And please, take it from someone who did regular HR trainings at a Wall Street firm: the only reason anyone is even suggesting this was not insider trading is because a president has never done it this out in the broad daylight before. If anyone else did this in any other way, straight to jail
Yup. But thanks to our lovely SCOTUS he can do whatever the fuck he wants. I'm still looking for that part in the Constitution that says the president "shall have the powers of a King." Can't find it.
no he can't do whatever he wants. he is only immune for duties as President. trading is personal, not within the job description. he's F'd if they caught him moving his own money during this.
I believe even he isn't stupid enough to do that with his money. Besides, he's getting plenty of grift without it.
But he can be immune from insider trading, giving the information, because he'll say it was in the national interest to boost the stock market and SCOTUS will say ok.
What I've been taught in training is that if you're privy to insider information you actually have to wait 24 hours (r maybe 48 hours?) AFTER the information is publicly released before you can act on it. You're purposely placed at a disadvantage compared to the rest of the public.
And Supreme Court decision did not protect President from private crimes. But, differentiating in court his private motives from his Presidential motives will be close to impossible.
The fact it's all probably being coordinated off-the-books in loser-ass-named Signal group chats but he still had to post about it the morning of on his social account needs to be the one thing that doesn't get to burrow through my mind all day long today.
Thanks. I have been wondering this. I had never heard of outsider outloud trading but guess it is still insider trading if you are trading the stocks you are manipulating.
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But he can be immune from insider trading, giving the information, because he'll say it was in the national interest to boost the stock market and SCOTUS will say ok.
Already had all his cronies/ judges, politicians etc in his pocket. 🙃✌🏻
Wait for it….
SCOTUS!
Biden does it: personal
Trump does it: official duties
Anyone still think the game is not rigged?
Neither one of those seem like official duties covered by the corrupt SCOTUS immunity ruling.
Or do I not understand what duties the president officially has while in office?
Might be best to ask State AGs…
Ol trumpy bears nazi regime NEVER thinks 5 mins ahead and I wake up on a daily basis, with a smile and a little laughter. 🤣🤦🏼