General Discussion

Kid Berwyn

(25,700 posts) Thu Jul 2, 2026, 12:17 PM Jul 2

Trump Loaded Up on ABT Stock Before His DOJ Dropped Criminal Probe [View all]

The New Octopus -- The Nightmare by Mark Bryan.

Trump Loaded Up on Abbott Laboratories Stock Before His DOJ Dropped Criminal Probe

Abbott, which donated $500,000 to the president’s inaugural fund, faced an investigation stemming from alleged deadly contamination at one of its baby formula plants in Michigan.

by Jake Johnson
Common Dreams, July 02, 2026

US President Donald Trump last year purchased hundreds of thousands of dollars of Abbott Laboratories stock before his Justice Department dropped a years-long criminal investigation into the company, which was accused of misconduct after infant hospitalizations and deaths were linked to one of its baby formula factories.

The stock purchases were revealed in the president’s annual financial disclosure report, which spans 927 pages and shows thousands of trades valued at over $1 billion. Trump’s first purchase of Abbott stock last year was made in late September, and the president bought around $500,000 worth of shares in total in 2025, according to the nonprofit media organization More Perfect Union.

The Wall Street Journal reported on Sunday that “top decision makers” at the Department of Justice shut down the criminal investigation into Abbott—which donated $500,000 to Trump’s inaugural fund—even though “some prosecutors believed they had evidence to criminally charge the company under a law they have used to pursue other businesses for allegedly selling contaminated foods.”

Snip...

The Food and Drug Administration received reports of at least nine infant deaths linked to baby formula produced at Abbott’s Sturgis plant, which the company temporarily shut down amid fears of dangerous contamination. The Justice Department launched its investigation into Abbott, the largest infant formula manufacturer in the US, in 2023, under the administration of former President Joe Biden.

Continues...

https://www.commondreams.org/news/trump-abbott-laboratories

Traitor may be a stupid turd, but he sure knows how to transform "public service" into a self-service all you can grift smorgasbord of crime.

37 replies

= new reply since forum marked as read

Highlight:

Trump Loaded Up on ABT Stock Before His DOJ Dropped Criminal Probe [View all] Kid Berwyn Jul 2 OP

Blatant underpants Jul 2 #1

Yep, but "when you're a star, they let you do it" -- like the blatant lying William Seger Jul 2 #13

Trump Trackers Kid Berwyn Jul 2 #17

Always a pay off for him, always. Passages Jul 2 #2

Gov. Newsom noticed that, too. Kid Berwyn Jul 2 #18

It's disgusting. Another issue that angers me too, is he seems to be confident he will never Passages Jul 2 #26

Uncle Sam has protected Trump and BFF Epstein for a long time. Kid Berwyn Jul 2 #30

He's the most corrupt politician in American history. Only list of "accomplishments" he'll ever top. highplainsdem Jul 2 #3

True. Lucky for us he's vain and ignorant. Kid Berwyn Jul 2 #19

I really hope some bigger news outlets pick this story up AZJonnie Jul 2 #4

Also saw the report on 'Common Dreams,' hardly a major news source. sop Jul 2 #10

Common Dreams has been a rock of truth since Baby Doc Bush ignored Osama bin Laden. Kid Berwyn Jul 2 #20

Like I say, I like that outfit quite a lot! AZJonnie Jul 2 #29

Small city newspapers are doing a better job reporting Trump's corruption than major news outlets. sop Jul 2 #37

This is an insult to cephalopods! harumph Jul 2 #5

Totally. Kid Berwyn Jul 2 #21

And absolutely nothing will be done about it. bif Jul 2 #6

Hopefully, soon after January 3, 2027... Justice matters. Jul 2 #11

GOP Prohibition should end January 1, 2027. Kid Berwyn Jul 2 #23

It's not insider trading, it's just a coincidence, see? LudwigPastorius Jul 2 #7

Drumpf discloses 327 unreported stock trades made a day before his first tariff pause Kid Berwyn Jul 2 #25

Everything he does is so fucking criminal. Initech Jul 2 #8

Truly. He even prosecutes innocent people for political advantage. Kid Berwyn Jul 2 #27

A Major was arrested yesterday for speaking out Ponietz Jul 2 #9

They will side with the Constitution of the United States of America. Kid Berwyn Jul 2 #32

Major. Watson was delivering a message from the Joint Chiefs Ponietz Jul 2 #35

Trump has probably been involved in hundreds of similar market manipulation schemes since being re-elected. sop Jul 2 #12

Cheri Jacobus reported his net worth tripled to $6.3 billion Kid Berwyn Jul 2 #33

I'm so old I can remember back when this wasn't allowed, especially for a President FakeNoose Jul 2 #14

The teleprompter at Felon47's next speech needs to include Ilsa Jul 2 #15

Next to Putin hes the world biggest financial criminal. BradBo Jul 2 #16

That's for sure malaise Jul 2 #22

He's a crime savant lame54 Jul 2 #24

Arrest this MFer D_Master81 Jul 2 #28

But--but djt just said yesterday that he has no knowledge of his investments -- that's allegorical oracle Jul 2 #31

Trump is a well known micromanager, except when the legal heat is on, then he claims he has no involvement sop Jul 2 #36

Kick dalton99a Jul 2 #34