Nancy Pelosi's husband has plowed up to
$1 million into bullish bets on Tesla stock
Business Insider,
by
Theron Mohamed
Original Article
Posted By: Harlowe,
1/27/2021 12:22:07 AM
House Speaker Nancy Pelosi's husband has placed up to $1 million worth of bullish bets on Tesla stock, the politician revealed in a financial disclosure form last week.(Snip)The call options give him the right to buy 2,500 Tesla shares at $500 each at any point before they expire in March 2022.(Snip)The purchases are legal but have raised eyebrows. Nancy Pelosi now has a financial interest in Tesla's success, even as she's poised to play a key role in passing green initiatives that stand to help the automaker.
Reply 1 - Posted by:
Harlowe 1/27/2021 12:23:22 AM (No. 675660)
FTA: The veteran politician's spouse also spent up to $500,000 for 100 call options on Apple stock with a strike price of $100 and an expiration date of January 21, 2022. He plowed as much as $1 million into 100 call options on Disney stock with a strike price of $100 and an expiration date of March 18, 2022.
Finally, Pelosi's husband paid between $500,000 and $1 million for 20,000 shares in AllianceBernstein. There's a total of $1.75 million to $3.5 million in security purchases attributed to Paul on the disclosure form.
Pelosi has represented California in the House of Representatives since 1987, and as speaker she's second in the line of succession for the presidency, after the vice president. She was the highest-ranking female elected official in US history until Vice President Kamala Harris was inaugurated on Wednesday.
7 people like this.
Reply 2 - Posted by:
Venturer 1/27/2021 12:34:07 AM (No. 675662)
This is nothing new for Nancy, How does anyone think these politicians get so rich.?
30 people like this.
Reply 3 - Posted by:
Penney 1/27/2021 12:38:48 AM (No. 675664)
She has been in Congress MUCH too long! No wonder she & her hubby are so rich. This calls for an investigation into her finances since she entered office. Then there's Biden's questionable income, and on & on..... The swamp is not known for its ethics.
27 people like this.
Reply 4 - Posted by:
Rumblehog 1/27/2021 1:11:39 AM (No. 675671)
Of course Benedict Biden today signed an Executive Order mandating that ALL Federal vehicles be Electric. Hmmm... who could that benefit???
30 people like this.
Reply 5 - Posted by:
JL80863 1/27/2021 1:11:58 AM (No. 675672)
They aren't going to buy their way out of Hell.
32 people like this.
Reply 6 - Posted by:
mizzmac 1/27/2021 5:44:14 AM (No. 675758)
These people disgust me.
19 people like this.
Reply 7 - Posted by:
worried 1/27/2021 5:51:45 AM (No. 675763)
Just as a side note, Martha Stewart went to jail for doing what Pelosi's familiar did; insider trading!
27 people like this.
Reply 8 - Posted by:
planetgeo 1/27/2021 6:44:37 AM (No. 675791)
How do you think virtually ALL politicians become millionaires before they leave office? And it's not just insider trading, it's often insider manipulation of the entire market. Namely, creating laws and policies that create winning and losing products and entire industries. Solar is a great example. And now it's going to be electric vehicles...by edict!
There should be gallows built along the National Mall to deal with all the elected thieves who are not only enriching themselves but also destroying the lives and livelihoods of millions of people.
18 people like this.
Reply 9 - Posted by:
Goose 1/27/2021 6:49:16 AM (No. 675799)
Just a coincidence that Biden is going to but a gazillion Tesla to make the federal vehicle fleet green.
10 people like this.
Reply 10 - Posted by:
Gruntmedic 1/27/2021 6:49:57 AM (No. 675801)
Does Nancy know something we don't?
A little inside trading going on?
16 people like this.
Reply 11 - Posted by:
Red Jeep 1/27/2021 8:15:28 AM (No. 675879)
So how many coal mines will they need to power all these e'ectric powered government vehicles?
Will Air Force One and the Presidential limousine be run by electricity in the future?
When will all military vehicles run on electricity? How many coal mines would that take?
11 people like this.
Reply 12 - Posted by:
nhveritas 1/27/2021 8:30:43 AM (No. 675898)
This is what all swamp creatures do. They are allowed to profit from what be insider trading for anyone outside of their club, Hence they are all wealthy yet many have never held a real job.
11 people like this.
Reply 13 - Posted by:
h24015 1/27/2021 8:44:56 AM (No. 675918)
The media thought this was a huge problem (and it as this should be) when Richard Burr from NC sold stocks immediately after attending a virus meeting in March 2020.
7 people like this.
Reply 14 - Posted by:
F15 Gork 1/27/2021 8:47:56 AM (No. 675924)
They tried electric cars a hundred years ago. People didn’t buy them then and they won’t buy them now...they aren’t practical at this point and probably never will be.
10 people like this.
Reply 15 - Posted by:
Zigrid 1/27/2021 9:29:55 AM (No. 675983)
No wonder the swamp hated President Trump... he didn't need their money and he was independently wealthy that HE had made on his own...the picture becomes clearer every day...and BTW... where's nervous nancy's health records?... she's third in line so let's have a news conference where her has to disclose her health issues...check her eyes... they scream of uppers...and while we're at it... let's see the list of meds biden is on...
13 people like this.
Reply 16 - Posted by:
Strike3 1/27/2021 9:44:05 AM (No. 676008)
In order for the rich biatches to make money on Tesla stock, we must buy a Tesla. I would rather be seen in a Prius. Tell me she hasn't been feeding him insider information for all of their miserable lives.
4 people like this.
How many had "insider" advance knowledge of Biden's executive order yesterday requiring the Federal Government to purchase electric vehicles? How many traded on that knowledge?
4 people like this.
Reply 18 - Posted by:
starboard 1/27/2021 11:02:40 AM (No. 676133)
I wonder how much good she has ever done for another person without it being a political benefit for her or her family.
4 people like this.
Reply 19 - Posted by:
GoodDeal 1/27/2021 11:48:52 AM (No. 676193)
Nancy knew Ole Joe was going to sign an XO to make all government vehicles electric.
7 people like this.
Reply 20 - Posted by:
DCGIRL 1/27/2021 6:25:24 PM (No. 676544)
Insider trading.
1 person likes this.
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Nancy Pelosi's husband plows $! million into Tesla and Joe Biden announces the federal government will switch its entire fleet to electric vehicles. You see now how billionaires ger made? They are a product of big government and as the interests of corporate behemoths and of government converge the interests of the citizens get ignored. This is the new fascism, the new corporate state. The interests of big business and government become virtually identical and it is hard to even determine who the senior partner is in the arrangement. The only thing crystal clear is that we the people do not have a seat at the table or any say in how we will be governed.
January 6 was a protest not an insurrection but there is nothing unamerican about insurrections. We were as a nation born in one. The interests of the people supersede laws and even constitutions. Those things exist to protect our rights not to limit them and when the begin to fail it is our right to alter or abolish them. That is the bedrock principle on which this nation was founded and spelled out clearly in the Declaration of Independence. So the next time one of your liberal friends tells you Jan 6 was an insurrection tell them no it was not but maybe it should have been. Stealing an election is the thing that is unAmerican.
2 people like this.
How about Mad Max ? Her family get in on the deal ?
0 people like this.
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