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Austin Private Wealth, LLC, a Texas-based financial planning company, is being scrutinized after a social media post went viral that claimed they had put options on as many as 12 million shares of DJT shares just one day before the assassination attempt on Donald Trump. The investment firm denied the allegations and has now blamed a filing error for this controversial action. -- snip -- According to the viral post, Austin Private Wealth’s alleged put position on July 12 was the largest among those listed—the second-biggest was Citadel’s 1.677 million short in May. The filing date is July 12th, the...

Jared Kushner secured a $2 billion investment in his private equity firm from Saudi Arabia's state-owned sovereign wealth fund just six months after the end of the Trump administration, a new report claimed on Sunday. Kushner, Donald Trump's son-in-law and former White House senior adviser, secured the massive deal despite being flagged for its 'inexperience' and 'public relations risks' by a panel of economics experts who screen the wealth fund's investments, the New York Times reports. During his time in the White House, Kushner was known for his close personal relationship with Saudi Arabia's de facto leader Mohammed bin-Salman and...

Note: The following text is a quote: http://www.whitehouse.gov/blog_post/beyond_the_echo_chamber/ Friday, February 6th, 2009 at 12:55 pm Advice from "beyond the echo chamber" We just learned the economy lost another 600,000 jobs last month. It's a staggering number, and it underscores just how deep this crisis is – and, as the President pointed out this morning, it’s accelerating. That's why he created the Economic Recovery Advisory Board -- to solicit ideas from "beyond the echo chamber of Washington, DC." "I’m not interested in groupthink, which is why the Board reflects a broad cross-section of experience, expertise, and ideology," he said. "We’ve recruited...

China forming company to invest huge reserves (agencies) Updated: 2007-03-10 10:12 Beijing is to create one of the world's biggest investing companies, with possible ramifications for global stock, bond and commodities markets, and might also affect how the US finances its huge budget deficits. Chinese Finance Minister Jin Renqing said on Friday in Beijing on the sidelines of the ongoing National People's Congress session, that Beijing is trying to make more profitable use of its $1 trillion in foreign currency reserves. It is believed that most of the reserves are now parked in safe, but relatively low-yielding US Treasury securities...

SACRAMENTO (AP) - The FBI raided a Southern California investment company Monday, alleging that more than 1,800 clients who invested tens of millions of dollars were victims of a long-running confidence scheme. No charges have been filed, but the FBI is investigating Financial Advisory Consultants as a possible "Ponzi scheme," where early investors are paid with money from later investors, said FBI spokeswoman Laura Bosley. James Lewis, who variously lists himself as the firm's president or, more recently, its funds manager, told an investor in August that his "growth fund" alone had $62 million in assets, according to an FBI...