The idea was that the Saudis and Russians pump money into the stock to keep the price propped up until Donny can cash out, but that only works if you have enough cash to backfill the volume ratio as needed. It would work a lot better if they could have been quieter about it, but Trump basically makes billions as long as the price doesn’t actually go to zero since his shares are grants for using his “brand.”
It’s not so much money laundering as a completely legal path for foreign agents to buy favors from a possible US President.
Money laundering.
From stock sales? Are they buying directly from the company? If not, I don’t think the company sees the money
The idea was that the Saudis and Russians pump money into the stock to keep the price propped up until Donny can cash out, but that only works if you have enough cash to backfill the volume ratio as needed. It would work a lot better if they could have been quieter about it, but Trump basically makes billions as long as the price doesn’t actually go to zero since his shares are grants for using his “brand.”
It’s not so much money laundering as a completely legal path for foreign agents to buy favors from a possible US President.