Business Insider -
20 Jun 2018 16:51

Spencer Platt/Getty Images Commerce Secretary Wilbur Ross shorted shares of Navigator Holdings, a firm with ties to the Kremlin, days after being contacted for comment on 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 company. Commerce Secretary Wilbur Ross bet against the stock of a shipping firm ju...
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