DT, insider trading is when company information is leaked that would affect the value of a stock before it is publicly disseminated. Think Martha Stewart.ThaT IS NOT INSIDER TRADING.I don't think Trump has ever been a "disadvantaged victim."AND Trump explained this... These "investors" weren't innocent little church widows... they were Big Boys who were not necessarily all that nice... they knew the risks and took them willingly... Trump didn't make them do it. It's funny how investors are the worst creatures on the planet when making billions, but the most unfortunate and disadvantaged victims when they lose billions.
I was responding to "investors trusted Trump and lost millions."
It's funny how "investors" are terrible and awful when earning millions but...
If Trump caused them to lose millions, oh... the humanity! lol
As Trump said... These were Big Boys and Girls... they knew the risks. He didn't file bankruptcy... he has NEVER filed personal bankruptcy, despite what his attackers claim. He was smart enough to get out before it tanked... others weren't. That's not Trump's fault.
That is called "insider trading" and yes, it is violation of the law and T-Rump has no scruples about screwing over other people for their money. He will do the same thing to American taxpayers.
When investors are involved and you bail out making a killing because you know about the upcoming bankruptcy then yes, that counts as insider trading.