Lutnick is a TRAITOR, he manipulated the system to benefit his company, at the expense of the National Security of the US, by investing in this Malaysian data center which in effect, allowed the Chinese military a source to run their code on Blackwells, and if he's not arrested for treason and a stop put to it, all the next generations of advanced Nvidia GPUs.
Correct me if I’m wrong, but other than the shady real estate deal he barely knew Epstein. They were, coincidentally neighbors, but Lutnick wasn’t a frequent flyer like Gates or Clinton.
Lutnick most certainly wasn't acting alone. The truth of the matter is that The neo-liberal project that hollowed out American business/manufacturing, the supported ruinous offshoring is composed of traitors to the American people on both sides of the aisle. They should all be prosecuted as such.
> The neo-liberal project that hollowed out American business/manufacturing, the supported ruinous offshoring is composed of traitors to the American people on both sides of the aisle. They should all be prosecuted as such.
Remember it was the American people that have been choosing the (cheaper) offshore manufactured products over the American made ones for decades. There are many products still made in America but in general people buy the cheaper ones made from abroad. And they buy more products - TVs, clothes, Barbie dolls because of it.
He also replaced Cantor & Fitzgerald human bond trading with his electronic trading company company eSpeed. Cantor & Fitzgerald was wiped out on 9/11 while he was fortunate enough to "bring his son to the daycare after an argument with his wife":
Hardly a surprise - the trump administration corruption is well documented. This period is a black eye on every American, and is the opposite of laissez-faire capitalism. Instead of the best succeeding, those who can pander and make connections win (or in this case, be literally family members with a powerful person).
I hope we can move past this with the next admin, and continue to give the upper hand to businesses that want to succeed fairly in the USA.
> Lutnick Pushed to Weaken Chip Rules That Overlap With His Family Business
Buried well below the fold and below two ads, 20pt, 400 weight:
> These dealings are just a tiny portion of Cantor’s business, which stretches from investment banking and trading to real estate. Other investment banks have similar partnerships, and there is no evidence that Cantor’s investments influenced Mr. Lutnick’s deliberations.
Overlap? These interests are barely even tangent. The Commerce Secretary has a background and experience in financial services; that sounds like a good thing compared to some of the other current adminstration qualifications.
I'm sure if you dig just a little, you'll find he's taken positions that benefit the clients of Piper Sandler, Stifel, and Jefferies as well. Because, despite those firms being competitors of Cantor, the Commerce Secretary will often take positions that benefit US commerce. And all of those firms who benefit and a larger than a lemonade stand will be clients of some financial services company/ies.
I feel like NYT's standards used to be higher than that...
Corruption is corruption. The fact that he was “only” setting policy to benefit a small portion of his portfolio is not a mitigating factor.
Remember when politicians used to put assets in blind trusts and divest investments that could create even the perception of conflicts of interest?
It’s not the NYT’s standards that have fallen, it’s the American populace’s. “The oligarch billionaire probably only benefitted to the tune of tens of millions” is damning.
I think the argument would be that you don't "wait around" so long to get to the point. Oftentimes a news story can be written with the main point in the headline, summarized in the first paragraph and then really explained using the rest of the article.
It's fair in my mind to complain that you have to read a bunch of fluff (arguably to drive ad impressions) to find the actual news part. I expect that from HuffPo for sure, less so from NYT.
The inverted pyramid is a well documented technique for getting to the point quickly, and if you search it you'll find tons of articles by big name schools and institutions explaining it. Here's one.
https://owl.purdue.edu/owl/subject_specific_writing/journali...
Which would be a reasonable argument but it's not the one that sokoloff made. They clearly have issues with the accusation that Lutnick is corrupt.
> Overlap? These interests are barely even tangent.
> I feel like NYT's standards used to be higher than that...
You can see there's nothing in their comment that highlights frustration with an ability (or lack of) to find the information they clicked to read about.
Exactly. They will do this over and over again like it's their job and it adds up. Nevermind the fact that this small "tens of millions" deal is more than the vast majority will earn in a lifetime. Who in their right mind is dismissing this as something small and meaningless? This guy is screwing everyone over to enrich himself. We need to raise our standards.
Now we have a President making billions while in office and others in his administration like Lutnick here making bank too.
I wonder how long until this post gets flagged off of HN since the usual lackeys will rage flag this and we have no way to vouch for it back like we do with comments
I’m not sure why you felt it was germane to highlight the font size difference between the headline and body of the article. It is following their usual formatting style. You also chose to cherry-pick a tiny section. Here’s the next paragraph:
> But the overlapping relationships are the latest indication of the potential conflicts that exist given Mr. Lutnick’s role in shaping rules around U.S. technology exports. And they demonstrate how the U.S. ban on selling chips directly to China has led to an explosion of data centers in Southeast Asia aimed at Chinese customers. It is now up to Mr. Lutnick to decide whether to tighten the rules in ways that would cut off this avenue.
The article concludes with:
> Still, Cantor Fitzgerald continued to help arrange billions of dollars of financing for industries ranging from data centers to cryptocurrency that depend on a steady supply of computing from Nvidia.
> That includes Bitdeer, which is building out the Malaysian data center it expects to generate $1.7 billion in revenue over five years, according to a company statement.
> That data center will likely serve Tencent, a Chinese internet giant that would be able to gain access to Nvidia’s most advanced A.I. servers, according to a person with knowledge of the arrangement. Bitdeer is part of Nvidia’s partner network, a program for companies that work closely with the chipmaker.
> Bitdeer hosts a Chinese language website that lets customers rent A.I. chips and gain access to Chinese open source A.I. models through data centers in Malaysia, Canada and elsewhere. The Johor facility is one of five data centers the company plans to open in Malaysia in the coming years, according to filings with the Securities and Exchange Commission.
> Cantor holds a stake in Bitdeer through its investment in Tether, the crypto company. It is far from the only American financial heavyweight investing in overseas data centers. Bain Capital, Citadel and Blackstone have all poured money into A.I. computing clusters across the region.
> Cantor also previously provided financial services to Gorilla Technology, which is building data centers in Thailand and Indonesia, and has a contract to provide A.I. computing to Freyr AI, a Singaporean data center firm that corporate filings and job ads indicate has ties to China.
> Cantor has worked with other Nvidia partners globally, including IREN, an Australian cloud computing company, and Lancium, a Texas data center developer.
> A Commerce Department spokeswoman said that Mr. Lutnick makes policy decisions based on the best interests of the United States. He does not discuss department matters with his sons, nor do they discuss Cantor Fitzgerald business with him, she added.
> Cantor Fitzgerald declined to comment. Bitdeer did not reply to a request for comment.
> Mr. Lutnick, as of October 2025, transferred his remaining ownership stake in Cantor to his family. Before that, he had been given what the White House had called a “limited waiver” that allowed him to participate in certain decisions that could have “a direct and predictable effect on Cantor Fitzgerald,” exempting him from a federal criminal law that would otherwise have required him to entirely recuse himself from these discussions.
> Even after Mr. Lutnick finished transferring his ownership stake to his sons late last year, he still had to abide by an ethics rule prohibiting federal employees from using their public office for their private gain or the gain of friends and relatives.
> The Times reported last year that Mr. Lutnick was promoting data center projects that worked with his family firms. Senator Elizabeth Warren, Democrat of Massachusetts, and two dozen other Democratic lawmakers called for an investigation.
It is apparent there is a conflict of interest but the NYT was unable to find an explicit causal connection. The headline is objectively correct and in most administrations of the past, overlapping interests like this would constitute a scandal and would call for further investigation.
https://wallhop.io/https://www.nytimes.com/2026/11/15/us/pol...
Lutnick is a TRAITOR, he manipulated the system to benefit his company, at the expense of the National Security of the US, by investing in this Malaysian data center which in effect, allowed the Chinese military a source to run their code on Blackwells, and if he's not arrested for treason and a stop put to it, all the next generations of advanced Nvidia GPUs.
Don't forget he's also a pedophile
Correct me if I’m wrong, but other than the shady real estate deal he barely knew Epstein. They were, coincidentally neighbors, but Lutnick wasn’t a frequent flyer like Gates or Clinton.
Lutnick most certainly wasn't acting alone. The truth of the matter is that The neo-liberal project that hollowed out American business/manufacturing, the supported ruinous offshoring is composed of traitors to the American people on both sides of the aisle. They should all be prosecuted as such.
> The neo-liberal project that hollowed out American business/manufacturing, the supported ruinous offshoring is composed of traitors to the American people on both sides of the aisle. They should all be prosecuted as such.
Remember it was the American people that have been choosing the (cheaper) offshore manufactured products over the American made ones for decades. There are many products still made in America but in general people buy the cheaper ones made from abroad. And they buy more products - TVs, clothes, Barbie dolls because of it.
Who exactly should be prosecuted?
One at a time. Or one infractional group at a time at least. Otherwise you have to many rabbits and catch none.
You know he won't be arrested right?
He also replaced Cantor & Fitzgerald human bond trading with his electronic trading company company eSpeed. Cantor & Fitzgerald was wiped out on 9/11 while he was fortunate enough to "bring his son to the daycare after an argument with his wife":
https://unlimitedhangout.com/creative-destruction-9-11-enron...
(Use an LLM to extract and fact check the text that contains too many details.)
Hardly a surprise - the trump administration corruption is well documented. This period is a black eye on every American, and is the opposite of laissez-faire capitalism. Instead of the best succeeding, those who can pander and make connections win (or in this case, be literally family members with a powerful person).
I hope we can move past this with the next admin, and continue to give the upper hand to businesses that want to succeed fairly in the USA.
Right, because late stage capitalism was working so flawlessly prior to Trump.
https://archive.is/wSmtd
Huang, and all of his treacherous cronies, should spend the rest of their lives in a Supermax.
Do people still not see through his appointment? it's crystal clear to me
at a point in time - I thought us africans were corrupt - till the trump crime family came along.
every appointment is doing some sort of grift
It's corruption, crime and grift at every opportunity down to every social media post.
How much market manipulation in every tweet threatening to double or delay tarrifs, launch or delay attacks on Iran?
Does MAGA want to somehow forget this term started with a multibillion dollar Trump shitcoin rugpull?
It's fucking disgusting how naked the corruption has been from the criminal Trump family and admin.
NYT Headline, 40pt, 700 weight:
> Lutnick Pushed to Weaken Chip Rules That Overlap With His Family Business
Buried well below the fold and below two ads, 20pt, 400 weight:
> These dealings are just a tiny portion of Cantor’s business, which stretches from investment banking and trading to real estate. Other investment banks have similar partnerships, and there is no evidence that Cantor’s investments influenced Mr. Lutnick’s deliberations.
Overlap? These interests are barely even tangent. The Commerce Secretary has a background and experience in financial services; that sounds like a good thing compared to some of the other current adminstration qualifications.
I'm sure if you dig just a little, you'll find he's taken positions that benefit the clients of Piper Sandler, Stifel, and Jefferies as well. Because, despite those firms being competitors of Cantor, the Commerce Secretary will often take positions that benefit US commerce. And all of those firms who benefit and a larger than a lemonade stand will be clients of some financial services company/ies.
I feel like NYT's standards used to be higher than that...
Corruption is corruption. The fact that he was “only” setting policy to benefit a small portion of his portfolio is not a mitigating factor.
Remember when politicians used to put assets in blind trusts and divest investments that could create even the perception of conflicts of interest?
It’s not the NYT’s standards that have fallen, it’s the American populace’s. “The oligarch billionaire probably only benefitted to the tune of tens of millions” is damning.
Cantor openly advertises its connection to the administration: https://www.cantor.com/howard-lutnicks-sons-score-record-yea...
That is literally from Cantor’s website.
I think the argument would be that you don't "wait around" so long to get to the point. Oftentimes a news story can be written with the main point in the headline, summarized in the first paragraph and then really explained using the rest of the article.
It's fair in my mind to complain that you have to read a bunch of fluff (arguably to drive ad impressions) to find the actual news part. I expect that from HuffPo for sure, less so from NYT.
The inverted pyramid is a well documented technique for getting to the point quickly, and if you search it you'll find tons of articles by big name schools and institutions explaining it. Here's one. https://owl.purdue.edu/owl/subject_specific_writing/journali...
Which would be a reasonable argument but it's not the one that sokoloff made. They clearly have issues with the accusation that Lutnick is corrupt.
> Overlap? These interests are barely even tangent.
> I feel like NYT's standards used to be higher than that...
You can see there's nothing in their comment that highlights frustration with an ability (or lack of) to find the information they clicked to read about.
Exactly. They will do this over and over again like it's their job and it adds up. Nevermind the fact that this small "tens of millions" deal is more than the vast majority will earn in a lifetime. Who in their right mind is dismissing this as something small and meaningless? This guy is screwing everyone over to enrich himself. We need to raise our standards.
They made Carter sell his family peanut farm.
Now we have a President making billions while in office and others in his administration like Lutnick here making bank too.
I wonder how long until this post gets flagged off of HN since the usual lackeys will rage flag this and we have no way to vouch for it back like we do with comments
I’m not sure why you felt it was germane to highlight the font size difference between the headline and body of the article. It is following their usual formatting style. You also chose to cherry-pick a tiny section. Here’s the next paragraph:
> But the overlapping relationships are the latest indication of the potential conflicts that exist given Mr. Lutnick’s role in shaping rules around U.S. technology exports. And they demonstrate how the U.S. ban on selling chips directly to China has led to an explosion of data centers in Southeast Asia aimed at Chinese customers. It is now up to Mr. Lutnick to decide whether to tighten the rules in ways that would cut off this avenue.
The article concludes with:
> Still, Cantor Fitzgerald continued to help arrange billions of dollars of financing for industries ranging from data centers to cryptocurrency that depend on a steady supply of computing from Nvidia.
> That includes Bitdeer, which is building out the Malaysian data center it expects to generate $1.7 billion in revenue over five years, according to a company statement.
> That data center will likely serve Tencent, a Chinese internet giant that would be able to gain access to Nvidia’s most advanced A.I. servers, according to a person with knowledge of the arrangement. Bitdeer is part of Nvidia’s partner network, a program for companies that work closely with the chipmaker.
> Bitdeer hosts a Chinese language website that lets customers rent A.I. chips and gain access to Chinese open source A.I. models through data centers in Malaysia, Canada and elsewhere. The Johor facility is one of five data centers the company plans to open in Malaysia in the coming years, according to filings with the Securities and Exchange Commission.
> Cantor holds a stake in Bitdeer through its investment in Tether, the crypto company. It is far from the only American financial heavyweight investing in overseas data centers. Bain Capital, Citadel and Blackstone have all poured money into A.I. computing clusters across the region.
> Cantor also previously provided financial services to Gorilla Technology, which is building data centers in Thailand and Indonesia, and has a contract to provide A.I. computing to Freyr AI, a Singaporean data center firm that corporate filings and job ads indicate has ties to China.
> Cantor has worked with other Nvidia partners globally, including IREN, an Australian cloud computing company, and Lancium, a Texas data center developer.
> A Commerce Department spokeswoman said that Mr. Lutnick makes policy decisions based on the best interests of the United States. He does not discuss department matters with his sons, nor do they discuss Cantor Fitzgerald business with him, she added.
> Cantor Fitzgerald declined to comment. Bitdeer did not reply to a request for comment.
> Mr. Lutnick, as of October 2025, transferred his remaining ownership stake in Cantor to his family. Before that, he had been given what the White House had called a “limited waiver” that allowed him to participate in certain decisions that could have “a direct and predictable effect on Cantor Fitzgerald,” exempting him from a federal criminal law that would otherwise have required him to entirely recuse himself from these discussions.
> Even after Mr. Lutnick finished transferring his ownership stake to his sons late last year, he still had to abide by an ethics rule prohibiting federal employees from using their public office for their private gain or the gain of friends and relatives.
> The Times reported last year that Mr. Lutnick was promoting data center projects that worked with his family firms. Senator Elizabeth Warren, Democrat of Massachusetts, and two dozen other Democratic lawmakers called for an investigation.
It is apparent there is a conflict of interest but the NYT was unable to find an explicit causal connection. The headline is objectively correct and in most administrations of the past, overlapping interests like this would constitute a scandal and would call for further investigation.
I bet if you examine those other businesses, they too would "overlap" with his positions.
But you know, cherry pick what you dont want to hear.
I'm shocked to hear that NYT is using a larger font size for the headline than the rest of the article.