Official 'Forced' to Sell Stock, Coincidentally Saves Millions
The NYT highlights Frank Bisignano, a former Trump White House official, whose required divestment from Fiserv stock miraculously occurred right before a significant market downturn for the company. Bisignano, now CEO of Fiserv, avoided millions in potential losses. This isn't just a happy coincidence; it's a peek behind the curtain of D.C.'s revolving door. While the public frets over inflation,
these characters seem to possess an uncanny ability to navigate financial landmines, often profiting handsomely from information privy only to the well-connected. We’re told it's about avoiding 'conflicts of interest,' which sounds so noble. Yet, the outcome often looks eerily similar to insider trading, just with a government-sanctioned twist. How many 'public servants' find themselves
unexpectedly richer after clearing their portfolios due to 'ethics' rules, while the rest of us watch our 401ks shrink? The system isn't rigged; it's just really, really good at making the right people richer at exactly the right time.