The idea was that the Saudis and Russians pump money into the stock to keep the price propped up until Donny can cash out, but that only works if you have enough cash to backfill the volume ratio as needed. It would work a lot better if they could have been quieter about it, but Trump basically makes billions as long as the price doesn’t actually go to zero since his shares are grants for using his “brand.”
It’s not so much money laundering as a completely legal path for foreign agents to buy favors from a possible US President.
Money laundering.
From stock sales? Are they buying directly from the company? If not, I don’t think the company sees the money
Exactly, you guarantee you’ll buy shares of my company and I guarantee I’ll make decisions that benefit you.
Usually you buy from a market maker though
In this scenario the market maker and the briber are the same person.
Market makers only need to be willing to buy like 100 shares, that’d be pretty trivial for people with resources.
That’s less than $2k… Is the trade volume that low?
The idea was that the Saudis and Russians pump money into the stock to keep the price propped up until Donny can cash out, but that only works if you have enough cash to backfill the volume ratio as needed. It would work a lot better if they could have been quieter about it, but Trump basically makes billions as long as the price doesn’t actually go to zero since his shares are grants for using his “brand.”
It’s not so much money laundering as a completely legal path for foreign agents to buy favors from a possible US President.