Post New Article

Do they know something we don't? American
titans Jeff Bezos, Leon Black, Mark Zuckerberg,
Jamie Dimon and Walmart's Walton family
sell a staggering $11 BILLION in stock
- as billionaires cash out before looming election

Original Article

Posted By: Imright, 3/10/2024 10:29:57 PM

American billionaires are selling stocks by the boatload - sparking fears of an impending financial disaster. Jeff Bezos - the third-richest man behind Louis Vuitton's Bernard Arnaut and Elon Musk - unloaded $8.5billion in Amazon shares this month alone. Mark Zuckerberg - the fourth-richest - sold about 1.4 million Meta shares worth roughly $638million. Jamie Dimon, chairman and CEO of JPMorgan, shilled $150 million this past week, in his first cash-out since taking the reins at the bank nearly two decades ago. Within days, Apollo Global Management's Leon Black also enacted his first-ever sale, shedding $172.8million in his equity firm after 34 years. Walmart's Walton family sold $1.5billion in a week,

Post Reply

Reminder: “WE ARE A SALON AND NOT A SALOON”

Your thoughts, comments, and ideas are always welcome here. But we ask you to please be mindful and respectful. Threatening or crude language doesn't persuade anybody and makes the conversation less enjoyable for fellow L.Dotters.


Reply 1 - Posted by: Dreadnought 3/10/2024 10:41:48 PM (No. 1674929)
It's staggering to me but not to them. It's approaching the end of the quarter. Sell high, buy low. Do some tax harvesting.
27 people like this.

Reply 2 - Posted by: chumley 3/10/2024 11:01:17 PM (No. 1674934)
Those guys are so rich that 11 billion is peanuts to them. This is possibly just more fear mongering. If I'd listened to every gloom and doom financial warning over the last 25 years I'd have put my money in the mattress and have nothing.
27 people like this.

Reply 3 - Posted by: jayjeti 3/10/2024 11:03:17 PM (No. 1674936)
Selling stock by the buttload could be due to a number of reasons including buying back in if it causes a stock drop.
25 people like this.

Reply 4 - Posted by: Hermit_Crab 3/10/2024 11:03:46 PM (No. 1674937)
Scoff if you will... But they are also building massive underground bunkers for themselves in remote areas.
31 people like this.

Reply 5 - Posted by: anniebc 3/11/2024 12:04:50 AM (No. 1674961)
Maybe they're swapping cash for gold. What do they know?
14 people like this.

Reply 6 - Posted by: jalo1951 3/11/2024 12:07:29 AM (No. 1674965)
Watch pelosi and the other congress critters. While they are rich and will cover their butts because of insider knowledge they are not RICH like the other guys.
17 people like this.

Reply 7 - Posted by: Skinnydip 3/11/2024 12:16:46 AM (No. 1674973)
Maybe they’re worried Joe is going to be re-elected and get his new billionaire tax approved.
21 people like this.

Reply 8 - Posted by: Lawsy0 3/11/2024 2:17:45 AM (No. 1675005)
I have a close family member who sees things a long way off before they actually happen. We've been stockpiling food for months. We aren't preppers, but some things are just smart to do.
18 people like this.

Reply 9 - Posted by: privateer 3/11/2024 7:05:09 AM (No. 1675065)
Maybe the Deep State is afraid that Dempanic 2.0 might not get the steal done. So they're planning on unleashing Black Friday 2.0.---This Time It's Digital! Or maybe just one of the several excellent scenarios posted above mine.
13 people like this.

Reply 10 - Posted by: petrichor 3/11/2024 7:06:18 AM (No. 1675067)
I get a big Social Security check, so I'm fine! Nothing to worry about here.
7 people like this.

Reply 11 - Posted by: NamVet70 3/11/2024 7:29:36 AM (No. 1675074)
Unfortunately they are probably selling stock to raise more cash to fund democrat ballot fraud.
22 people like this.

Reply 12 - Posted by: Strike3 3/11/2024 7:41:02 AM (No. 1675077)
Pure guesswork and speculation. None of the experts have been accurate thus far with the unpredictable vegetable in the Oval.
13 people like this.

Reply 13 - Posted by: Sorosisbehindit 3/11/2024 7:56:24 AM (No. 1675084)
The only possible good news here, might be that they fear Trump will be elected.
14 people like this.

Reply 14 - Posted by: LC Chihuahua 3/11/2024 8:29:24 AM (No. 1675102)
Looters. Probably the tip of the iceberg. They make the 7-11 smash and grabbers look like pikers in comparison. One has to ask why these people are so scared of Trump. What is Trump doing that makes them all go crazy sideways? These probably are the people driving all the anti-Trump sentiment.
11 people like this.

Reply 15 - Posted by: felixcat 3/11/2024 8:33:01 AM (No. 1675105)
And I'm sure they'll be paying their fair share in taxes, right Joey?
15 people like this.

Reply 16 - Posted by: udanja99 3/11/2024 9:12:15 AM (No. 1675124)
Perhaps they’ve been getting their investment advice from Paul Krugman and they think that Trump is going to win.
7 people like this.

Reply 17 - Posted by: Dodge Boy 3/11/2024 9:19:52 AM (No. 1675129)
And why is Zuckie constructing a billion-dollar survivalist bunker on his ranch on Kauai? And Bozo is doing something similar elsewhere.
13 people like this.

Reply 18 - Posted by: nelsonted1 3/11/2024 11:05:42 AM (No. 1675223)
People sometimes talk to us about SHTF. We live in the country with our own well. Have they thought of how to make an electric pump water? We'd dip out of a mud puddle and boil it if we had to. If they live on city water quick fill bathtubs and pots and pans out of water towers before they drain empty. Water and medicines are a problem.
6 people like this.

Reply 19 - Posted by: Zigrid 3/11/2024 11:07:26 AM (No. 1675224)
It means to me...these American oligarchs are getting nervous and jumping the Obama/biden ship....The State of the Union scared everyone...
6 people like this.

Reply 20 - Posted by: FormerDem 3/11/2024 1:17:35 PM (No. 1675351)
As for the underground bunkers referenced above,i would like to flag that for reasons we do not at this moment exactly appreciate, what our ancestors built was not bunkers but round towers with irregular slitty windows high up and with oddly low castellation if any. My theory is these are for big sandstorms and if so they were to be found from Ireland to Baku. Also that in case of a sandstorm a bunker is your number one worst idea. #1. Worst-O.
1 person likes this.

Reply 21 - Posted by: FormerDem 3/11/2024 1:24:34 PM (No. 1675361)
about those bunkers again, please note there are cities drowned in sand in the Taklamakan Desert, latitude 38 and above. Please no bunkers. Not even my enemies. No bunkers. Sven Hedin was investigating those cities but he had to stop for war, and then the Chinese would not let him back, plus he had sympathized with Hitler. But... He was the expert on the lost cities of the Taklamakan. No bunkers. Sandstorms are bad and they can be very big. Forgotten now. Possibly to be remembered again soon. please prepare yoursel f a high slitty tower.
1 person likes this.

Reply 22 - Posted by: MickTurn 3/11/2024 3:33:16 PM (No. 1675462)
They are ALL Leftists...awaiting their turn at the gallows for their CRIMES.
2 people like this.

Reply 23 - Posted by: KTWO 3/11/2024 3:37:38 PM (No. 1675469)
No big deal. Tax rates are likely to rise next year. And when you are immensely rich but the wealth is concentrated then diversifying is sensible; increase your security, pick up some lovely estates, private islands, etc.
2 people like this.

Reply 24 - Posted by: edgar 3/11/2024 6:49:53 PM (No. 1675582)
It's a little early to attribute these sales to the election. Something else is afoot.
1 person likes this.

Reply 25 - Posted by: danu 3/11/2024 7:24:33 PM (No. 1675603)
how terrible for them, forced to do their own cooking , cleaning, dog walking, global destruction.
1 person likes this.

Reply 26 - Posted by: paral04 3/11/2024 8:57:32 PM (No. 1675646)
They are going to dump their stock and buy back cheaper later. A lot of people will get hurt but they don't care. They will tell you to eat worms and walk to work.
0 people like this.

Below, you will find ...
Most Recent Articles posted by "Imright"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by Imright"
FBI Director Wray says he IS concerned
border crossers could launch another 9/11
terror attack in the U.S. and warns human
trafficking cells have ties to ISIS
6 replies
Posted by Imright 3/12/2024 1:30:17 AM Post Reply
FBI Director Chris Wray is concerned that illegal migrants coming across the southern border could potentially launch another 9/11 terrorist attack on U.S. soil. The intelligence chief's disclosure came during a Senate Intelligence Committee hearing on the greatest worldwide threats facing the U.S. today. The hearing was interrupted several times by pro-Palestine protestors shouting 'ceasefire now!' during remarks by the nation's top spy chiefs. According to the latest annual report put out Monday by the Office of the Director of National Intelligence, the U.S. is 'facing a fragile world order' due to
Coup Plot: Biden’s Intel Agencies ‘Expect’
Protests to Topple Netanyahu for ‘Moderate’ Leader
7 replies
Posted by Imright 3/12/2024 1:27:49 AM Post Reply
U.S. intelligence agencies are claiming that they “expect” protests to bring down the Israeli government and replace Prime Minister Benjamin Netanyahu, who has been an obstacle to President Joe Biden’s plans for the Middle East. The claim emerged in the latest “Annual Threat Assessment of the U.S. Intelligence Community,” and was published by both the Wall Street Journal and the New York Times Monday evening, suggesting a coordinated leak to the media. The assessment says: Israeli Prime Minister Binyamin Netanyahu has publicly stated his opposition to postwar diplomacy with the Palestinian Authority (PA) toward territorial compromise.
Fmr Mar-a-Lago Employee Brian Butler:
After Moving Boxes I Realized ‘Something
Is Going on’
2 replies
Posted by Imright 3/11/2024 10:41:40 PM Post Reply
Former Mar-a-Lago employee Brian Butler said Monday on CNN’s “The Lead” that he realized “something is going on” when he saw the boxes in special counsel Jack Smith’s indictment of former President Donald Trump were the boxes he remembered loading onto a plane. Partial transcript as follows: KAITLAN COLLINS: Brian Butler told us about how he was on this day in June 2022, not knowing what exactly he was doing, but he was asked to help load boxes, banker boxes, on to Trump’s plane at an airport in Palm Beach, Florida as the former president was set to go to New Jersey. Now what he did not realize
White House now says Biden did NOT apologize
for calling Laken Riley's suspected murdered
an 'illegal', 24 hours after he said he
'regretted' using the term
5 replies
Posted by Imright 3/11/2024 10:24:36 PM Post Reply
The White House insisted President Biden 'did not apologize' for using the term 'illegal' to describe the alleged killer of Laken Riley, as the blowback from a tense exchange in his State of the Union speech last week continues. As the White House put it, Biden 'used a different word' when he sought to clean up the comment in an interview on MSNBC. 'I shouldn’t have used illegal, it’s undocumented,' Biden said during a taped interview with the network in Atlanta Saturday.
Report: Biden’s Advance Team Infested
with ‘Turmoil and Toxicity’
6 replies
Posted by Imright 3/11/2024 10:02:37 PM Post Reply
President Joe Biden’s advance team, those tasked with organizing Biden’s public speeches, is reportedly infested with “turmoil and toxicity” that could hinder the president’s campaign. The report, published by Politico on Monday, is the latest sign of infighting within the Biden world that surfaced in press reports.The “turmoil and toxicity” within Biden’s advance team is based on 18 current and former Biden staffers and those directly familiar with the team, Politico reported: The culture within the office has gotten so bad that the White House Counsel’s Office opened an investigation, according to three people who were contacted last fall by the office for interviews. Specifically, they said, investigators
Biden budget includes $4.7 billion emergency
fund to use if there's a migrant surge
and keeps 34,000 beds in immigration detention facilities
4 replies
Posted by Imright 3/11/2024 9:54:38 PM Post Reply
President Joe Biden's budget proposal includes a new $4.7 billion emergency border fund to use if there's a migrant surge at the border. It also funds more border agents, offers improved technology, and keeps the number of beds in detention facilities at 34,000. The new fund can only be tapped on an as-needed basis when the number of undocumented migrants crossing the southern border tops a certain threshold, which has not been specified. The president presented his $7.3 trillion budget proposal for fiscal year 2025 on Monday. Overall it includes $11.8 billion in border spending.
Is This the Last Straw for Raffensperger?
Evidence Confirms GA SOS Team Illegally
Recorded Trump Call, Promoted a Fraudulent
Transcript, Sent it to WaPo, Then Trashed
the Audio – Now He’s Caught!
10 replies
Posted by Imright 3/11/2024 9:45:23 PM Post Reply
A new report at The Federalist confirmed The Gateway Pundit’s reporting from over a year ago that Brad Raffensperger’s office most certainly committed a crime in January 2021 during the Georgia Secretary of State’s office phone call with President Trump on January 2, 2021. On February 21, 2023, Joe Hoft at The Gateway Pundit discovered that Jordan Fuchs, Georgia’s Deputy Secretary of State in 2020, who was on the January 2021 call with President Trump, taped the call from Florida without announcing it. This was a criminal act since Florida is a two-party consent state. You must notify an individual before you record them in Florida.
Exclusive: Speaker Johnson, Chairmen Green
and Jordan Demand Mayorkas Answer for
Alleged Border Deception
4 replies
Posted by Imright 3/11/2024 9:42:00 PM Post Reply
House Republicans are demanding answers after the Department of Homeland Security (DHS) allegedly took steps to conceal the true number of illegal alien crossings from a large group of investigating Congressmen. Speaker Mike Johnson (R-LA), Homeland Security Committee Chairman Mark Green (R-TN), and Judiciary Committee Chairman Jim Jordan (R-OH) wrote to DHS Secretary Alejandro Mayorkas Monday amidst his agency’s stonewalling of Congressional efforts to perform constitutional oversight of the colossal border crisis.
The Real State of the Union 0 replies
Posted by Imright 3/11/2024 6:11:21 PM Post Reply
Most of the time, a president’s State of the Union speech is avuncular. I wouldn’t say paternal because, as we know, paternalism is next to patriarchy is next to women as sexual objects is next to Adam noticing that Eve was naked. The point of a president presenting himself as everyone’s favorite uncle is to sell us on the idea that all is well in the Land of Oz: “all friendly like” as Eliza Doolittle put it. But obviously, right now in Bidenomics America, everything is not under control. So forget Uncle Joe. It was Biden the Barbarian, politics red in tooth and claw, on Thursday night. Naturally, the president started out
Cassidy Hutchinson's January 6 committee
testimony about Trump 'lunging' at driver
was not corroborated by four White House
officials, bombshell Republican report
into the Capitol riot probe reveals
11 replies
Posted by Imright 3/11/2024 5:50:33 PM Post Reply
The House subcommittee investigating the January 6th committee has released a report they claim pokes holes in Cassidy Hutchinson's dramatic testimony about Donald Trump's actions on that day. Their report claims that former White House aide Hutchinson's testimony that Trump lunged for the steering wheel of the Beast when a driver would not take him to the Capitol was not corroborated by four other former White House staffers. The report is made up of transcribed interviews conducted by the January 6 Committee, led by Democrats last Congress.
Former House Majority Leader Dick Gephardt
on the Electoral College: 'We've Gotta
Work Around It' - What?
11 replies
Posted by Imright 3/11/2024 5:04:08 PM Post Reply
Democrats have gotten a bit of an energy bump since Joe Biden's State of the Union Speech on Thursday. But in the back smoky rooms of the Democrat National Committee, they have to know that Joe Biden spells bad news for their chances in 2024. Whether Joe slept all day on Thursday or it was something else that got him to appear that focused and rejuvenated could be up for debate. But what is certain is that the Democrats are nervous. Part of what makes them nervous is third-party candidates, but they also may have their sights set on something else that could be a problem for them in November.
New Information on Liz Cheney’s Deceit
and Perverse Actions Surrounding Events
on Jan. 6 Raises Serious Calls for Her
Arrest and Prosecution
7 replies
Posted by Imright 3/11/2024 5:02:10 PM Post Reply
A May 2021 report revealed that Liz Cheney ‘secretly orchestrated the Washington Post op-ed by all ten living former Defense Secretaries – including her father – warning against Trump’s efforts to politicize the military’ prior to January 6. In the Washington Post op-ed, the disgraced congresswoman warned that “involving the military in election disputes would cross into dangerous territory.” Weeks later, Liz Cheney led the efforts to impeach President Trump and throw him in prison for not securing the US Capitol prior to the January 6 protests.
Most Active Articles (last 48 hours)
Joe Biden Marks Ramadan with Sympathies
for Muslims and Their ‘Immense Pain’
30 replies
Posted by Imright 3/11/2024 9:16:07 AM Post Reply
President Joe Biden marked the beginning of Ramadan by issuing a statement recognizing the “moment of immense pain” for many Muslim Americans while affirming his efforts to deliver humanitarian aid into Gaza. Biden, who says he is pushing to establish a truce in the ongoing Israel-Hamas war, wrote in the statement Sunday evening: Tonight—as the new crescent moon marks the beginning of the Islamic holy month of Ramadan—Jill and I extend our best wishes and prayers to Muslims across our country and around the world. The sacred month is a time for reflection and renewal. This year, it comes at a moment of
Biden unveils massive tax hikes on the
rich as part of bid to cut $3trillion
of the deficit in 10 years: President's
budget to include 25% tax on billionaires
after warning in State of the Union the
wealthy will 'pay their fair share'
28 replies
Posted by Imright 3/11/2024 12:01:53 PM Post Reply
President Joe Biden's budget proposal includes a 25% tax hike on billionaires, tax breaks for families, new social programs, and lower health care costs - all designed to appeal to voters as he seeks a second term. His plan, released on Monday, will serve as important message to voters as he seeks to reassure them about his stewardship of the economy and his plans to lower the deficit. It will also serve as a contrast between his vision for the country and that of his rival Donald Trump.
Why Americans No Longer Trust the Healthcare System 26 replies
Posted by Magnante 3/11/2024 9:56:40 AM Post Reply
Trust is foundational in relationships, whether between individuals or between individuals and institutions. A Gallup survey from last summer found, “Americans’ faith in major societal institutions hasn’t improved over the past year following a slump in public confidence in 2022.” (snip) Doctors, hospitals, and healthcare systems used to be held in high esteem, but no more. Aren’t these the “experts” in white coats? What happened to that trust? Why do only 1 in 3 Americans trust what was once a sacred healing profession? (snip) What is interesting is the partisan divide, with Democrats far more trusting in medical instructions than Republicans.
Ex-Trump Adviser Peter Navarro Ordered
to Prison Next Week
21 replies
Posted by Imright 3/11/2024 12:00:01 PM Post Reply
Peter Navarro, a former trade adviser to President Donald Trump who was convicted of contempt of Congress, has been ordered to report to prison next week. Arrival at a Miami detention facility on or before March 19 will see him begin serving a four-month sentence for refusing to comply with an order from the now-defunct House Jan. 6 select committee. Navarro, 74, was convicted last year on two counts of contempt of Congress — one for failing to produce documents related to the probe and another for skipping his deposition. (X) In a filing late Sunday to the D.C. Circuit Court of Appeals, Fox News reports
US sends in Marines to evacuate embassy
personnel from Haiti amid bloody uprising
as stench of decaying corpses drive people
from their homes and violence threatens
to engulf the Dominican Republic
21 replies
Posted by Imright 3/11/2024 9:23:36 AM Post Reply
The US has deployed Marines to evacuate its embassy in Haiti as local gangs continue to attack state institutions. The operation, which occurred early Sunday, serves as the latest sign of Haiti's societal troubles, as locals in its capital continue to report the overwhelming stench of the dead. Violence in the Caribbean country broke out out this past week, and has since threatened to bring down the local government.Gangs across the country continue to unite, causing thousands to flee their homes. Politicians across the region are scrambling for a solution, as dogs have been seen gnawing on the unaddressed dead,
Poll: Majority of Democrats Oppose Certification
of 2024 Election If Donald Trump Wins
19 replies
Posted by Imright 3/11/2024 3:19:35 PM Post Reply
Fifty-seven percent of Democrat voters would oppose Congress certifying the 2024 election if former President Donald Trump wins, a Rasmussen Reports poll found Monday. The poll asked likely voters: “Some Democrats in Congress have said that if Trump wins this year’s election, they will vote against certifying the election results because of Trump’s role in the January 6, 2021, Capitol riots. Do you support or oppose Democrats refusing to certify the election results if Trump wins?” 57 percent of Democrats would oppose certification. Nearly two-thirds of “liberals” said they would oppose certification.
Is New York City Really Dead? 19 replies
Posted by FlyRight 3/11/2024 9:56:33 AM Post Reply
There is a hilarious YouTube video titled What NYC is Now mocking the disgraceful state of the city’s lawless state that is now a haven for criminals. The video may be in fun, but is sadly based on fact. Far too many edicts coming from Mayor Eric Adams’ administration are simply mind-boggling. The city has been invaded by illegal immigrants from several countries and the mayor has ordered that they be sheltered in hotels, schools and senior residencies, displacing senior veterans, and resident citizens. In addition, a pilot program will be giving them $10,000 prepaid debit cards to buy certain items. What?!!
FDNY tells firefighters to protest ‘on
your own time’ after booing NY AG Letitia
James, cheering Trump: report
18 replies
Posted by JunkYardDog 3/11/2024 1:27:17 PM Post Reply
The New York City Fire Department (FDNY) issued a memo scolding firefighters it says brought "discredit" to the department after booing New York Attorney General Letitia James and cheering for former President Trump at a promotion ceremony last week, warning those who took part to protest on their own time, according to a report. Following a New York Post report about the leaked memo, FDNY spokesman Jim Long confirmed to Fox News Digital on Monday morning that chief officers went to firehouses over the weekend to discuss the events of Thursday and speak to the concerns and disappointment with the behavior shown during James' remarks.
NYC burns pizzerias with new rule cutting
smoky pollutants by 75%: ‘You’re going
after pizza?’
18 replies
Posted by Beardo 3/11/2024 11:50:57 AM Post Reply
New York City has quietly approved a controversial green plan to require pizzerias and matzah bakeries using decades-old wood- and coal-fired stoves to cut their smoky pollutants by 75%. Mayor Eric Adams’ Department of Environmental Protection said the fresh edict takes effect April 27, with some city businesses having already coughed up more than $600,000 for new smoke-eating systems in anticipation of the expected mandate. (snip) But Adams has defended the mandate for the Big Apple, which was recently named the most expensive city to get a slice of pizza in the country.
Netanyahu Reveals His Own 'Red Line' in
Dealing With Hamas, Says 'Victory Is Within Reach'
17 replies
Posted by Dreadnought 3/11/2024 1:13:50 AM Post Reply
After President Joe Biden said Saturday that Israel invading the Gazan city of Rafah, where many refugees from northern Gaza have relocated, would be a "red line" regarding America's support, Israeli Prime Minister Benjamin Netanyahu replied that Israel will indeed invade Rafah because his own red line is "that October 7th doesn't happen again, never happens again." Netanyahu's remarks also come amid reports that the Biden administration is attempting regime change in Israel, and after Biden was caught in a hot mic moment after Thursday's State of the Union address saying that he was going to have a "come to Jesus" moment with "Bibi."
Rob Reiner’s Fascist ‘God & Country’
Doc Grosses Pathetic $60K Worldwide
16 replies
Posted by Beardo 3/11/2024 8:59:01 AM Post Reply
Producer Rob Reiner’s anti-Christian smear, God & Country: The Rise of Christian Nationalism, limped out of theaters after grossing a hilarious $60,464 worldwide. Basically, that’s fewer than 7,000 tickets sold in a country of 350 million. (snip) That’s fewer than 7,000 tickets sold, even after producer Rob Reiner got all kinds of free media from countless corporate media outlets. (snip) If you divide those 3.5 tickets per day into six showings a day, that works out to 3/5th of a ticket sold per showing. (snip) Rob Reiner really should be the poster boy for white privilege.
Fifty injured after pilot ‘lost instrumentation’
on LATAM flight from Sydney to Auckland
13 replies
Posted by Dreadnought 3/11/2024 7:55:56 PM Post Reply
The pilot of a Boeing 787 Dreamliner that plunged suddenly en route from Sydney to Auckland on Monday, injuring 50 people, reportedly told passengers after the terrifying incident that his “gauges just blanked out” and he “lost all ability to fly the plane”. Twelve passengers were hospitalised and dozens injured after a “major incident” on board LATAM flight LA800 caused the plane to dip violently, with ambulances rushing to Auckland Aiport just before 4pm local time. The Chilean airline said an unspecified “technical problem” caused “strong movement” in the air. Unrestrained passengers were sent flying through the cabin and into the ceiling, with some left covered in blood. Video
Post New Article