Amoxtli@thelemmy.club to politics @lemmy.worldEnglish · 5 months agoTrump Media: Donald Trump just got another $1.8 billion worth of stock | CNN Businesswww.cnn.comexternal-linkmessage-square36fedilinkarrow-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 · 5 months agomessage-square36fedilink
minus-squarebaru@lemmy.worldlinkfedilinkarrow-up0·5 months 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-squaremeco03211@lemmy.worldlinkfedilinkarrow-up0·5 months agoIt’s hard to imagine a bank stupid enough to loan him anything against his stake in that company.
minus-squareblujan@sopuli.xyzlinkfedilinkarrow-up0·5 months agoNot gonna be due to stupidity but more likely as bribery
minus-squareikidd@lemmy.worldlinkfedilinkEnglisharrow-up0·5 months agoApparently it can’t be used as security either.
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.
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
Apparently it can’t be used as security either.