• TropicalDingdong@lemmy.world
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    7 months ago

    I believe he is locked in on something along the lines of a 6 month cliff. This doesn’t mean he can’t use those rights/ options as leverage however. There might be some extremely questionable state actors for whom a couple billion in leverage against a US president is considered buying at a discount.

    • orbitz@lemmy.ca
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      7 months ago

      I thought the 6months was unless the board allowed it, the board that is mostly (all?) staffed by cronies that are there for that sort of thing.

      • Minotaur@lemm.ee
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        7 months ago

        Cronies yes, but it’s my understanding (and the understanding of several journalists) that letting Trump sell his stock would be such a wildly disastrous move for them financially that it’s unlikely. Like - they would be better off just donating the money to him themselves