@unusualwhales

BREAKING: Cantor Fitzgerald, now run by Howard Lutnick’s sons, has been buying the rights to potential tariff refunds at roughly 20–30% of the refund value. For example, a company that paid $10 million in tariffs might sell refund rights for $2–$3 million. Supreme Court subsequently struck down the tariffs, entitling holders of refund claims to full government refunds, potentially yielding billions for Lutnick's bank.

69 replies

2 recasts

280 reactions