Comment on Why is it legal for Trump to short stocks, then bet against them? I mean he gets a shitload of money. But what about the common folk?

GreenBeard@lemmy.ca ⁨2⁩ ⁨days⁩ ago

If you’re a jockey in a horse race, and you bet against your horse then throw the race that’s called race fixing. Now apply the same reasoning to financial markets where he’s making the decisions about who wins and who loses. And for the record, that goes for every politician, governors, congress critters, all of them. Just because it’s legal, doesn’t make it not ethically criminal.

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