Donald Trump bought at least $1m worth of bonds in Netflix and Warner Bros Discovery (WBD), according to a financial disclosure form, days after he said would “be involved” in a proposed merger between the two companies.
The White House released a financial disclosure report on Friday which showed that Trump made two purchases from Netflix and two purchases from WBD, each amounting to at least $502,000.
Trump bought the bonds on 12 December and 16 December, a little more than a week after Netflix agreed to buy WDB in an $82.7bn deal.
The purchase is subject to regulatory clearance and is sure to raise eyebrows given Trump has said he will be engaged in that process.
“They have a very big market share,” Trump told reporters at the Kennedy Center on 7 December, two days after the deal was announced and five days before he began to purchase Netflix and WBD bonds.
So either Trump is doing Insider Trading or is adding these bonds to that reported national wealth fund (which he is only making for himself in all honesty)
National Wealth Fund = upward movement of capital. Fat chance anyone who needs it will see even a speck of it.