Episode 276 • • 1:05:24 - 1:09:24
276: Cleopatra Returns
Glencore IPO, Insider Trading and Financial Collars
The upcoming Glencore IPO is identified as a massive wealth-generation event for insiders, potentially worth $60 billion. John C. Dvorak shares a personal anecdote about selling "collars" on his Ask Jeeves stock to bypass lockup periods. The hosts express concern that rising energy costs and potential rolling blackouts are part of a broader scam to squeeze the public.