between the United States and China over the trade war and the withdrawal of the extradition bill in Hong Kong," wrote the Democrats. "In one case occurring in August, the trader or traders made $1.5 billion when the S&P rose after President Trump lied about phone calls taking place between United States and Chinese officials."

    "While the aforementioned trades may be purely coincidental," added Lieu and Rice, "their timing and scale raise serious suspicions about whether the traders received material nonpublic information that would affect the S&P and how they received such information."

    "We urge you to swiftly investigate whether trading on insider information or any other fraudulent behavior occurred in relation to these trades," the lawmakers wrote.
     
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  2. edward37
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    edward37 Gold Member

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    Will anyone put anything below what our scumbag president can do
     
  3. Third Party
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    Third Party Gold Member

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    I have noticed the Democrats and media shaping the market-it tumbled BIG before the mid terms and you can expect it to tumble before the 2020 1.Every time the media hits Trump with a SHOCKING piece of news, impeachment, Syria, the G7 summit, the market tanks.
     
  4. Third Party
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    Third Party Gold Member

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    Just remember, he is YOUR PRESIDENT!
     
  5. edward37
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    edward37 Gold Member

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    he's a snake and our founding fathers are rolling over in their graves ,,,and you don't give a shite
     
  6. Third Party
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    Third Party Gold Member

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    You are right-I don't, but remember, I live to bust off on those who insult Trump. It doesn't pay much, but its a job.
     
  7. edward37
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    edward37 Gold Member

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    Yeah Trump is so above being insulted Just think ,you're supporting the lowest piece of garbage ever to enter our WH If that makes you happy may god bless you I won't
     
  8. peach174
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    peach174 Gold Member Gold Supporting Member Supporting Member

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    Dems know absolutely nothing about trading or economics.
     
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  9. AzogtheDefiler
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    AzogtheDefiler The Pale Orc Gold Supporting Member Supporting Member

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    Eddie who do you support out of the field of 12?
     
  10. edward37
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    edward37 Gold Member

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    only Biden who I think has the best chance of beating Trump If he isn't our candidate I won't vote
     

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