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Cabinet pick invests in company, then introduces bill to help it.

Discussion in 'BBS Hangout: Debate & Discussion' started by DaDakota, Jan 17, 2017.

  1. DaDakota

    DaDakota Balance wins
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  2. Commodore

    Commodore Member

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    if this is the best they have on Price, he is going to sail through

    most of congress, including plenty of Dems, have wanted to repeal the medical device tax

    this was perfectly legal, was not for a large amount, and was an investment fund that picks stocks on its own, he didn't initiate the purchase
     
  3. Rocketman1981

    Rocketman1981 Member

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    Zimmer is a pretty well known $22 billion dollar company. If he has millions of dollars and many investment managers they may have purchased the security within a discretionary account.

    If it was a non-discretionary trading account and he individually bought the stock before something that could affect it, even if it is $1,000 or $5,000
    tiny amounts it is bad judgment.
     
  4. DaDakota

    DaDakota Balance wins
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    The point is this is typical of the grafting we can expect under this regime.

    DD
     
  5. NewRoxFan

    NewRoxFan Member

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    All of Trump's cabinet nominees will sail through. But that isn't the point. Legal or not, this is the very type of "swamp" that was supposed to be drained. But instead, it appears that instead of being drained, its being pumped in at a faster rate.
     
  6. TheresTheDagger

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    [​IMG]
     
  7. giddyup

    giddyup Member

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    So a likely ~fake (inaccurate) news story is typical of a Trump Administration? If it's not inaccurate, I get your rage; but I doubt it is as patently dishonest as this is being made out. We'll see!
     
  8. Sweet Lou 4 2

    Sweet Lou 4 2 Member

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    Unless the word Clinton is there, it's all ZZZZZZZ for your lot
     

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