Daily Archives: June 21, 2018, 8:57 am

An Insider-Trading Hypothetical for Wilbur Ross – Bloomberg

We talked yesterday about reports—which he has denied—that Commerce Secretary Wilbur Ross shorted the stock of a company after reporters called him up to ask him about it; when their story about the company’s allegedly shady activities and ties to Ross came out, the stock dropped and Ross (the story goes) made a profit. Again, it seems according to Ross that it didn’t go…

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