Given the scope of all government officials it should just be the case that you cannot trade individual equities, stocks or have any outside investments wholesale. Otherwise how could you stop it? It’s not like when you work at big co and you just stop trading their stock. You get access to information that clearly will be material potentially months in advance.
The insider trading suspicions looming over Trump's presidency
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Re: The insider trading suspicions looming over Trump's presidency
#32Earlier quoted context omitted.
What were the consequences after 2008 financial crisis?
Nothing Stock market at all time highs Miami houses selling north of $150,000,000.00 No one cares about that crisis anymore The markets keep ripping no matter what Just some hiccups along the way
Re: The insider trading suspicions looming over Trump's presidency
#33Re: The insider trading suspicions looming over Trump's presidency
#34Earlier quoted context omitted.
My hot take is that the presidential pardon will be eliminated in our lifetime.
I suspect in the aftermath of this administration, the power of the President as a whole is going to be massively stripped back.
Re: The insider trading suspicions looming over Trump's presidency
#35Given the scope of all government officials it should just be the case that you cannot trade individual equities, stocks or have any outside investments wholesale. Otherwise how could you stop it? It’s not like when you work at big co and you just stop trading their stock. You get access to information that clearly will be material potentially months in advance.
Why does making this rule matter? The pardon makes it all irrelevant.
Re: The insider trading suspicions looming over Trump's presidency
#36Given the scope of all government officials it should just be the case that you cannot trade individual equities, stocks or have any outside investments wholesale. Otherwise how could you stop it? It’s not like when you work at big co and you just stop trading their stock. You get access to information that clearly will be material potentially months in advance.
How about we start with congress and see how that goes? Been a point of discussion for a long, long time and politicians do not seem to be interested in regulating themselves at all.
Re: The insider trading suspicions looming over Trump's presidency
#37Given the scope of all government officials it should just be the case that you cannot trade individual equities, stocks or have any outside investments wholesale. Otherwise how could you stop it? It’s not like when you work at big co and you just stop trading their stock. You get access to information that clearly will be material potentially months in advance.
Re: The insider trading suspicions looming over Trump's presidency
#38Despite the apathy of Americans, I continue to have hope that there will be consequences for all recent and past actions. It's unfortunate that recent events are only the tip of the iceberg, too many to even remember.
What were the consequences after 2008 financial crisis?
Re: The insider trading suspicions looming over Trump's presidency
#39Given the scope of all government officials it should just be the case that you cannot trade individual equities, stocks or have any outside investments wholesale. Otherwise how could you stop it? It’s not like when you work at big co and you just stop trading their stock. You get access to information that clearly will be material potentially months in advance.
Re: The insider trading suspicions looming over Trump's presidency
#40Earlier quoted context omitted.
I suspect in the aftermath of this administration, the power of the President as a whole is going to be massively stripped back.
I think it'll be interesting to see what the consequences are. In India, it used to be (I haven't lived there in decades) pretty par for the course for a new party to come into power and jail all the previous party's heads for corruption and then when it yoyos over the inverse would happen. That would be a worse outcome for the US, I think. It would stall any significant action from the government.