Trump Administration: Group of Thugs and Criminals

exGOPer said:
"In unusual deal, U.S. Treasury to acquire 30 percent of trucking company in exchange for $700 million loan." Said company is worth only $120 million however.
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Did you look at today's chart?
I'll help you out.
Uncle Sam just made 75% on that investment.
One day.
Gotta give Mnuchin credit. Not only did he land a hot af wife with his Treasury appointment... he knows how this game is played in a big way. Crafty mofo if I do say so myself.
That said, they don't hold a candle to China.
Huh?
Who said dat?
:sneaky:
 
exGOPer said:
"In unusual deal, U.S. Treasury to acquire 30 percent of trucking company in exchange for $700 million loan." Said company is worth only $120 million however.
More...
https://www.cnn.com/2020/07/01/business/yrc-federal-loan/index.html
The Trump administration just lent $700 million to a trucking company sued for ripping off taxpayers

New York (CNN Business)The US Treasury is giving a $700 million loan to YRC Worldwide, a troubled trucking company that warned in May it was in danger of going out of business.

That's an enormous sum for a company whose stock had plunged 27% this year and was worth only $70 million as of Tuesday's close. And here's the kicker: The government sued YRC for ripping it off.
Long-term competitive problems had taken the company's stock down 85% over the last five years. But shares of YRC (YRCW) shot up 60% in early trading on the news of the bailout.
US taxpayers will end up owning 30% of the company's stock as part of the loan agreement.


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“Several U.S. ambassadors actively shed their stock holdings as President Trump tried to downplay the coronavirus outbreak in its early stages,” CNBC reports.

“Ambassadors to Uruguay, France, Morocco and Italy sold shares in transactions that could have made them millions of dollars… Much of their sales were in January and continued throughout February, the records show. Their transactions line up with a timeline of federal and congressional announcements as the virus started sweeping across the globe earlier this year.”
 
Dr. Love said:
The group of 'thugs and criminals' organization was the Obama administration. Check indictments coming shortly.
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First term is almost over, when is this 'coming shortly' going to happen? Is it like the wall that never gets built?
 
exGOPer said:
First term is almost over, when is this 'coming shortly' going to happen? Is it like the wall that never gets built?
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I believe that one of the advantages of living in these times is the ability to educate yourself with the use of technology. You should try it.


As for the indictments, well, we had to clear all the Mueller faux investigations to really start doing the job of finding out what happened. Indictments are coming, no need to worry.
 
exGOPer said:
“Several U.S. ambassadors actively shed their stock holdings as President Trump tried to downplay the coronavirus outbreak in its early stages,” CNBC reports.

“Ambassadors to Uruguay, France, Morocco and Italy sold shares in transactions that could have made them millions of dollars… Much of their sales were in January and continued throughout February, the records show. Their transactions line up with a timeline of federal and congressional announcements as the virus started sweeping across the globe earlier this year.”
More...
Haven't they heard of put options? How stupid are the people who manage those funds?
 
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