Leopards Ate My Face

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Citadel CEO Ken Griffin donated over $108 million to the GOP in 2024. Now he warns Trump’s Tariffs Are Tarnishing the ‘American Brand’. (observer.com)

submitted 5 days ago by BoycottPro@lemm.ee to c/leopardsatemyface@lemmy.world

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The article says:

Ken Griffin says Trump’s tariff strategy is eroding America’s global standing and investor trust in U.S. financial stability.

We already knew this was going to happen. On June 26, 2024 Reuters released an article with the headline "16 Nobel Prize-winning economists say Trump policies will fuel inflation". Trump campaigned on tariffs.

In my view this really undermines the creditably of Ken Griffin because an investor should be able to accurately asses information and determine its credibility to make proper investing decisions. Someone who falls for Fox "News" drivel wouldn't be a good investor. This is why Warren Buffet is outperforming other investors now, he properly prepared himself for Trump's tariffs.

Source for donation amount: https://www.opensecrets.org/elections-overview/biggest-donors

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[–] nkat2112@sh.itjust.works 4 points 4 days ago (1 children)

https://www.dailymail.co.uk/news/article-2962885/Billionaire-Ken-Griffin-accused-throwing-bedpost-wife-Anne-Dias-Chicago-argument.html

Not that the Daily Mail is the most reliable source out there, but I was curious as to why posters in this thread were talking about "bed posts". I came to discover there is certainly a valid reason why.

More importantly than what CEOs say is the problem of the CEO. We need to decide what we will do with the CEOs and how we will redistribute the stolen wealth.

[–] BoycottPro@lemm.ee 2 points 4 days ago

Now I understand. Also I looked up the Mayo joke and found the explanations for that here: https://old.reddit.com/r/amcstock/comments/pek85m/what_is_the_ken_griffinmayo_backstory/

I didn't know the lore behind him because I just found out about him because I was reviewing the top donor list on open secrets, I searched his name and found that article.