Amoxtli@thelemmy.club to politics @lemmy.worldEnglish · 1 year agoTrump Media: Donald Trump just got another $1.8 billion worth of stock | CNN Businesswww.cnn.comexternal-linkmessage-square39fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkTrump Media: Donald Trump just got another $1.8 billion worth of stock | CNN Businesswww.cnn.comAmoxtli@thelemmy.club to politics @lemmy.worldEnglish · 1 year agomessage-square39fedilink
minus-squarebaru@lemmy.worldlinkfedilinkarrow-up0·1 year agoHe might not be able to sell it, but he could get a loan off of it. That stock shouldn’t be worth anything, but unfortunately it’s too easy to have stock at crazy high valuations.
minus-squareikidd@lemmy.worldcakelinkfedilinkEnglisharrow-up0·1 year agoApparently it can’t be used as security either.
minus-squaremeco03211@lemmy.worldlinkfedilinkarrow-up0·1 year agoIt’s hard to imagine a bank stupid enough to loan him anything against his stake in that company.
minus-squareblujan@sopuli.xyzlinkfedilinkarrow-up0·1 year agoNot gonna be due to stupidity but more likely as bribery
He might not be able to sell it, but he could get a loan off of it. That stock shouldn’t be worth anything, but unfortunately it’s too easy to have stock at crazy high valuations.
Apparently it can’t be used as security either.
It’s hard to imagine a bank stupid enough to loan him anything against his stake in that company.
Not gonna be due to stupidity but more likely as bribery