Grifters Gotta Grift, Part Infinity

Walking Unisom Wilbur Ross: “Hold my beer. And my soup.”

Hey guys, remember that time Wilbur Ross shorted the Russian stock Navigator Holdings when he was contacted by the New York Times about the story they were writing about his ties to that company?

It seems the Dims have sent a letter to the SEC asking them to investigate it.

Democratic Sens. Elizabeth Warren (Mass.), Richard Blumenthal (Conn.), and Rep. Elijah Cummings (Md.) asked SEC Commissioner Jay Clayton in a letter released Thursday to probe Ross’s sale of shares of a shipping company with ties to the Russian government.

Ross shorted shares of Navigator Holdings after he learned that reporters at the New York Times were preparing to write a story about his ties to the Russian-linked company, according to Forbes.

The Times reported that Ross placed his bet against the stock price three days after the paper had contacted him about the story, and five days before the story was published. Navigator’s share plummeted soon after the Times ran the story, netting Ross between $100,000 and $250,000.

We should note that Ross still has not released his amended Financial Disclosure forms mentioned in the first link.

Commerce Department spokesman James Rockas told the The Hill in a Wednesday email that Ross “continues to follow the guidance of Department of Commerce ethics officials to ensure compliance with federal laws and regulations,” and that “ethics officials have certified that the transactions documented are in compliance with federal ethics requirements.”

“Ethics officials have certified that the transactions documented are in compliance with federal ethics requirements.” Now THAT’s a phrase that in this administration has nuances!

Anyway, I’m sure that there is more to come in the Saga of Wilburrr Ross.

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7 Responses to Grifters Gotta Grift, Part Infinity

  1. And the bust out of America continues….

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  2. donnah says:

    Hold a crook in the Trump Administration accountable! Unpossible!

    Liked by 1 person

  3. Dennis Cole says:

    Ethics in DC are an endangered species that will NEVER make the Endangered Species list.

    Liked by 1 person

  4. roket says:

    Who are these ‘ethics officials’ of whom he speaks? We will need names for future reference.

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  5. RWW says:

    Get ready for this: as the head of the “Unitary” Executive Branch, what passes for ethical standards, let alone what passes for compliance with those standards, will be whatever Comrade Stupid says they are. That’s the ONLY direction he’s taking us, with a lot of help from the usual suspects, including most of the media, and his new best friends the SCROTUS.

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  6. Bruce388 says:

    Few people realized when FatNixon talked about draining the swamp he planned to put the swamp in his cabinet.

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