“Two years later, he sold 87% of his stock for a $242 million profit—and then publicly declared the vaccine didn’t work. This is what you call a pump-and-dump scheme.”
Insights for Navigating an Uncertain World
“Two years later, he sold 87% of his stock for a $242 million profit—and then publicly declared the vaccine didn’t work. This is what you call a pump-and-dump scheme.”
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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