https://www.newsweek.com/how-nancy-pelosi-net-worth-vastly-increased-while-house-speaker-1762361
https://nypost.com/2022/07/23/nancy-and-paul-pelosi-are-trading-large-with-a-wealth-of-hypocrisy/
Insider trading — or trading stocks on material, non-public information — is a crime, of course. Recent legislation puts people who use information they learned based on their position in Congress (or their spouse’s) in the same slimy bucket.
Paul Pelosi has been killing it in the stock market in recent years, according to disclosure forms, for reasons that could well go beyond some innate ability to sense swings in the markets. His latest home run: Snapping up between $1 million and $5 million in shares of computer chip darling Nvidia (via exercising call options) on June 17, according to disclosure documents.
His timing, once again, was impeccable: He executed the trades as Congress moves closer to passing tens of billions of dollars in corporate-welfare subsidies for US semiconductor production. That’s good news for Nvidia and shareholders like Paul Pelosi. Since his bet, shares have risen nearly 10%. By my math, he could have pocketed a quick $500,000.
Maybe Paul Pelosi knows a thing or two about stock trading. Or maybe he’s just a savant, like Hillary Clinton, who years ago credited her reading of The Wall Street Journal with being able to make big bucks trading esoteric cattle futures.
One problem with giving Paul Pelosi the benefit of the doubt is that enough of his winners involve companies that appear to have been benefiting from legislation that his wife, as the powerful lefty house speaker, has a hand in.
Ummm . . .
Paul and Nancy have been married for going on 59 years. He’s been at Nancy’s side during her rise to the pinnacle of Democratic Party leadership. She has certainly benefited from his career as a successful Silicon Valley investor.
Speaking of Hillary and cattle futures as the last article did.
One of my favorites!!
https://en.wikipedia.org/wiki/Hillary_Clinton_cattle_futures_controversy
Likelihood of results
"One analysis performed by Auburn University and published in the Journal of Economics and Finance claimed to find that the odds of a return as large as Clinton obtained during the period in question were about one in 31 trillion.[16][17][18]"
Here's the actual story behind that corrupt incident that I never get tired of retelling:
more anomalies explained
6 responses |
Started by mcfarm - Dec. 6, 2020, 5:18 p.m.
This guy really nails the relevant points in a unique powerful way but his flambouyt delivery and entertainment while doing it is off the charts.
#pelosi #profits #insidertrading
6.05M subscribers
I cannot imagine Nancy or Paul ever cheating......what a laugh. If there is anyone other than AOC naïve enough to believe 1 word out of those hypocrites mouths I would be shocked.
EXACTLY WHY SHE STAYS.
AS I SAID LAST WEEK: THAT INSIDER TRADING HAS GOT TO CEASE!
Until these people are actually prosecuted and imprisoned like you or I would be, it won't change.
Both sides are doing it!
MM The rules apply to both sides. It's not about the division of political party. It's about the division between the elected elites and the peons. Prosecute and imprison (in REAL prisons) the one's who are violating the laws that they imposed on the rest of us.
there has been an erosion of the rule of law for years. Really accelerated during the Obama administration. A along with that came the acceleration of our new 2 tier justice system which we really should be quite proud of.