Former photography pioneer Kodak received a huge infusion of cash from President Donald Trump this week.

But it is what happened one day before that is raising eyebrows.

“At the beginning of this week, the Eastman Kodak Company handed its chief executive 1.75 million stock options,” The New York Times reported Friday.

“It was the type of compensation decision that generally wouldn’t attract much notice, except for one thing: The day after the stock options were granted, the White House announced that the company would receive a $765 million federal loan to produce ingredients to make pharmaceuticals in the United States,” the newspaper reported. “The news of the deal caused Kodak’s shares to soar more than 1,000 percent. Within 48 hours of the options grants, their value had ballooned, at least on paper, to about $50 million.”

This is not the first time something like this has happened during the Trump administration.Defend democracy. Click to invest in courageous […]