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underpants

(195,844 posts)
Sat Feb 21, 2026, 07:52 AM Saturday

Lutnick's sons (Cantor-Fitzgerald) hedged on *tariff refunds* buying right at 20-30 cents in the dollar

Trump Official’s Sons May Make Tons of Money After Supreme Court Ruling
https://www.newsweek.com/howard-lutnick-sons-may-make-money-supreme-court-ruling-tariffs-11558345

The "Tariff Refund" Bet
Beginning in mid-2025, Cantor Fitzgerald—led by Brandon (Chairman/CEO) and Kyle (Executive Vice Chairman)—offered a specialized "litigation finance" product to companies struggling with tariff costs.

The Arrangement: Cantor bought the rights to future government refunds from companies that paid the tariffs.

The Discount: The firm reportedly purchased these rights at a steep discount, often 20–30 cents on the dollar.

The Payoff: On February 20, 2026, the Supreme Court ruled 6-3 that the administration overstepped its authority in using emergency laws to levy universal tariffs.

Potential Returns: If the government issues full refunds, Cantor Fitzgerald could see returns of 3x to 5x their initial investment. Estimates suggest the total pool of refundable tariffs exceeds $175–$200 billion.
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Lutnick's sons (Cantor-Fitzgerald) hedged on *tariff refunds* buying right at 20-30 cents in the dollar (Original Post) underpants Saturday OP
Why they go to Epstein Island for Family Vacations. Kid Berwyn Saturday #1
Yeah he's the lowest of "life forms" underpants Saturday #2
The Lutnicks are greedy leeches and thieves. dalton99a Saturday #4
Kick dalton99a Saturday #3
Family of top Trump official stands to make fortune from tariff ruling: 'Pure criminality' LetMyPeopleVote Sunday #5

Kid Berwyn

(23,918 posts)
1. Why they go to Epstein Island for Family Vacations.
Sat Feb 21, 2026, 08:49 AM
Saturday

Best way to predict the future is to make it happen.

FTR: Lutnick senior even profited off 9-11, pocketing settlement money from a related lawsuit with American Airlines.

LetMyPeopleVote

(177,821 posts)
5. Family of top Trump official stands to make fortune from tariff ruling: 'Pure criminality'
Sun Feb 22, 2026, 06:43 PM
Sunday

The SCOTUS decision not too hard to predict. Legally, there was no basis for trump to declare these tariffs. Family members of the trump administration knew that trump's tariffs were illegal and bought up tariff refund claims. These family members will profit off their inside information as to the legality of the trump tariffs.

Firm of Trump official's family denies report it stands to make fortune from tariff ruling

Raw Story (@rawstory.com) 2026-02-20T23:20:08.951Z

https://www.rawstory.com/howard-lutnick-2675289149/

While President Donald Trump may very well be having his “worst day” in office after the Supreme Court ruled against his tariff policy on Friday, the family of one top Trump official stands to profit handsomely from the court’s decision — a potential payout that ignited a wave of outrage from critics, according to a report.

That top Trump official is Commerce Secretary Howard Lutnick, who for 30 years led the financial services firm Cantor Fitzgerald as its CEO, handing off control of the firm to his sons after joining the Trump administration last year. Lutnick has championed Trump’s tariffs in public, but behind the scenes, his family-run firm has bet millions of dollars against them, Wired reported.

Cantor denied involvement in the government's tariffs. “As stated previously, Cantor can confirm that it is not in the business of positioning any risk, taking views, or facilitating trades in litigation claims involving the legality of US tariffs," a spokesperson said.

But, according to documents obtained by Wired, Cantor Fitzgerald had purchased the rights to tariff refunds from affected companies, paying 20% to 30% of what companies had paid out in tariffs. In effect, the firm now led by Lutnick’s sons wagered that Trump’s tariffs would be struck down in court, and now stands to reap returns of roughly three to five times its initial investments.

“If you're keeping track, this is the 53rd scheme by a Trump official to profit from government policy or stealing from the American tax payer,” wrote journalist Adam Cochran in a social media post on X Friday.

“For every $100 invested, Lutnick's sons just made 3-5x,” wrote another, Kevin Paffrath, a real-estate broker and political commentator, to his nearly 400,000 followers on X. “Welcome to Crony Corrupt America.”
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