2016 Postmortem

Maraya1969

(23,000 posts) Sun Dec 4, 2016, 07:24 AM Dec 2016

So Trump has corporate bonds in parent company of Carrier!!!!!

I think Trump thinks president of the US is the best investment opportunity ever!

http://www.wsj.com/articles/donald-trump-had-investments-in-carrier-corp-s-parent-1480723443

Mr. Trump in 2014 owned an investment between $100,001 and $250,000 in United Technologies Corp., according to financial disclosure forms filed during the presidential campaign. It couldn’t be learned whether he still had a financial investment in the company because disclosure forms are filed only annually. Mr. Trump’s 2015 disclosure is the most recent one available and was filed in May 2016.

His 2015 form showed he owned one or more corporate bonds issued by United Technologies. The bond investment, held in a brokerage account through a Deutsche Bank AG unit, paid between $2,501 and $5,000 in interest for the year, the form said, but it valued the investment at between nothing and $1,000. His 2014 financial form for 2014 indicated he held an investment in United Technologies in the same account that paid interest in the same range, with a value between $100,001 and $250,000.

It isn’t clear what happened to the investment between 2014 and 2015. Mr. Trump didn’t indicate on the form that he had sold the investment and he didn’t appear to report capital gains for such a sale.

5 replies

= new reply since forum marked as read

Highlight:

So Trump has corporate bonds in parent company of Carrier!!!!! (Original Post) Maraya1969 Dec 2016 OP

Of course he does Nwgirl503 Dec 2016 #1

I never knew this was one of them. Maraya1969 Dec 2016 #2

Me either Nwgirl503 Dec 2016 #4

meanwhile, latest tweets are about his 35% tariff on products coming into US wordpix Dec 2016 #3

I'm sure his, Ivanka's and Melania's products Nwgirl503 Dec 2016 #5

Nwgirl503

(406 posts)

1. Of course he does

Reply to Maraya1969 (Original post)

Sun Dec 4, 2016, 08:06 AM

Dec 2016

Even if this is reported on MSM, most of his supporters are too dense to even understand the basics of a "conflict of interest", much less the precedent this sets for what's going to come to pass in his term.

I read yesterday somewhere where a Trump supporter was all "So what? Like...I'm sure he really cares about protecting that $2500." Ugh.

Maraya1969

(23,000 posts)

2. I never knew this was one of them.

Reply to Nwgirl503 (Reply #1)

Sun Dec 4, 2016, 01:16 PM

Dec 2016

Nwgirl503

(406 posts)

4. Me either

Reply to Maraya1969 (Reply #2)

Sun Dec 4, 2016, 01:30 PM

Dec 2016

And this is precisely why he should put all his business affairs in a blind trust. An actual blind trust and not the janky ass double speak situation he's trying to pass off as a blind trust right now. And his kids need to stay the hell out of meetings and anything and everything else having to do with the Oval Office.

wordpix

(18,652 posts)

3. meanwhile, latest tweets are about his 35% tariff on products coming into US

Reply to Maraya1969 (Original post)

Sun Dec 4, 2016, 01:21 PM

Dec 2016

from companies that left. Explains why Carrier is a different story

Nwgirl503

(406 posts)

5. I'm sure his, Ivanka's and Melania's products

Reply to wordpix (Reply #3)

Sun Dec 4, 2016, 01:37 PM

Dec 2016

are probably conveniently excluded. Probably due to a caveat that the tariff applies to companies that left the US, and not to companies who have been contracted with to manufacture and distribute products who were never in the US to begin with.

Damn Hillary. If she just coulda done something about this in her 30 years in government. (Sarcasm card.)

Reply to this discussion