President Trump purchased up to $2 million of Netflix and Warner Bros. Discovery bonds in December in the days after the streaming giant agreed to buy Warner’s studios and HBO Max streaming business for $72 billion.
A financial disclosure form released by the White House showed that Trump bought between $250,001 and $500,000 of Netflix NFLX -0.06%decrease; red down pointing triangle bonds on Dec. 12, and again on Dec. 16. He also bought bonds valued in that range for Discovery Communications LLC, a Warner subsidiary, on the same dates.
The disclosure form was dated Jan. 14.
https://www.wsj.com/business/media/trump-purchased-netflix-warner-bonds-in-days-after-deal-announcement-2a5da67f
Posted by 8to24
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“Trump has made public comments about a potential Warner acquisition, [saying in December](https://www.wsj.com/business/media/trump-raises-concerns-about-netflix-warner-deal-2781bb01?mod=article_inline) that Netflix’s proposed purchase “could be a problem” because it already holds a large share of the streaming market. The deal would require approval from federal regulators. “I’ll be involved in that decision,” he said of the deal on Dec. 7, just days after the Netflix deal was announced.
Trump has also said that Warner’s CNN, a frequent target of his ire, should change ownership. Netflix’s deal for Warner doesn’t include CNN or other cable networks. “I think it’s imperative that CNN be sold,” Trump told reporters last month.”
What’s crazy is Trump himself isn’t ordering these purchases. It tells me there are literally teams of financial advisors that exist to control politicians investments, take information and invest on their behalf. See: MTG.