Some investors are not happy that Intel agreed to sell the US a 10 percent stake in the company after Donald Trump attacked Intel CEO Lip Bu Tan with a demand to resign. After Intel accepted the deal at a meeting with the president, it alarmed some investors when Trump boasted that his pressure campaign worked, claiming Tan walked in wanting to keep his job, and he ended up giving us $10 billion for the United States. It sets a bad precedent if the president can just take 10 percent of a...
