Trump Pushes Dell Stock From Oval Office to 'Get Him His Money Back'
Nothing says 'unbiased market regulator' quite like ringing the stock market bell from the Oval Office and telling everyone to buy computers from a guy who just gave you six billion dollars.
President Donald Trump basically ran a home shopping network segment straight from the Oval Office. He rang the opening bell for the stock exchange and immediately started hawking Dell computers like a late-night infomercial host.
Unsurprisingly, Dell's stock immediately shot up by seven percent.
But the best part? The backstory is absolute comedy gold. Dell's CEO, Michael Dell, was standing right there in the room. Why? Because he and his wife Susan just donated a casual six billion dollars to Trump's new savings program for kids.
So, Trump, being the master of saying the quiet part out loud, explained the deal: "We're going to get him that money back one way or the other," before adding that once he does, he'll just ask for another six billion. You honestly have to admire the lack of hesitation. Oh, and by the way, financial disclosures show Trump himself was actively trading Dell stock last year.
Insider trading is so last season; now we just do open-air market manipulation on live television.
Source: CNBC
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