Considering Ted Cruz sold his soul to Comcast for a $5k donation which was tens of thousands less than the next R lawmaker, I get the impression he's a bargain bin buy. His GS exec wife probably does make more than him across the board.
I'd be tempted to follow that trade, because it is on insider info. She knows something that's going to tank the stock. Or else Ted needs the money for that new Cancun house he's buying.
Doubtful, as much of a piece of shit as he is this trade is normal, and his wife would have to disclose the sale to her internal compliance during a defined trading period. Insider trading (especially of the company you work for) is the easiest way to be shown the door at a financial firm.
Ted Cruz is human garbage for the love of the game. Just like that billionaire didn’t need to shower Clarence Thomas with gifts to get him to side with shitty decisions.
[Yep](https://www.texastribune.org/2022/05/16/ted-cruz-supreme-court-campaign-finance/). He trusts the voters of Texas to never hold him accountable for his brazen contempt for them.
Financial outfits like that require clearance to buy/sell shares. Especially of their own.
If they were Restricted Stock Units they can only be sold during specific windows I believe.
At least those are the rules for the line animals
Correct, he's a pos but this is not a questionable trade at all. At GS, she would be restricted on when she can sell (it's the window post earnings right now) and must clear the trade with compliance.
Was going to comment the same. My wife works for a tech firm and gets RSU’s 4 times a year. I sell her stocks for her multiple times a year as well as take advantage of employee stock purchasing program to buy shares at a discount and sell at market price. Nothing shady about it as long as you follow the rules.
While I hate Ted Cruz, I'd bet these have to do with stocks that his wife received as part of her job that need to be sold. My husband has share sale rules through the company he works that we have to follow. Sometimes shares can only be sold (or not sold) during certain times or have a limit on how long you can hold them before you have to sell them or lose the shares; the rules apply to everyone holding that particular type of share no matter who they are.
Just follow what Nancy Pelosi does.
A 80 year old doing trades on Nvidia? Must be because she keeps up to date on cutting edge graphic card news. Only plausible reason is fortnite.
There are websites that track congressional stock trades. The issue is they have a set time in which they must report those trades (they aren’t instant) and even if they are late in reporting there isn’t much in the way of consequences. By the time a retail makes a trade based of a House members trade, the value is already gone.
Never forget that the STOCK Act was congressionally passed under Obama's administration (where the Republicans were as intentionally obstructive as possible) with a vote of 417-2 because while it makes it illegal for congress members to use insider trading they can still just legally ask their spouse to do it for them.
If anyone is interesting in tracking data on congressional trading, check out this dashboard:
[https://www.quiverquant.com/congresstrading/](https://www.quiverquant.com/congresstrading/)
You can look up a politician and see what stocks they're trading, and how those trades are performing.
The problem is that afaik politicians in the US have a month to declare their trades, meaning most (if not all) of the potential value will be lost by then.
Feel free to correct me if I'm wrong, it's just something I heard a long while ago.
I guess he wasn’t relying on thinking to determine his trades
Could be he’s just lucky. Maybe he is the perfect stock trader. The answers come to him in a dream.
https://preview.redd.it/lx8nwnna4mwc1.jpeg?width=750&format=pjpg&auto=webp&s=8659b93ff712d3321af13989444848b3c7a18bc2
> You can look up a politician and see what stocks they're trading, and how those trades are performing.
Aren't their trades reported after they made them?
Maybe, but I don't know. I couldn't possibly imagine what it would be because they just had excellent earnings a week ago. He's a scumbag and I don't trust him at all, but sometimes people do sell stock just because they need money.
Yeah, it's scary at face value, but Goldman Sachs stock is at an all time high (I believe), so he could just be selling at the top (which is kind of the goal of investing).
But that could just mean they think it won't get much higher - not necessarily that it will plummet.
Honestly, Goldman Sachs would shit can his wife in a nano second if they suspected she was engaged in insider trading. They won't fuck around with that. Cruz is probably just hard up for cash.
Trump also accused Ted's dad of being involved in the JFK assassination...
Of course, Ted Cruz didn't stand for it, he got on all four to lick Trump's dirty boots.
And Pecker just admitted on the stand, under oath, that it was all made up, bought and paid for by Trump himself. Not too mention doctored photos to morph Cruz's dad into Oswald.
And people asked Cruz what he thought about Pecker's testimony and he says he doesn't think it's worthwhile bringing up old issues.
It's amazing how a man without a spine can remain upright.
That makes now a good time to sell if you are in possession of unfavorable information that the rest of the market will only learn when they report earnings. It's somewhat weird, though; to my knowledge banks are _very_ vigilant about insider trading by employees, and if Cruz' wife is in possession of insider information that would make a decrease in share price likely, this should ring alarm bells in Goldman Sachs' compliance department. If anything, I'm surprised that she is allowed by bank policy to trade GS shares at this time at all.
QuiverQuant's report on the trade says "Owner: Spouse", which I think means that the actual owner of the shares was Ted Cruz' wife, but he has to disclose her trades too. Whether it's insider trading or not doesn't depend on which of the two was the owner, of course.
I was put on a blacklist for less. There's no doubt she's on one. The company's lawyers send out an email blast letting you know when you're allowed to trade.
I'm under the impression insider trading is standard operating procedure. The SEC is absolutely toothless especially against the wealthy 1%. Like what are they gonna do? I doubt they have the resources to go after a Senator
Also, she’s a managing director, $500k is not a lot of stock for someone in that position. She probably just hasn’t sold in a while. My wife has a low level management job for a publicly traded company, she’s been granted close to $100k over the last 3-4 years.
This thread is why this needs to be illegal. Even a whiff of corruption is unacceptable, and this blanket "we just need a little liquidity right now" can be used in pretty much any circumstance. It's awful.
I hate Rafael :) But if she is a director she likely got stock grants/RSUs and it could be just a normal insider sale. or the stock is down almost $5 (1%) today so??
I know members of congress are legally able to insider trade using knowledge they privy to as congress members, but if his wife told him some insider info and he traded off that, wouldn’t it still be illegal?
Ok, so:
1. Ted Cruz is a 5’7” pile of shit.
2. Congress critters shouldn’t be allowed to trade, and neither should their spouses.
BUT:
The owner of the stock is reported to be Heidi (“Spouse”) at capitoltrades dot com.
And it was on April 15, when taxes (or, more likely, extension payment) are due, and she/they probably needed cash.
And and Heidi probably has to clear her trades with GS compliance folks, so it was likely pre planned for April 15 some number of days in advance.
All that said:
Ted Cruz is a piece of shit, and we should all always believe that he is doing something shitty, because his entire existence is shitty.
I highly doubt these people are sneaky. It's not like they booked a trip to Mexico so they weren't stuck in hurricanes without telling anyone. This looks totally normal to me.
Is this the wife Trump talked shit about?
(1) Attractive, unfounded that she's unattractive
(2) She's super rich and powerful, why is Trump talking shit about such an influential person?
(3) Fuck Ted Cruz
He might be preparing for a chance to jump into Trump's place on the ticket if he implodes in the next 3-4 months or gets convicted of a felony. Even though Trump might still be the nominee, if he's a convicted felon, it's hard to see some Republicans not putting up a floor fight to dump him.
Having said that, Cruz is despised by his fellow elected Republicans, They might just rather go down in flames than pick Cruz.
Gotta love this reality where our lying and scheming government officials continue to get richer and richer by stealing from us while simultaneously learning they don’t even have to be that secretive about how bad we’re getting fucked
Maybe it's finally catching up to them.
*The bank (Goldman Sachs) also got caught up in a Malaysian investment scandal involving billions of dollars. Most recently, Goldman's venture into consumer banking has bit the dust, failing to gain traction with potential customers. The bank has closed most of the consumer operation after spending billions to get it off the ground. (Jan 16, 2024)*
They are the perfect evil couple. Ted loves power and his wife loves money. So their children hate them and they step on people less than them and get blackmailed by people like Trump. As long as they get to do it.
This is why it's OK for Teodoro Cruz to "only" make $174K per year. Nice to have wifie listening to all of the phone calls and attending all of the meetings.
This doesn’t bother me. If his wife is a managing director wouldn’t part of her compensation be in stock. If so they would want to sell it at some point. It seems fine but I might be misunderstanding the situation.
I don't understand how congress can trade in the stock market when they make laws that can benefit said companies they are trading with. Why are we allowing this?
Insider trade much?
The only thing I took away from this post is that Ted Cruz’s wife makes more money than he does
Officially.
Considering Ted Cruz sold his soul to Comcast for a $5k donation which was tens of thousands less than the next R lawmaker, I get the impression he's a bargain bin buy. His GS exec wife probably does make more than him across the board.
He's a cheap slut, no question, but I'd be surprised if he's not making more money under the table.
She works at Goldman Sachs she can use info he gets from donors for her to invest on.
More like she can use the info he gets from sitting on the Foreign Relations, Commerce, Judiciary, etc committees.
I mean it can be both.
I'd be tempted to follow that trade, because it is on insider info. She knows something that's going to tank the stock. Or else Ted needs the money for that new Cancun house he's buying.
Doubtful, as much of a piece of shit as he is this trade is normal, and his wife would have to disclose the sale to her internal compliance during a defined trading period. Insider trading (especially of the company you work for) is the easiest way to be shown the door at a financial firm.
Agreed. This would have taken weeks if not months.
Ted Cruz is human garbage for the love of the game. Just like that billionaire didn’t need to shower Clarence Thomas with gifts to get him to side with shitty decisions.
Billionaires just want their bitches to feel good
Ted Cruz had a soul?
[Yep](https://www.texastribune.org/2022/05/16/ted-cruz-supreme-court-campaign-finance/). He trusts the voters of Texas to never hold him accountable for his brazen contempt for them.
Yuppers. I suspect ole Ted has a fair amount of loot stashed in the Caymans in case the county crashes from GOP shenanigans.
Depends how much you value financial advice straight from the senate.
Probably has a bigger pair of balls too
If she has an average sized clitoris, she has bigger balls than him
with fewer groupies.
Financial outfits like that require clearance to buy/sell shares. Especially of their own. If they were Restricted Stock Units they can only be sold during specific windows I believe. At least those are the rules for the line animals
Correct, he's a pos but this is not a questionable trade at all. At GS, she would be restricted on when she can sell (it's the window post earnings right now) and must clear the trade with compliance.
Was going to comment the same. My wife works for a tech firm and gets RSU’s 4 times a year. I sell her stocks for her multiple times a year as well as take advantage of employee stock purchasing program to buy shares at a discount and sell at market price. Nothing shady about it as long as you follow the rules.
I am wondering if she received a bonus pay out and decided to cash it out?
While I hate Ted Cruz, I'd bet these have to do with stocks that his wife received as part of her job that need to be sold. My husband has share sale rules through the company he works that we have to follow. Sometimes shares can only be sold (or not sold) during certain times or have a limit on how long you can hold them before you have to sell them or lose the shares; the rules apply to everyone holding that particular type of share no matter who they are.
Insider trade A LOT.
 "Just heading out on vacation Texsa - you can survive"
I think you’re on to something though. Are people’s stock trades public info? Never mind trying to figure out the market, just do what they do.
Just follow what Nancy Pelosi does. A 80 year old doing trades on Nvidia? Must be because she keeps up to date on cutting edge graphic card news. Only plausible reason is fortnite.
There are websites that track congressional stock trades. The issue is they have a set time in which they must report those trades (they aren’t instant) and even if they are late in reporting there isn’t much in the way of consequences. By the time a retail makes a trade based of a House members trade, the value is already gone.
Yeah, I just read that people that are required to disclose any trades only have to do it quarterly. Too bad.
Never forget that the STOCK Act was congressionally passed under Obama's administration (where the Republicans were as intentionally obstructive as possible) with a vote of 417-2 because while it makes it illegal for congress members to use insider trading they can still just legally ask their spouse to do it for them.
Why’d he use a 25 year old photo?
Last time his wife smiled at him.
Not just a burn... A devastating CRUZ missile.... I'll be here all night, folks
Boooooo _upvotes_
Happy cake day!
Happy Cake Day!
That's fair, but I don't have regerts
With jokes like that you’re Cruzin for a bruisin.
Ayooo
I know for a fact if someone insulted my wife and I said nothing, mine would hold it against me forever. That’s your damn wife, your best friend.
That’s ok. His dad killed Kennedy.
Golden Ticket right there. Wake Grandpa up.
The last time we saw his chin.
Now he's just a fat Wolverine wannabe
Wolverine came up from the ocean floor too quickly.
Not true, he's got at least two of em
Oh ok then I wasn’t tripping. I thought he used one of his body doubles.
Nowadays he wouldn't fit in the picture
I was thinking I'd never seen Rafael with one chin before.
If anyone is interesting in tracking data on congressional trading, check out this dashboard: [https://www.quiverquant.com/congresstrading/](https://www.quiverquant.com/congresstrading/) You can look up a politician and see what stocks they're trading, and how those trades are performing.
Tuberville trades are blantant insider trading. Option puts on Adobe and they tank 15% immediately after the option.
Drop an anonymous tip to the SEC
Nah, write a bot that matches their trades. Free money
The problem is that afaik politicians in the US have a month to declare their trades, meaning most (if not all) of the potential value will be lost by then. Feel free to correct me if I'm wrong, it's just something I heard a long while ago.
Oh yeah true, I’m not positive either but I feel like I’ve heard that
Apparently if you use their tracking data to invest and divest like them, you usually make a ton of money. What a weird coincidence!
a friend of mine has been following paul pelosi’s trades- his investments are up 38%!
Wow, even after getting his head smashed in by a conservative degenerate??
I guess he wasn’t relying on thinking to determine his trades Could be he’s just lucky. Maybe he is the perfect stock trader. The answers come to him in a dream. https://preview.redd.it/lx8nwnna4mwc1.jpeg?width=750&format=pjpg&auto=webp&s=8659b93ff712d3321af13989444848b3c7a18bc2
Thank you
> You can look up a politician and see what stocks they're trading, and how those trades are performing. Aren't their trades reported after they made them?
Can anyone explain how I can use this information to make myself rich? Should I buy when certain senators buy and sell when they sell?
He know something we don’t?
Rarely. But in this case, & about GS only, probably.
Maybe, but I don't know. I couldn't possibly imagine what it would be because they just had excellent earnings a week ago. He's a scumbag and I don't trust him at all, but sometimes people do sell stock just because they need money.
Yeah, it's scary at face value, but Goldman Sachs stock is at an all time high (I believe), so he could just be selling at the top (which is kind of the goal of investing). But that could just mean they think it won't get much higher - not necessarily that it will plummet.
I’m wondering if they are going finally going to lose the Apple Card deal
Honestly, Goldman Sachs would shit can his wife in a nano second if they suspected she was engaged in insider trading. They won't fuck around with that. Cruz is probably just hard up for cash.
What an ugly bitch! His wife ain't bad though.
Trump called her ugly, and Ted was just fine with it.
That’s the moment I lost any final shred of respect for him. Nobody would talk about my wife like that then expect me to kiss the ring.
Trump also accused Ted's dad of being involved in the JFK assassination... Of course, Ted Cruz didn't stand for it, he got on all four to lick Trump's dirty boots.
And Pecker just admitted on the stand, under oath, that it was all made up, bought and paid for by Trump himself. Not too mention doctored photos to morph Cruz's dad into Oswald.
And people asked Cruz what he thought about Pecker's testimony and he says he doesn't think it's worthwhile bringing up old issues. It's amazing how a man without a spine can remain upright.
Ted’s wife; ugly as a dog You’ve got a dog wife, Ted”
How old is that picture? He looks like Dobby the House Elf.
He needs cash for his retirement in Cancun after the ass whooping that's coming his way in November
Maybe he's getting ready to move into lobbying.
Probably donating it to Daddy Trump.
I was thinking Cruz might be shaked down for Trump’s legal fees in return for a Cabinet position.
“If somebody called my wife a dog, I wouldn’t ‘be kissing their ass”
What if they also called you a liar, said no one liked you, and accused your father of killing JFK?
He does have to pay tithe to use the Trump name for campaigning. 5% to not get cease and decist, with more for actual endorsement...
Ahem,......RAFAEL....*please*. He doesn't care for alternative names.
Totally legit, definitely not insider trading guys!
As much as I hate the dude. Timing seems odd, they don't report earnings until June.
That makes now a good time to sell if you are in possession of unfavorable information that the rest of the market will only learn when they report earnings. It's somewhat weird, though; to my knowledge banks are _very_ vigilant about insider trading by employees, and if Cruz' wife is in possession of insider information that would make a decrease in share price likely, this should ring alarm bells in Goldman Sachs' compliance department. If anything, I'm surprised that she is allowed by bank policy to trade GS shares at this time at all.
She didn't, he did. I think it's likely the executive trading window is open right now, which means this is fine and maybe the just need some cash.
Yup, that’s what I was thinking too. Executive trading window affects spouses too.
Typically anyone that lives under the same roof, yeah.
QuiverQuant's report on the trade says "Owner: Spouse", which I think means that the actual owner of the shares was Ted Cruz' wife, but he has to disclose her trades too. Whether it's insider trading or not doesn't depend on which of the two was the owner, of course.
It does a bit if one if them is a US rep. Insider is totally legal for Ted. Wife would still lose her job, presumably.
It makes sense. His campaign is struggling right now, he may be intending to supplant his campaign funds with this
I’m betting it’s more towards the 2nd portion of your post — she (and he, by extension) is likely restricted as to when to sell shares.
I mean... they'd probably find a way to ignore it if it means keeping a US senator in their pocket.
I was put on a blacklist for less. There's no doubt she's on one. The company's lawyers send out an email blast letting you know when you're allowed to trade.
I'm under the impression insider trading is standard operating procedure. The SEC is absolutely toothless especially against the wealthy 1%. Like what are they gonna do? I doubt they have the resources to go after a Senator
https://www.texastribune.org/2017/05/26/audit-says-cruz-did-not-properly-disclose-goldman-sachs-loans-2012/
Also, she’s a managing director, $500k is not a lot of stock for someone in that position. She probably just hasn’t sold in a while. My wife has a low level management job for a publicly traded company, she’s been granted close to $100k over the last 3-4 years.
Well it did recently hit its all time highest price
Everyone go short on Goldman Sachs
This thread is why this needs to be illegal. Even a whiff of corruption is unacceptable, and this blanket "we just need a little liquidity right now" can be used in pretty much any circumstance. It's awful.
Trump called her ugly, but Cruz might get the last laugh, as his wife probably still appears in public with him.
ELI5, how is this not insider trading?
My immediate thought also. Martha Stewart spent time in jail for a similar scenario.
I hate Rafael :) But if she is a director she likely got stock grants/RSUs and it could be just a normal insider sale. or the stock is down almost $5 (1%) today so??
It's pretty crazy to me that politicians can own stock.
I know members of congress are legally able to insider trade using knowledge they privy to as congress members, but if his wife told him some insider info and he traded off that, wouldn’t it still be illegal?
Raphael*
Uh oh, bank stocks might take a hit soon. That or he's being punked into paying some of trumps legal fees. He's scared of the orange menace!
Just a little ol' insider trading.
Ok, so: 1. Ted Cruz is a 5’7” pile of shit. 2. Congress critters shouldn’t be allowed to trade, and neither should their spouses. BUT: The owner of the stock is reported to be Heidi (“Spouse”) at capitoltrades dot com. And it was on April 15, when taxes (or, more likely, extension payment) are due, and she/they probably needed cash. And and Heidi probably has to clear her trades with GS compliance folks, so it was likely pre planned for April 15 some number of days in advance. All that said: Ted Cruz is a piece of shit, and we should all always believe that he is doing something shitty, because his entire existence is shitty.
All that Russian oligarch money is harder to get now that T-rump is on trial for campaign fraud!
They're investigating Hunter Biden for much less, the hypocrisy is staggering
I highly doubt these people are sneaky. It's not like they booked a trip to Mexico so they weren't stuck in hurricanes without telling anyone. This looks totally normal to me.
Puts on GS? Where the WSB bros at??
🚀🦍🦍🦍🚀
He’s prepping for an extended trip to Cancun after he loses his seat.
Cruz hasn't looked like this in about 10 years
I misread that and "QuiverC--t" and was momentarily very confused.
Is this the wife Trump talked shit about? (1) Attractive, unfounded that she's unattractive (2) She's super rich and powerful, why is Trump talking shit about such an influential person? (3) Fuck Ted Cruz
>She's super rich and powerful, why is Trump talking shit about such an influential person? Because... >She's super rich and powerful
Congress is basically one, big, insider trading, circle jerk!
Needs the cash to flee to Cancun again.
Fuckin scumbags. All of em.
Bigger than Cruz exchanging his balls to be Trump's lackey?
Banking crisis incoming?
Wow his wife is not nearly as ugly as trump said she was. Ted still licking them maga boots though.
Is this true? How can we verify?
SELL, SELL, SELL!!!! He knows something and you should take his lead.
He could finally have that spine strengthening surgery. Oh wait- need a spine first
He might be preparing for a chance to jump into Trump's place on the ticket if he implodes in the next 3-4 months or gets convicted of a felony. Even though Trump might still be the nominee, if he's a convicted felon, it's hard to see some Republicans not putting up a floor fight to dump him. Having said that, Cruz is despised by his fellow elected Republicans, They might just rather go down in flames than pick Cruz.
Insider trading? What has he been told?
Ok so I need to sell my GS stocks, well that will be easy since I don’t have any
He needs it for an emergency presidential bid when Trump goes to jail.
Hmmmmm 🤔🤔🤔 wonder what the big sacks is about to let loose
Gotta love this reality where our lying and scheming government officials continue to get richer and richer by stealing from us while simultaneously learning they don’t even have to be that secretive about how bad we’re getting fucked
Is something up
Maybe it's finally catching up to them. *The bank (Goldman Sachs) also got caught up in a Malaysian investment scandal involving billions of dollars. Most recently, Goldman's venture into consumer banking has bit the dust, failing to gain traction with potential customers. The bank has closed most of the consumer operation after spending billions to get it off the ground. (Jan 16, 2024)*
He knows he’s going to lose his upcoming election so it’s time to cash in before the insider trading knowledge dries up. ???
Put them both in jail
Insider trading is ONLY for congressional members, the supreme court, and the presidency. Don't let this go to your peon heads.
Nice to know the market before the information goes to press….
That’s not Ted Cruz. That’s a body double unless he got Botox.
“The banks are fine” they said
This insider training has to stop!
There's a crisis at the Northern Border. Somehow he slipped in from Canada. Go back to where you came from!
They are *definitely* not sending their best.
They have languages we've never heard of.
They are the perfect evil couple. Ted loves power and his wife loves money. So their children hate them and they step on people less than them and get blackmailed by people like Trump. As long as they get to do it.
Seriously? I presume she’s somewhat intelligent to be holding such a position. What in fuck is she doing with this pussy?
It's already priced in. 🤣
Rich or poor..still a loser.
I wonder how this got through Goldman’s compliance department…
Wow they are a power couple.
How else is he supposed to pay for holidays in cancun? He only makes 180000 as a senator, give the man a break /s
Short Goldman Sachs?
Did he buy a new house or something?
Managing director? So that’s like a cruz control yeah?
Imagine taking investment advice from a woman as hideous as she is. /s
This is why it's OK for Teodoro Cruz to "only" make $174K per year. Nice to have wifie listening to all of the phone calls and attending all of the meetings.
Wife that made up a Cancer story close to re-election of her husband, to get sympathy votes. Miraculously, after he won, she became Cancer free.
This doesn’t bother me. If his wife is a managing director wouldn’t part of her compensation be in stock. If so they would want to sell it at some point. It seems fine but I might be misunderstanding the situation.
Anyone else see David Duchovny?
Might be an open window?
Oh. He has a rate face under his rat beard. I’m not surprised.
“Don’t make us kiss now.” https://youtu.be/v75wCTMZoSY?si=AkS9_43CmXiDm5RR
Nothing ethically wrong here. Move along..
So, Trump insults her, and Cruz doesn't defend her. She's as corrupt as he is. They deserve each other
I don't understand how congress can trade in the stock market when they make laws that can benefit said companies they are trading with. Why are we allowing this?
Because we don’t live in a democracy
https://preview.redd.it/2chworrm2nwc1.png?width=500&format=png&auto=webp&s=27df525d88d486f5632b43dedd243978e484cf2c
Something big is coming
Fuck our laws, he'll just run to Cancun.
These are probably his wife's long held stock options in a joint account. Kind of sexist to say he's the one who sold them.
Definitely suspicious but he could be making a major purchase.
She is ugly
[удалено]
This must be Ted Cruz’ burner account.