President Trump announces on July 28 that Eastman Kodak will receive a loan to manufacture ingredients used in pharmaceuticals.President Trump announces on July 28 that Eastman Kodak will receive a loan to manufacture ingredients used in pharmaceuticals.
"I don't want to see a once-prestigious American brand go bankrupt. I love the idea that companies can continue; they can shift into new spaces," one congressional aide said."And, if there's a clear or helpful way of doing that here, I'm open-minded about it. ... But why is Kodak the right company?" "I really do hope that that analysis has been thorough because many questions will arise like, you know, why wasn't Kodak raising this money from the public market? It's a publicly traded company," she said.
But the DFC has now put the deal on hold after the Securities and Exchange Commission launched an investigation into potential insider trading after a massive amount of Kodak shares traded hands the day before the loan's announcement. "The Company appreciates and supports the DFC's decision to await clarification before moving forward with the process," said Arielle Patrick, a spokeswoman for Kodak.
Nice, gift them the money, pre-purchase the stock, rally till you hit the ceiling, sell, move the cash to a blind trust or hold co. Move forward up1000% on your return. What a fucking disaster
$765 billion to a camera company to try making drugs is cool with trump but just 5% of that amount to help the US Post Office continue to operate the same business it has for over 200 years is a out of the question. Btw, over half of Kodak’s 4,00+ employees dont work in the US
And this was endorsed by who again?
asmamk Weird
Elizabeth Warren said
☠️👺🤡🤡🤡🤡 HIS THE BIGGEST SICKEST, NASTIEST, CORRUPT THING THAT UNFORTUNATELY WAS BORN IN OUR COUNTRY. (I don't want to call him human ) 🤡👺☠️💀😡‼️
Hopefully the SEC will dig deep on this one, it really smells!
Now this is a Kodak moment lol
Clearly a tRump initiative. If it's nasty, it's tRump.
Oh, so realDonaldTrump administration's war-effort-like idea of working with Kodak to secure testing and vaccine manufacturing is full of corruption? Weird.
Judges Lon S. Arend, Judge Edward Nicholas, of Manatee County, Judges Northcutt, Kelly, Villanti, Casanueva , Khouzam and Atkinson of the Second DCA all use the court to steal property and commit criminal extortion making the FL. Bar the biggest criminal organization in Florida
BenitaZahn All of the instances of insider trading must be prosecuted.
Love love love love this. Get ‘em all!!!!!
Was that Republican senator woman involved again? What was her name? Was she tried for that yet?
gut this fish Send a message to repressive and elitists leaders by charging Trump with CrimesAgainstHumanity
Greed
So mama, don't take my Kodachrome away Paul Simon
Corrupt
So no deal, but insiders still rode the pump up.... lots of money was made on Kodak. SEC should find out by whom.
White House opens the shutter on the camera company.
I love it when his bullshit gets blocked.
Really draining that swamp there realDonaldTrump.
They need to check Trumps blind trust and all the families and cross check against al Trumps market sensitive announcements. You can bet there’s insider trading before every announcement.
A long-suffering, old-school, corporation that failed to adapt to obvious, massive, technological change, claims it can shift into a completely new business sector if backed with huge government loan that propelled frenzied share trading the day before announced. No problem here.
Being from RochesterNY I knew this was a farce when PeterNavarro45 showed up to announce. He only covers the jokes for the WhiteHouse ROC
Thank you Warren!!
They didn't even make an effort to hide the grift.
Grifters gotta grift
Now let’s investigate the senators who shuffled their entire portfolios after the confidential Covid meeting.
Thanx for that
Who was excited about this deal huh?
Prior 2 the Trump admin giving Kodak this deal, shares were trading $2 Trump admin gives them the deal...it hits $43.58 on July 30 Looks like someone decided Kodak was a place 2 make quick $$$$$$ if they had a govt COVID contract The rich get richer
Grifters gonna grift.
realDonaldTrump corrupts everything
Duh!! I wonder whose crime family benefited from the insider trading? .
New product: Kodak FinCENmatic
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