#insider-trading
2 entries with this tag
Corruption & Grift
Hegseth's Broker Tried to Make Multimillion-Dollar Defense Investment Before Iran War
The Financial Times reported that Defense Secretary Hegseth's Morgan Stanley broker contacted BlackRock in February about a multimillion-dollar investment in a defense ETF holding Lockheed Martin, RTX, and Northrop Grumman — weeks before the Iran war. The trade didn't go through only because the fund wasn't available yet.
Corruption & Grift
$580M in Oil Trades Minutes Before Trump's Iran Post — "Mind-Blowing Corruption"
6,200 oil futures contracts ($580M) traded in a single minute, 15 minutes before Trump reversed his Iran stance on Truth Social. $1.5B in S&P futures were bought 5 minutes before. A Nobel laureate called it "treason."