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Trump sold all shares in companies in June, spokesman says
breaking911.com ^ | 12/6/16 | breaking911

Posted on 12/06/2016 11:07:35 AM PST by ColdOne

President-elect Donald Trump sold all his shares in companies in June, his spokesman said Tuesday, a move that could have created a cash windfall as he ramped up to begin a costly general election presidential campaign that at the time he claimed he would personally support with “major contributions."

The sell-off could help address conflict-of-interest worries about his stock portfolio, a sizable part of Trump’s financial life that was worth roughly as much as $40 million as of December 2015, a May disclosure filing shows.

Trump’s stock portfolio, the May filing shows, included shares in

(Excerpt) Read more at breaking911.com ...


TOPICS: News/Current Events
KEYWORDS: trumpassets; trumpfinances; trumpportfolio; trumpstocks

1 posted on 12/06/2016 11:07:35 AM PST by ColdOne
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To: ColdOne

somehow i doubt selling $40 million of stock represents a “sizable part of Trump’s financial life”.


2 posted on 12/06/2016 11:18:31 AM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: ColdOne

The WP (see MSN web page) is trying to make this sound like a scandal.


3 posted on 12/06/2016 11:24:16 AM PST by Steve_Seattle
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To: Steve_Seattle

Of course they are.....


4 posted on 12/06/2016 11:27:56 AM PST by ColdOne ((poochie... Tasha 2000~3/14/11~WE DID IT DEPLORABLES!EraseThe0bagambiLegacy!)
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To: Steve_Seattle

“The WP (see MSN web page) is trying to make this sound like a scandal.”

The way I see it, this action removes some amount of conflict of interest that he may have as POTUS. Good move!


5 posted on 12/06/2016 11:40:36 AM PST by MNGal
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To: catnipman

In terms of cash, probably yes. The company and the properties value alone far exceeds what he could readily spend. 40 million is likely just the cash part out of multiple billions of net worth.


6 posted on 12/06/2016 11:51:11 AM PST by Morpheus2009
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To: ColdOne

Oh, no, what did he buy?!?

A cargo container of Depends for Hellary.


7 posted on 12/06/2016 12:02:06 PM PST by bgill (From the CDC sit<Pe, "We don't know how people are infected with Ebola")
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To: ColdOne

created a cash windfall as he ramped up to begin a costly general election presidential campaign


So, if when I withdraw funds from my IRA, I’m giving myself a cash windfall, ie, unexpected good fortune? You don’t suppose the author is trying to smuggle in that premise that somehow Trump doesn’t deserve his own money, do you?


8 posted on 12/06/2016 12:08:22 PM PST by sparklite2 (I'm less interested in the rights I have than the liberties I can take.)
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To: ColdOne

Trump has stated numerous times that he was not a stock person and that he was into real estate.

He said he had a “few dollars” in the market, now we know 40 million and wasn’t a lot. Trump claims to be worth 10 Billion, 40 million is not a lot of money to him. It was a small percentage of his wealth


9 posted on 12/06/2016 3:20:41 PM PST by arl295
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To: ColdOne

MORE FAKE NEWS, is this from Breitbart? HEH HEH Liberals are EVIL, the MSM is Evil,


10 posted on 12/06/2016 4:11:59 PM PST by hawg-farmer - FR..October 1998 (------->VMFA 235 '69-'72 KMCAS <------- "Death Angels")
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To: ColdOne

BREAKING 911.com come on people..HAHAHA


11 posted on 12/06/2016 4:16:32 PM PST by hawg-farmer - FR..October 1998 (------->VMFA 235 '69-'72 KMCAS <------- "Death Angels")
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