It’s even funnier than that. People connected to Trump bought rights to get refunds from corporation a year ago for cents on the dollar. Not they will make billions.
I’ve seen this mentioned a few times on Lemmy but can’t find any articles talking about this. Do you have a source? It sounds very believable, but I want to make sure it’s true before I start telling people.
Trump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Them
A subsidiary of Cantor Fitzgerald, which is run by the sons of US commerce secretary Howard Lutnick, is letting clients essentially bet that President Donald Trump’s tariffs will be struck down in court.