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Ex-Trump adviser sold $31m in shares days before president announced steel tariffs watch

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    https://www.theguardian.com/business...ncement-timing

    Looks like insider trading will be added to the list of charges Trump will be facing. This level of corruption is unprecedented and disgusting.
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    could just be a coincidence ?

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    (Original post by the bear)
    could just be a coincidence ?

    That's what every inside trader has ever said when they get caught. "I got lucky" "I have a special algorithm" "I am very skilled at macroeconomic forecasts".
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    (Original post by floydd223)
    That's what every inside trader has ever said when they get caught. "I got lucky" "I have a special algorithm" "I am very skilled at macroeconomic forecasts".
    so nobody ever sold shares innocently then the price went down ?

    :holmes:
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    Oh yes, because no other US president's tenure was fraught with insider trading. To clarify, that was sarcasm.

    I'm not in the least bit fond of Donald Trump either, but let's at least keep things in perspective.
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    (Original post by the bear)
    so nobody ever sold shares innocently then the price went down ?

    :holmes:
    No. That's not what im saying. Im telling you to connect the dots here. He's managed to avoid $6m in losses because of a timely sale.
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    (Original post by Less(e/o)n)
    Oh yes, because no other US president's tenure was fraught with insider trading. To clarify, that was sarcasm.

    I'm not in the least bit fond of Donald Trump either, but let's at least keep things in perspective.
    Please provide evidence for what you're saying otherwise retract your statement. Sounds like a generic "everyone else does it who cares?" but worse, because there's nothing to back this up.
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    (Original post by floydd223)
    Please provide evidence for what you're saying otherwise retract your statement. Sounds like a generic "everyone else does it who cares?" but worse, because there's nothing to back this up.
    you have no evidence that this sale was illegal. it makes you feel edgy and important to say it is.
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    (Original post by the bear)
    you have no evidence that this sale was illegal. it makes you feel edgy and important to say it is.
    Maybe you're too old to see that this is pretty shady to say the least. It's okay, it'll come to you.

    For starters, you replied to the wrong quote.
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    (Original post by floydd223)
    For starters, you replied to the wrong quote.
    boo hoo arrest me.

    please tell us the evidence you have that this transaction was illegal.
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    (Original post by the bear)
    boo hoo arrest me.

    please tell us the evidence you have that this transaction was illegal.
    i never said there was.

    The only idiot here is the one who thinks this is a wild coincidence.
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    (Original post by floydd223)
    Please provide evidence for what you're saying otherwise retract your statement. Sounds like a generic "everyone else does it who cares?" but worse, because there's nothing to back this up.
    https://insidertrading.procon.org/vi...ourceID=002391

    The very fact that laws which seek to prohibit insider trading have periodically and systematically been implemented over a great many number of years in America (as shown in the above link) suggests that there is very clear evidence for what I have asserted.

    What you are asserting, on the other hand, is unclear to me. Would you care to explain?
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    (Original post by Less(e/o)n)
    https://insidertrading.procon.org/vi...ourceID=002391

    The very fact that laws which seek to prohibit insider trading have periodically and systematically been implemented over a great many number of years in America (as shown in the above link) suggests that there is very clear evidence for what I have asserted.

    What you are asserting, on the other hand, is unclear to me. Would you care to explain?
    That's not proof that previous US presidents shared inside information. Try again.
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    (Original post by floydd223)
    That's not proof that previous US presidents shared inside information. Try again.
    I never said it was. I was making the point that insider trading occurred during the tenure of previous US presidents.

    Where's your proof that Donald Trump shared inside information? The newspaper article in your opening post doesn't even confirm if Donald Trump is still in contact with this man, let alone if he explicitly shared inside information directly with him. It even points out that there are potential conflicts of interests between them, relating to their respective business holdings.
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    (Original post by the bear)
    so nobody ever sold shares innocently then the price went down ?

    :holmes:
    None but the lucky or corrupt...
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    Successful man makes good business decision.

    lefties get upset.
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    (Original post by Death and Taxes)
    Successful man makes good business decision.

    lefties get upset.
    If you think this was simply a "good business decision" then you dont know finance and business very well.
 
 
 
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