wow...
President Donald Trump has a “small financial interest” in the maker of an anti-malarial drug that he has been touting as a “game changer” in treating coronavirus, according to The New York Times. Over the past two weeks, Trump and his Fox News allies have aggressively promoted hydroxychloroquine as a potential cure, despite top infectious-disease expert Dr. Anthony Fauci and others urging caution and noting that there was not enough evidence of the drug’s efficacy.
The Times reports the president’s family trusts all have investments in a mutual fund whose largest holding is Sanofi, the manufacturer of Plaquenil, the brand-name version of hydroxychloroquine. Associates of the president, including Commerce Secretary Wilbur Ross, have also run funds that hold investments in the pharmaceutical firm.
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04-07-2020, 06:09 AM #1
Trump Has ‘Financial Interest’ in Hydroxychloroquine Manufacturer
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04-07-2020, 06:11 AM #2
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04-07-2020, 06:13 AM #3
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04-07-2020, 06:14 AM #4
So trumps family is invested in a mutual fund that happens to have large drug manufacturers in it...
That’s like saying I have special interest in any particular company in the S+P 500 simply because I hold it in my portfolio...
The studies and use of the drug didn’t even originate in the US, it was overseas. So trump is conspiring with foreign governments to use the drug that happens to be included within a larger mutual fund and probably makes up less than 1% of his overall portfolio?
Your tin hat is fitting a little too tight.
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04-07-2020, 06:15 AM #5
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04-07-2020, 06:15 AM #6
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04-07-2020, 06:15 AM #7
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04-07-2020, 06:17 AM #8
- Join Date: May 2010
- Location: Houston, Texas, United States
- Posts: 20,976
- Rep Power: 89826
I own stock in several drug and medical companies. I guess I have financial interest in it too.
Tammy call this drug "unproven" just now in another thread. I wonder if he would refuse it, if offered by a doctor to treat his corona?***Alabama Crimson Tide***
"Luck is when preparation meets opportunity." - Vince Lombardi
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04-07-2020, 06:18 AM #9
Trump has a 'small personal financial interest' in hydroxycholorquine drugmaker. Allies have bigger stakes.
https://theweek.com/speedreads/90727...-bigger-stakes
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04-07-2020, 06:18 AM #10
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04-07-2020, 06:18 AM #11
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04-07-2020, 06:19 AM #12
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04-07-2020, 06:20 AM #13
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04-07-2020, 06:20 AM #14
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04-07-2020, 06:21 AM #15
And if you were unfoundedly reporting that one of them was a miracle cure, it would be a conflict of interest.
But I know ethics and integrity are foreign to people like you.
Tammy call this drug "unproven" just now in another thread. I wonder if he would refuse it, if offered by a doctor to treat his corona?
Untested Covid-19 Treatment Trump Talks Up Can Have Fatal Side Effect, Cardiologists Warn
https://theintercept.com/2020/04/06/...ologists-warn/
Researchers Warn Possible Coronavirus Treatment Hydroxychloroquine May Be Toxic When Combined With Diabetes Drug
https://www.forbes.com/sites/victori.../#25ac661555f8
but hey Trump makes money off of peddling it.
For anyone wondering why he was so quick to jump on the bandwagon, its because he figured he could kill two birds with one stone (end the virus, make money).
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04-07-2020, 06:21 AM #16
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04-07-2020, 06:22 AM #17
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04-07-2020, 06:22 AM #18
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04-07-2020, 06:23 AM #19
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04-07-2020, 06:24 AM #20
- Join Date: Apr 2010
- Location: New Braunfels, TX
- Posts: 13,458
- Rep Power: 183846
So now owning a mutual fund is equivalent to sitting on the board and doing insider trader.
OP, care to take a stab how how that's worse than literally selling all your stocks after a private meeting with other congressmen before you ramp up hysteria for an epidemic?Best thread: http://forum.bodybuilding.com/showthread.php?t=168274783
***Black Crew*** (emeritus)
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04-07-2020, 06:24 AM #21
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04-07-2020, 06:25 AM #22
I guess we should have seen this coming. As more and more evidence of its efficacy will probably be emerging soon they have to pivot away from “it doesn’t even work” and find another avenue of attack. The only weird thing is why they are so determined to make this particular topic an area of concern. They could’ve dropped it weeks ago and moved on, yet here we are acting surprised that a billionaire has invested in a major medical company
+positive crew+
-we all gonna make it, but what it is is up to you crew
-all things in moderation, even political views crew
-support local farms crew
-try to do at least one good deed/day crew
-less cursing the darkness and more lighting candles crew
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04-07-2020, 06:25 AM #23
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04-07-2020, 06:25 AM #24
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04-07-2020, 06:28 AM #25
This is how they do it. Doesn't matter if it's true or not, they know there are rubes out there like tammy that will repost it based on the headline alone.
It will give cover for reporters at today's task force meeting to ask the President about it. Seed more discontent and doubt.
In a different time, these people would be lined up against a wall and given a cigarette.________
MFC
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Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote. -Benjamin Franklin
Tits and Beer
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04-07-2020, 06:28 AM #26
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04-07-2020, 06:30 AM #27
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04-07-2020, 06:36 AM #28
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04-07-2020, 06:37 AM #29
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04-07-2020, 06:39 AM #30
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