Trump Bought Lots Of Dell Stock — Then The Pentagon Gave Dell A $9.7 Billion Contract

Stalin

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the trickle becomes a flood...the shameless huckster grabs as much loot as possible...

President Donald Trump bought a load of Dell Technologies stock just months before the computer maker received a massive Pentagon contract, in yet another example of how the president can benefit financially from his work in the White House.

The Defense Department announced Wednesday that Dell had won a $9.7 billion, five-year contract to provide software to the military. Back on Feb. 10, Trump purchased somewhere between $1 million and $5 million worth of Dell stock, according to his periodic financial transaction report.

The public did not become aware of that stock purchase until the disclosures were filed earlier this month, as required by law. But in the meantime, the president repeatedly hyped Dell in a series of public speeches, even going so far as to urge people to “go out and buy a Dell computer.”

They make a great product,” the president said less than two weeks after the stock buy.

Before scoring the Pentagon deal, the Dell family had effectively promoted the president by donating $6.25 billion in funding for so-called “Trump accounts,” the new tax-advantaged savings vehicles created by the president’s One Big Beautiful Bill Act.

“I want to thank the Dell family. It’s a great family. He is amazing; she is amazing,” the president said on May 8, referring to Susan and Michael Dell, the company’s billionaire founder.

All the while, Dell stock has soared.


comrade stalin
moscow
 
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