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That’s an insane conflict of interest. His sons took over the firm? It was already bad that Lutnick took over in the first place. As I recall he sued the widow
by SilverElfin 8mo ago
That’s an insane conflict of interest. His sons took over the firm? It was already bad that Lutnick took over in the first place. As I recall he sued the widow of Cantor to steal control of the company after Cantor died.
But I guess this is not very surprising. I am sure every friend and family member of Trump administration people made trades leading all those tariff announcements over the last year, while the rest of us got rocked by the chaos in the stock market.
- tills13 8mo agoThis admin? Conflict of interest? Add it to the list.
- edot 8mo agoLutnick is not a good man. There’s also this, from https://www.justice.gov/epstein/files/DataSet%209/EFTA01249207.pdf https://www.justice.gov/epstein/files/DataSet%209/EFTA012492... “LUTNICK was a neighbor of JEFFREY EPSTEIN (EPSTEIN) in the adjoining property at 11 E 71st Street, New York, New York. LUTNICK bought the property for $10 through a trust. LES WEXNER (WEXNER) and EPSTEIN owned the building. LUTNICK bought it in a very roundabout way from EPSTEIN.”
- mywittyname 8mo ago> That’s an insane conflict of interest. Welcome to America. This isn't even in the top 10 of corrupt activities our government officials undertaken in the past year.
- fuzzfactor 8mo agoSuffer from a downvote-a-bot much? Corrective upvote applied.
- WillPostForFood 8mo agoSerious question - what do you think the kids should do when their parents get political positions, not work?
- throwaway27448 8mo agoHaving control of a company is not exactly "work".
- Marsymars 8mo agoThe responsibility is on the parent; the parent should recuse themselves from decisions or discussions where there could be a conflict of interest involving their family members.
- wat10000 8mo agoOr better yet, the parent should not be appointed to the position in the first place. If members of your immediate family occupy important positions in the industry you'd be involved with, then you don't get the job. Very easy solution, if the people in power were willing to do it.
- dcrazy 8mo agoThis is kind of an absurd rule. The kids of the people who are seen as so good at their jobs to be appointed to public office are all the more likely to follow in their parents’ footsteps.
- wat10000 8mo agoSo? Is there nobody who would be good at the job who wouldn't have a gigantic conflict of interest due to family? What's so absurd about saying you can't have massive conflicts of interest if you're going to be an important government official?