Trump and Friends Cash In: Including Wilbur Poss, Rick Perry, Rex Tillerson, Gary Cohn & more....
All was and is happening under our eyes-in the open. We know about it but little can be done legally. No ethics in the White House and Trumps cabinet and staff.
Trump and Friends Cash In
Members and backers of the Trump administration are profiting from DAPL while scheming to make even bigger bucks shipping oil and petrochemicals overseas.
https://psmag.com/magazine/trump-and-friends-cash-in
Antonia Juhasz
Sep 12, 2018
A version of this story originally appeared in the September/October 2018 issue of Pacific Standard as a sidebar to "Death on the Dakota Access."
The Producer
Harold Hamm, Chairman and CEO, Continental Resources
"Fracking King" Harold Hamm, dubbed Trump's "energy whisperer" for his oversized role influencing the candidate's energy policy, was a regular Trump sidekick at oil-country appearances pre- and post-election. Hamm donated personally to Trump's presidential bid, while Continental Resources ponied up $100,000 for the inauguration. After DAPL's completion, Continental's Bakken oil production surged, rising 58 percent between the last quarters of 2016 and 2017 and nearly 50 percent between March of 2017 and March of 2018............................
The Middlemen
Trump and Friends Cash In: Members and backers of the Trump administration are profiting from DAPL while scheming to make even bigger bucks shipping oil and petrochemicals overseas.
Kelcy Warren, Chairman and CEO, Energy Transfer Partners
Rick Perry, Secretary of Energy
Warren donated $100,000 to Trump's joint fundraising committee.........................
The Player
Wilbur Ross, Secretary of Commerce
Called the "king of bankruptcy" by Forbes, and elsewhere as "one of the best bottom feeders in the business," Ross helped bail out Trump's Taj Mahal casino back in 1991........................................
The Wolf in Sheep's Clothing
Rex Tillerson, Former CEO, ExxonMobil, Former Secretary of State
ExxonMobil's already significant Bakken operations caused it to be named one of DAPL's likely financial beneficiaries by investment website Seeking Alpha,..............................................................
The Facilitator
John Paulson, President and Portfolio Manager, Paulson & Co., Inc.
One of the first people on Wall Street to back Trump for president, Paulson served as a campaign economic adviser ................................... Goldman Sachs is part owner of Oasis Petroleum.
The Financier
Gary Cohn, Former President and CEO, Goldman Sachs Group, Former National Economic Council Director and Chief Economic Adviser to Trump
At Goldman, Gary Cohn helped define how modern banks make billions off energy, particularly oil. Called "a hedge fund in drag," Goldman has co-owned oil and gas pipelines (including the Kinder Morgan pipeline company), thousands of wells, and even a refinery in Kansas. ....................................
The Dealmaker
Donald Trump, President of the United States 
One of Trump's first orders of business upon entering office was a presidential memorandum clearing the way for DAPL completion, signed on January 24th, 2017. In his 2015 financial disclosure, Trump had reported between $3 million and $15 million invested in Paulson's hedge funds; between $25 million and $50 million in a BlackRock pooled investment fund (BlackRock has invested billions in oil and gas); between $500,000 and $1 million invested in both Energy Transfer Partners and Phillips 66 (which owns 25 percent of DAPL); and between $50,001 and $100,000 in ExxonMobil and EOG Resources (a leading Bakken producer), as well as many other oil companies. In his 2016 disclosure, Trump reported reduced holdings in Energy Transfer Partners and Phillips 66; he then reported selling all of his shares in all companies in June of 2016, though no evidence of that has ever been made public, and he made no comment on the status of his hedge-fund investments.
https://psmag.com/.image/c_limit%2Ccs_srgb%2Cq_auto:good%2Cw_300/MTU3ODUxMjg4NTk0Mjk0NDk1/dapl-sidebar.jpg
= new reply since forum marked as read
