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  • 17.5% haircut

    From JAB@21:1/5 to All on Sun May 4 11:51:43 2025
    Billionaires ramped up support for Trump in 2024 and are now watching
    their fortunes plummet (-7.4% already). Not surprising for a GOP
    admin--it's history repeating itself.

    The billionaires who attended Trump's inauguration are faring even
    worse--they are down a combined $194B YTD, a 17.5% haircut.

    https://bsky.app/profile/adambonica.bsky.social/post/3lnviwbezik2b

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Kerr-Mudd, John@21:1/5 to JAB on Sun May 4 20:33:43 2025
    On Sun, 04 May 2025 11:51:43 -0500
    JAB <here@is.invalid> wrote:

    Billionaires ramped up support for Trump in 2024 and are now watching
    their fortunes plummet (-7.4% already). Not surprising for a GOP
    admin--it's history repeating itself.

    The billionaires who attended Trump's inauguration are faring even worse--they are down a combined $194B YTD, a 17.5% haircut.


    But I doubt they've had to cut back much on their lifestyles.

    https://bsky.app/profile/adambonica.bsky.social/post/3lnviwbezik2b



    --
    Bah, and indeed Humbug.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to All on Sun May 4 14:48:51 2025
    On Sun, 4 May 2025 20:33:43 +0100, "Kerr-Mudd, John" <admin@127.0.0.1>
    wrote:

    The billionaires who attended Trump's inauguration are faring even
    worse--they are down a combined $194B YTD, a 17.5% haircut.

    But I doubt they've had to cut back much on their lifestyles.

    If any had a Tesla, I'm sure they got rid of them, except for Elon.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)