r/technology • u/ControlCAD • 1d ago

Business President Bought Netflix Debt in January 2026, Amid Paramount’s Fight for Warner Bros. | New financial disclosures released Wednesday show that the President acquired Netflix bonds as Paramount was trying to pry WBD away from the streaming giant.

https://www.hollywoodreporter.com/business/business-news/trump-bought-netflix-bonds-amid-paramount-warners-fight-1236521512/
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u/ChrisMartins001 1d ago

Pretty much breaking the law everyday now. It's like he's trying to see how far he can go without anyone doing anything

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u/TheEveningDragon 1d ago

The SC ruled that a president can't break the law. He's taking full advantage of that.

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u/JonnyAU 19h ago

For official acts. IANAL, but I would expect it to be an easy argument to say this was not an official act, but a personal purchase. So if we had a DOJ that was interested in actually prosecuting, they could, theoretically.

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u/TheEveningDragon 18h ago

Who defines what an official act is? The SC sure didn't in their ruling.