It’s not that surprising. The entire tariff saga was one trading opportunity after another for insiders who knew which announcements were going to come out.
Lutnick is a particularly corrupt individual though. He’s in the Epstein files like Trump and Musk and Thiel. But he also took over Cantor by suing the widow of Cantor after his death. And now he hands the company to children and has no shame about openly nepotistical decisions like this.