Commerce Secretary Wilbur L. Ross Jr. shorted stock in a shipping firm — an investment tactic for profiting if share prices fall — days after learning that reporters were preparing a potentially negative story about his dealings with the Kremlin-linked company.
Mr. Cohen did not land a hoped-for job in President Trump’s administration — he imagined himself as chief of staff — and in January last year he left the Trump Organization, where he had long served as the in-house fixer without a clear portfolio. But he managed to turn what looked like an exile into a lucrative opportunity.
The Russian authorities recently made sure that another piece of valuable property — the intellectual kind — bearing the same name remained safely in Mr. Trump’s portfolio. Under normal circumstances, renewing trademarks in Russia is generally a routine matter, and there is nothing to suggest from the few public records available that Mr. Trump was shown favoritism. Still, extensions are not guaranteed and can be subject to challenge — particularly if, as in this case, the trademarks went unused for years, according to interviews with a half-dozen lawyers specializing in intellectual property law.
A shell company created by Paul Manafort the same day he left the presidential campaign quickly received $13 million in loans from the businesses with ties to Mr. Trump, including one that partners with a Ukrainian-born billionaire and another led by a Trump economic adviser. They were among $20 million in loans secured by properties belonging to Mr. Manafort and his wife.