Commerce Secretary Wilbur Ross shorted shares of a Kremlin-linked company days before a bombshell story dropped – Business Insider

Commerce Secretary Wilbur Ross shorted shares of a Kremlin-linked company days before a bombshell story dropped – Business Insider


Business Insider

Commerce Secretary Wilbur Ross shorted shares of a Kremlin-linked company days before a bombshell story dropped
Business Insider
… a potentially negative story, Forbes reported. Russian President Vladimir Putin's son-in-law owns a stake in the company that was once as large as 20%. In a statement, Ross said he did not receive nonpublic information before betting against the
Wilbur Ross Denies Insider Trade in Shorting Russia-Linked FirmBloomberg
Commerce Secretary Shorted Stock as Negative Coverage LoomedNew York Times

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Commerce Secretary Wilbur Ross shorted shares of a Kremlin-linked company days before a bombshell story dropped – Business Insider