Trump’s financial disclosure reveals 18 Coupang stock trades since late last year

Posted by Freewhale98

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  1. Freewhale98 on

    1. Summary

    U.S. President Donald Trump made 18 trades in Coupang Inc. shares from October to May via his money managers, his financial disclosure reports showed Saturday, amid tensions between Seoul and Washington over South Korea’s regulatory probes into a massive data breach involving the U.S.-listed e-commerce giant.

    2. How is this related to the sub

    (1) The rise of extractive institutions in the US: The reason why the lobbying efforts by Korean government to defuse Coupang crisis failed was revealed. Donald Trump was personally benefiting from Coupang.

    3. My opinion

    The reason why Americans rallied around Coupang has been revealed. This was because their Beloved Great Leader had personal stake in the corrupt dealings.

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