Pelosi's husband bought up to $11 million
of Big Tech stocks as House moved on
reform legislation
Washington Examiner,
by
Nihil Krishan
Original Article
Posted By: Imright,
7/8/2021 10:57:58 PM
House Speaker Nancy Pelosi's husband, Paul Pelosi, bought up to $11 million worth of Big Tech stocks in the last two months as an anti-tech package of bills makes its way through the House at the same time.In May and June, Pelosi purchased $4.8 million worth of Google shares, up to $1 million worth of Amazon call options, up to $250,000 of Apple call options, and up to $5 million of call options for Nvidia, the large semiconductor, graphics, and electronics company, according to a financial disclosure form filed last week. A call option is a financial contract that allows a buyer the right to purchase a stock or
Reply 1 - Posted by:
Annie Xango 7/8/2021 11:00:37 PM (No. 839869)
check out their tuna operations in American Samoa...
29 people like this.
This is one of the principal ways that Congresscritters get rich - insider information and stock manipulation.
85 people like this.
Reply 3 - Posted by:
pilot222 7/8/2021 11:09:11 PM (No. 839882)
The worst part is they don’t care if you know. Shut up you loser taxpayer, we are Congress people, perfect and we will do what we want. Screw you.
83 people like this.
Reply 4 - Posted by:
Ribicon 7/8/2021 11:09:12 PM (No. 839883)
This has been going on forever. Ordinary slobs roll the dice while connected insiders play a rigged game where they know the results ahead of time. Americans are OK with this; after all, they're making money, and money is good. FTA: "Nancy Pelosi said she was not aware of her husband's stock purchases. 'The speaker has no involvement or prior knowledge of these transactions,' Pelosi spokesman Drew Hammill said in an emailed statement to Bloomberg on Wednesday, adding that she doesn’t own any stocks."
33 people like this.
Reply 5 - Posted by:
stablemoney 7/8/2021 11:17:36 PM (No. 839889)
The Pelosi's and the Obama's never seem to have enough. You aren't taking anything with you, and we are going to bury you in a wooden coffin in the dirt.
44 people like this.
Reply 6 - Posted by:
itsonlyme 7/8/2021 11:18:59 PM (No. 839891)
Time to buy ANOTHER $24K refrigerator filled with $12/pint ice cream?
And the electorate sheep nod with approval while watching re-runs of Wheel Of Fortune.
30 people like this.
Reply 7 - Posted by:
jalo1951 7/8/2021 11:21:44 PM (No. 839894)
#5 But only after running a wooden stake through their heart. Don't want any chance of them coming back.
29 people like this.
Reply 8 - Posted by:
Newtsche 7/8/2021 11:27:40 PM (No. 839897)
The appearance of impropriety is a badge when you're one of our betters.
On top of a lovely windfall, they also get a good laugh at our expense.
26 people like this.
Reply 9 - Posted by:
JL80863 7/9/2021 1:45:11 AM (No. 839931)
Special rules for Dole Pineapple too, #1.
17 people like this.
Reply 10 - Posted by:
web 7/9/2021 2:16:10 AM (No. 839941)
Nancy's husband seems to be a fortune teller, as he keeps on making great stock deals weeks before the tech companies he invests in get or lose huge government contracts. Almost as good a stock trader as Hillary Clinton.
42 people like this.
This ain't Nancy's first rodeo. BTW How much did Mad Max's family 'earn' this time ?
18 people like this.
Reply 12 - Posted by:
judy 7/9/2021 4:29:12 AM (No. 839968)
Wouldn’t you love to see the stats of the members of congress before they were elected to congress and now? Before and after stats would be very interesting....
20 people like this.
Reply 13 - Posted by:
DCGIRL 7/9/2021 5:47:38 AM (No. 839992)
This is called insiders trading. Throw her a$$ in jail.
31 people like this.
Reply 14 - Posted by:
privateer 7/9/2021 6:33:16 AM (No. 840001)
no knowledge of husband's business dealings. Sounds a lot like joe's 'no knowledge' of humper's dealings. And, FTA:“ ...adding that she doesn’t own any stocks." Simple question: if he dies, will she then inherit alleged fruits of insider trading? Isn't that one step away from 'owning' them?
19 people like this.
Reply 15 - Posted by:
Krause 7/9/2021 7:01:08 AM (No. 840014)
I keep trying not to imagine pillow talk between those two extremely dishonest people.
12 people like this.
Reply 16 - Posted by:
Rinktum 7/9/2021 7:01:58 AM (No. 840015)
This criminal behavior is truly disgusting. Congress has changed the rules so this kind of thing is not illegal. Any one else who tries it, gets crushed. Remember Martha Stewart? I believe most of our public servants should be arrested for the things they have done in their political careers, where else but Washington DC can you go there and be of modest means and come out richer than Croesus? This is an abomination. The corruption begins at the top and should be prosecuted. However, with the judiciary as crooked as the rest of the political class, I don’t see that happening. We truly have two sets of laws, one for the elites and the other for the rest of us and that is not America. The foundational principle of us all being equal under the law is a joke and the guilty rub their corruption in our faces and laugh at us when we point it out.
30 people like this.
Reply 17 - Posted by:
snapper451 7/9/2021 7:09:44 AM (No. 840019)
Where the heck is the SEC? Any of us peasants out here would be in jail for all the inside action the Pelosi's and their friends get. Now we know how people go to Congress middle class and come out multi, multi millionaires. This will be ignored by the Deep State MSM, unless a Republican hit the jackpot, but only that person would be crucified.
13 people like this.
Reply 18 - Posted by:
Philipsonh 7/9/2021 7:21:21 AM (No. 840028)
If her relatives and friends were checked , you would most likely find that he husband was not the only one to use the information that Pelosi knew about. Martha Stewart went to prison for a
VERY small $ amount she gained from so-called insider knowledge. *( Actually, because she lied about how she found out the info ). Members of Congress are $ multitudes beyond her.
16 people like this.
Reply 19 - Posted by:
homefry 7/9/2021 7:22:30 AM (No. 840031)
Reply 5 - Posted by: stablemoney 7/8/2021 11:17:36 PM (No. 839889)
The Pelosi's and the Obama's never seem to have enough. You aren't taking anything with you, and we are going to bury you in a wooden coffin in the dirt.
Dont include me in that statement, I'd leave the sonsofbitches for the buzzards to clean up.
14 people like this.
Reply 20 - Posted by:
udanja99 7/9/2021 7:48:31 AM (No. 840054)
Didn’t he also just buy $1million in Tesla stock right before the Xiden cabal announced their plans to force all government cars to be electric by 2025 or some other date in the near future?
And Nasty didn’t know anything about these recent stock purchases just like Joe didn’t know about any of Humper’s business deals.
And I’m the queen of Romania.
17 people like this.
Reply 21 - Posted by:
Clinger 7/9/2021 7:54:22 AM (No. 840061)
When the politicians making policy can get rich on advanced knowledge of impending policy, only a fool would think that the incentive for putting that policy in place has anything to do with the best interests of the American people. This is perhaps above all the single fundamental flaw in our constitutional republic.
8 people like this.
Reply 22 - Posted by:
hershey 7/9/2021 8:01:15 AM (No. 840070)
This is more and more looking like communism..the rich get richer and the poor poorer...just like communism..the ruling elete get everything and the unwashed masses nothing..it's just like the Mob but it's called politics...
11 people like this.
Reply 23 - Posted by:
Strike3 7/9/2021 8:07:41 AM (No. 840077)
Show me one wife in history who had no knowledge of her husband spending $11 million. I can't even buy a box of ammo without the inevitable evil eye and a "what do you need that for?" "How much was it?" Pelosi is a liar and a loony, money-grubbing witch but then we knew that before.
21 people like this.
Reply 24 - Posted by:
Chiritwo 7/9/2021 8:19:21 AM (No. 840089)
That's called inside trading but we all know that as we all know this is another big yawn. Nothing will happen if the person has a D behind their name. We have become a very corrupt country and getting worse every day with this administration. Would love to see AOC bank statements. The press could do something about this but they choose to be lapdogs of the Democratic Party - pathetic.
8 people like this.
Reply 25 - Posted by:
Zigrid 7/9/2021 8:33:47 AM (No. 840102)
Insider trading is illegal... whether you're in or out of congress...nervous nancy's drive to stop President Trump from winning the house and senate is her political goal... if she can't "manage" taxpayer's money ... she loses her control...and no more "special" plane rides back to California every weekend...she's back to economy seats... oh how sweet that would be... and no more "special" trips to the hairdresser...check her roots... they're gray...and I can say this because I'm an ole broad... she's old!!...turn her over... she's done...
10 people like this.
Reply 26 - Posted by:
BillW. 7/9/2021 8:36:44 AM (No. 840105)
We've said it all along. DJT was elected to derail Deep-State DC's gravy train. He succeeded. This is a perfect example. But the Swamp Rats couldn't stand it. They had to find a way to get rid of him, elections, and the will of people like Ashli Babbitt be damned. --Veterans Still for Trump
16 people like this.
Reply 27 - Posted by:
Rumblehog 7/9/2021 8:39:40 AM (No. 840109)
Insider trading is illegal for Politicians... just sayin'
4 people like this.
Reply 28 - Posted by:
thehutchcom 7/9/2021 8:55:26 AM (No. 840132)
If they have millions of dollars invested in Google, Amazon, etc., how can they possibly have an honest opinion about whether these tech giants have too much power and should be broken up or have new rules created to restrict them? This should be illegal.
5 people like this.
Reply 29 - Posted by:
Jebediah 7/9/2021 9:00:33 AM (No. 840139)
What a shock!!!!!!!! And why is this not being pursued? Could it be that a lot of rocks in both Parties would be topped over? (Though I DO note that several Republicans have been drummed out for far less serious financial breaches, an NO DEMOCRATS.)
3 people like this.
Reply 30 - Posted by:
Maggie2u 7/9/2021 9:01:43 AM (No. 840141)
There's a meme going around that says...'A smart person wouldn't ask why a billionaire becomes a politician, a smart person would ask how a politician becomes a millionaire.'
7 people like this.
Reply 31 - Posted by:
downnout 7/9/2021 9:17:01 AM (No. 840163)
Please note it was Pelosi who stomped on a bill to create mandatory blind trusts for members of Congress.
3 people like this.
Reply 32 - Posted by:
Old Army Vet 7/9/2021 9:39:26 AM (No. 840186)
I would expect no less from a corrupt democRAT politician and her husband. She never gave him any inside info, yea right.
4 people like this.
Reply 33 - Posted by:
mizzmac 7/9/2021 9:45:45 AM (No. 840197)
"Bless me, Google, for I have sinned...." You know. The thing.
2 people like this.
Reply 34 - Posted by:
MickTurn 7/9/2021 10:03:27 AM (No. 840216)
The Pig and Pighusbie have been doing this same SCAM forever.
It's way past time to put ALL Congress Critters in PRISON for this abuse.
I don't care if they passed a law allowing them to be criminals, it's time for REAL JUSTICE!
4 people like this.
Reply 35 - Posted by:
marbles 7/9/2021 10:10:01 AM (No. 840229)
This is the same group that could cash checks without having any money in their House accounts aka "Rubbergate".
4 people like this.
Reply 36 - Posted by:
Calico Al 7/9/2021 10:38:56 AM (No. 840264)
White Supremacy!
3 people like this.
Reply 37 - Posted by:
PrayerWarrior 7/9/2021 10:41:20 AM (No. 840266)
This isn't the first time these crooks got wealthy having insider information. Old Nasty had did this a few years ago and made millions...not a peep out of the MSM.
2 people like this.
Reply 38 - Posted by:
mc squared 7/9/2021 12:52:38 PM (No. 840424)
#11; How much did Mad Max's family 'earn' this time
Certainly enough to buy a villa next to a black man who became very wealthy as President.
2 people like this.
Reply 39 - Posted by:
GoodDeal 7/9/2021 1:12:36 PM (No. 840432)
The upside is all of their money will be worthless in Hell.
3 people like this.
Reply 40 - Posted by:
weejun 7/9/2021 2:30:41 PM (No. 840500)
Term limits, folks...
1 person likes this.
Reply 41 - Posted by:
Casper27 7/9/2021 4:51:43 PM (No. 840691)
Nancy, I went to first grade at the age of five in NC. I only knew that we had a johnny house and water
from a spring. Two hogs by the house that I slopped every morning.
I saw my first commode on that morning and didn't know what to do in the situation.
I was shocked. The water flushing.
I learned so much in school......a commode.
I now find that I am to be despised Americans because I am white....amazing.
2 people like this.
Reply 42 - Posted by:
Penney 7/9/2021 5:32:20 PM (No. 840730)
So that's how they do it. How many Congress critters have done the same?!
0 people like this.
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