Ep. 270: Are Donald Trump and His Inner Circle Manipulating the Stock Market For Their Own Personal Gain?

The Chauncey DeVega Show

William Cohan is a New York Times bestselling author of several books about finance and Wall Street which include, Money and Power: How Goldman Sachs Came to Rule the World and House of Cards: A Tale of Hubris and Wretched Excess on Wall Street. His most recent book is Why Wall Street Matters.

Cohan is also a special correspondent at Vanity Fair and a columnist for the New York Times. His writing has been featured be The Financial Times, The Atlantic, The Nation, Bloomberg BusinessWeek, Fortune, and Politico.

Cohan shares his theory and evidence connecting high-profile events such as Trump’s assassination of Iranian General Qasem Soleimani with the purchase of defense industry stocks and futures contracts – hours before said events took place. He also highlights how Trump’s deregulation of oversight and other protections would enable such a scheme and identifies the various people in Trump’s orbit who could facilitate alleged insider trading.

And Cohan explains how a culture of greed and megalomania common to Wall Street encourages and rewards insider trading and other likely illegal behavior.

Chauncey DeVega analyzes this week of Trump’s impeachment trial in the Senate and warns the American people that they should be afraid of and very weary of those cowardly and in denial public voices he describes as “hope peddlers”.

And Chauncey shares a wonderful story about an honored elder who brought the fire and the thunder in the form of an old school beatdown to a burglar-hoodlum who entered her castle with the goal of causing her physical harm and stealing her prized possessions.

SELECTED LINKS OF INTEREST FOR THIS EPISODE OF THE CHAUNCEY DEVEGA SHOW

• The Fantastically Profitable Mystery of the Trump Chaos Trades
• Trump’s impeachment defense is designed to destroy guardrails on presidential power
• Trump’s infuriating sham of an impeachment trial confirms our worst fears
• Dictators Without Borders
• The Left and Right Are Wrong About Inequality
• 'He picked the wrong house': Bodybuilder, 82, fights break-in suspect

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Music at the end of this week's episode of The Chauncey DeVega Show is by JC Brooks & the Uptown Sound. You can listen to some of their great music on Spotify.