Trump administration sets meetings with oil companies over Venezuela, source says

[ChicagoTeamster]

6. Paul Singer bought CITGO. He's a Trump megadonor. CITGO is the US arm of Venezuela's PDVSA oil company.

This is a guy who buys distressed businesses and debt. Through his firm Elliott Management, Singer infamously engages in buying distressed sovereign debt, including from African nations like the Republic of Congo (Congo-Brazzaville), purchasing debt at deep discounts and then aggressively pursuing full repayment through litigation, a strategy known as "vulture fund" investing that brought him significant profits from countries like Peru, Congo, and Argentina.

He's heavily invested in Trump. Just like Musk (financed by Peter Thiel) picked Trump's VP Vance and donated hundreds of millions to Trump's campaign and in return got to run DOGE and get contracts for Starlink, and SpaceX, and almost sold Cybertrucks to the US government, Singer is getting a return on his investment.

Maybe CITGO should get the Tesla treatment. And so should everything else he owns.