Wyatt earp
Diamond Member
- Apr 21, 2012
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Donald Trump may be brazen enough to directly profit from his manipulation of the markets.
However, it is likely he is profiting from proxies or associates.
It certainly appears that there is market manipulation happening by people with foreknowledge of Trump's actions.
Could this be the issue that nails and jails Donald Trump?
Democrats Request FBI Investigation Into Trump Insider Trading
Democrats Request FBI Investigation Into Trump Insider Trading
Reps. Ted W. Lieu (D-CA) and Kathleen Rice (D-NY) sent letters to the FBI and SEC demanding an investigation into Trump market manipulation and insider trading.
The Democrats who are former prosecutors wrote:
We write to urge you to investigate 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. In each of these instances, the e-mini contracts were traded within days, and often within hours, of the S&P rising or falling sharply. 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. 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, 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.
Vanity Fair detailed a series of strange trades that have resulted in billions of dollars in profits for whoever bought suspicious futures before Donald Trump made key announcements. The situation looks even more dubious when one considers Trump’s habit of babbling on his cell phone to his friends day and night about what he is doing as president.
Trump himself has tried to manipulate the stock market, and it is predictable that the same president who would award his own golf club the G7 would be engaging in insider trading from the White House. Trump never separated himself from his business which has created a ripe environment for corruption.
Trump’s corruption is likely to include insider trading.
WtF????
Insider trading is legal for congressmen and women..
Talk about hypocrites, they voted for it.
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Congress Tells Court That Congress Can't Be Investigated for Insider Trading
May 7, 2015 · After taking a victory lap for passing a bill meant to curb insider trading, the House declares itself immune from ...
Investment U › why-congressional-i...
Why Congressional Insider Trading Is Legal - and Profitable | Investment U
Jul 22, 2017 · congressional insider trading and the stock act ... Act was passed, Congress amended it in a quick procedural vote.
NPR
How Congress Quietly Overhauled Its Insider-Trading Law
Apr 16, 2013 · With no fanfare, Congress moved to undo large parts of the ... Insider trading is still illegal, but disclosures of large stock ...
Bloomberg › opinion › articles
Congress's Guide to Insider Trading and Corruption - Bloomberg
Aug 10, 2018 · Whether or not U.S. Representative Chris Collins engaged in insider trading, as federal prosecutors allege, ...
Represent.Us › us
Congress Cashes in on Insider Trading
In 2011, a CBS investigation blew the lid off of one of Washington's most poorly-kept secrets: members of Congress were routinely ...
New York Post › 2018/08/08
Insider trading used to run wild among politicians - New York Post
Aug 8, 2018 · How people vote in 2020 will come down to the economy ... Insider trading by members of Congress was supposed to have stopped in 2012. Imagine how ...
www.congressionalinstitute.org
Can Members of Congress Engage in Insider Trading?
Aug 16, 2018 · The dispute over whether congressional insider trading ... expulsion from office if 2/3 of the Chamber votes to do so .