Carl Icahn has impeccable timing. - Legum
Posted: 02 March 2018 12:50 PM   [ Ignore ]
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Oh gosh, if this were a movie - hot off the press

Trump confidant dumped millions in steel-related stock last week
Carl Icahn has impeccable timing.
JUDD LEGUM |  MAR 2, 2018


Billionaire investor and longtime Trump confidant Carl Icahn dumped $31.3 million of stock in a company heavily dependent on steel last week,
just days before Trump announced plans to impose steep tariffs on steel imports.

In a little-noticed SEC filing submitted on February 22, 2018 ...

Trump’s announcement rattled the markets, with steel-dependent stocks hardest hit.
Manitowoc stock plunged, losing about 6 percent of its value. Reuters attributed the drop to the fact that Manitowoc is a “major consumer of steel.” ...

https://thinkprogress.org/trump-ichan-steel-imports-cf7deb8beaf0/

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Posted: 02 March 2018 12:55 PM   [ Ignore ]   [ # 1 ]
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yeah, yeah, correlation does not imply causation.
It take additional supporting evidence to fill in a complete picture
Still the stink of it all.  Not of it shocking, all within character, exactly what was to be expected.

[ Edited: 02 March 2018 12:59 PM by Citizenschallenge-v.3 ]
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Posted: 02 March 2018 12:57 PM   [ Ignore ]   [ # 2 ]
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It could also be very innocent,

... Icahn, a billionaire investor with far-flung holdings, is a close associate of Trump — who invoked Icahn’s name repeatedly on the campaign trail. Once in office, Trump installed Icahn as a “special adviser,” although Icahn did not not unwind his business entanglements before accepting the position.

Icahn resigned in August, in advance of a New Yorker article which detailed how he used his position in the White House and his connection to Trump to protect his investments: ...

by Judd Legum

Than again, . . .

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