Trump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president’s son

[Zincwarrior]

I don't know what to think of this. giving shares of your company to the head of one of the investigation arms of the government feels...off. I wonder if its legal.

Trump Media this week gifted thousands of shares of company stock to President Donald Trump’s nominee for FBI director, Kash Patel, to Trump’s eldest son and to four other board members, new regulatory filings show.

The company awarded 25,946 stock shares each to Patel, Donald Trump Jr. and the president’s pick for Education secretary, Linda McMahon, who all serve as Trump Media directors, the filings Thursday reveal.

Three other directors — former U.S. trade representative Robert Lighthizer, Eric Swider and Kyle Green — received the same number of DJT shares at no cost, according to Securities and Exchange Commission filings.

The filings said the awards were granted Tuesday. Trump Media that day closed trading at $30.04 per share.

At that price, the shares have a paper value of more than $779,400. But most of the stock awarded has restrictions on what it can be sold.

Trump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president’s son​

https://www.cnbc.com/2025/01/31/trump-media-djt-stock-shares-kash-patel.html

 

[debbiedowner]

I don't know what to think of this. giving shares of your company to the head of one of the investigation arms of the government feels...off. I wonder if its legal.

https://www.cnbc.com/2025/01/31/trump-media-djt-stock-shares-kash-patel.html

Trump Jr fine but paying off the other 2?

 

[playtime]

I don't know what to think of this.

it is fascism.

giving shares of your company to the head of one of the investigation arms of the government feels...off. I wonder if its legal.

https://www.cnbc.com/2025/01/31/trump-media-djt-stock-shares-kash-patel.html

legal shmegal.
there are 14 tenets of fascism, & i would say these fit nicely into donny's realm.

9. Corporate Power is Protected - The industrial and business aristocracy of a fascist nation often are the ones who put the government leaders into power, creating a mutually beneficial business/government relationship and power elite.

13. Rampant Cronyism and Corruption - Fascist regimes almost always are governed by groups of friends and associates who appoint each other to government positions and use governmental power and authority to protect their friends from accountability. It is not uncommon in fascist regimes for national resources and even treasures to be appropriated or even outright stolen by government leaders.

https://osbcontent.s3-eu-west-1.amazonaws.com/PC-00466.pdf

 

[playtime]

i fixed the link for the source of entire 14 tenets.

 

[1srelluc]

I thought you shithouse rat crazy dems said it was not worth anything? So, which is it?

 

[Robert W]

I don't know what to think of this. giving shares of your company to the head of one of the investigation arms of the government feels...off. I wonder if its legal.

https://www.cnbc.com/2025/01/31/trump-media-djt-stock-shares-kash-patel.html

Pretend it is not legal. Amazing that it comes from CNBC of all outlets as were it not legal, nobody would know of it.

 

[TNHarley]

At face value, it seems awfully fishy. However, this was payment for services from last year. It says it in the article.

 

[Robert W]

Trump Jr fine but paying off the other 2?

How should the entire group get paid for services if not by stocks? My son collected a lot of stock as payment for services. Facebook pays my grandson a handsome $200,000 per year in stock. Should he not be paid?

 

[Robert W]

At face value, it seems awfully fishy. However, this was payment for services from last year. It says it in the article.

The nature of CNBC is to fool us into thinking it is fishy. The swamp is fighting back.

 

[debbiedowner]

How should the entire group get paid for services if not by stocks? My son collected a lot of stock as payment for services. Facebook pays my grandson a handsome $200,000 per year in stock. Should he not be paid?

Is he in charge or going to be in charge of a govt agency? Patel and McMahon may be the head the head of two agencies.

 

[Robert W]

Is he in charge or going to be in charge of a govt agency? Patel and McMahon may be the head the head of two agencies.

They still are not heads and the stock pays them for last years services.

 

[Robert W]

Is he in charge or going to be in charge of a govt agency? Patel and McMahon may be the head the head of two agencies.

They were not when they earned that income. It is back pay.

 

[Lastamender]

it is fascism.



legal shmegal.
there are 14 tenets of fascism, & i would say these fit nicely into donny's realm.

9. Corporate Power is Protected - The industrial and business aristocracy of a fascist nation often are the ones who put the government leaders into power, creating a mutually beneficial business/government relationship and power elite.

13. Rampant Cronyism and Corruption - Fascist regimes almost always are governed by groups of friends and associates who appoint each other to government positions and use governmental power and authority to protect their friends from accountability. It is not uncommon in fascist regimes for national resources and even treasures to be appropriated or even outright stolen by government leaders.

https://osbcontent.s3-eu-west-1.amazonaws.com/PC-00466.pdf

We voted the fascists out.