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ylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish · 1 year ago

Trump's Truth Social loses $4 billion in value in one week, while revealing wider loss

www.cbsnews.com

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Trump's Truth Social loses $4 billion in value in one week, while revealing wider loss

www.cbsnews.com

ylai@lemmy.ml to United States | News & Politics@lemmy.mlEnglish · 1 year ago
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Trump's media company is now trading below its opening stock price. The company on Monday disclosed mounting losses.
  • SnausagesinaBlanket@lemmy.world
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    1 year ago

    So he has no way of cashing out?

    • jonne@infosec.pub
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      1 year ago

      It’s just another roundabout way to accept bribes. Don’t be surprised if we find out later on that the Saudis or the Chinese bought a bunch of this stock. If he gets elected this stock will skyrocket.

      • grue@lemmy.world
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        1 year ago

        Boy, I sure miss the Emoluments Clause.

        • jonne@infosec.pub
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          1 year ago

          If only they decided to add a punishment to those presidential crime laws. Pretty naive to count on congressmen to do the honourable thing and impeach.

    • DancingBear@midwest.social
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      1 year ago

      Not for six months

      • EmbeddedEntropy@lemmy.ml
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        1 year ago

        Unless their board approves an earlier date.

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