Rahm Emanuel’s Suspiciously Timed Stock Trades

Rahm Emanuel may be better served by returning to his roots on Wall Street, says Julian Zelizer .

Zelizer: Emanuel bought $ 250,000 worth of stocks in CoreWeave , a leading AI cloud computing service.

He also purchased $50,000 to $100,000 in stock in Monroe Capital , a Chicago -based middle-market lender that specializes in collateralized debt obligations, the Frankenstein financial product that crashed global markets in 2008 .

Emanuel sending a fish, Godfather-style, to a political rival is a window into his view of zero -sum politics.

Emanuel stands accused of covering up corruption during his time as mayor, dozens of illegal lobbying violations, and the full weight of Obama ’s failures to build the party (the entire role of the DNC chair) The odds do not seem stacked in his favor.

Emanuel did not immediately respond to the Prospect 's request for comment.