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Started By
Message
The Pelosis are so lucky when it comes to investing!
Posted on 3/28/17 at 7:57 am
Posted on 3/28/17 at 7:57 am
No wonder they're so fabulously wealthy...
Working for the people
quote:
Its 2014 purchase of wind energy company First Wind "further bolstered the reputation of the company," wrote one market-watcher at the time. "Perhaps unsurprisingly, SunEdison's stock soared an astounding 29% on news of this acquisition alone."
Pelosi’s husband, Paul Pelosi, had invested just in time. He bought between $100,000 and $250,000 in SunEdison stock on Oct. 24, 2014, according to congressional financial disclosures. The company announced its First Wind acquisition on Nov. 17.
Pelosi’s office did not respond to questions about the timing of the purchase and whether she or her husband had any advance knowledge of the deal.
Pelosi has previously been accused of trading stock based on information gleaned through her official duties. She participated in Visa’s initial public offering as the company fought a House bill to subject credit card companies to increased regulation. The measure failed to pass. A law passed in the wake of that controversy prohibits members of Congress from using nonpublic information for personal gain. Language in that measure was informally dubbed the "Pelosi Provision."
In addition to her stock trades, Pelosi steered more than $1 billion in federal subsidies to a light rail project that likely improved the value of the San Francisco headquarters of cloud computing company Salesforce, in which her husband had invested up to $1 million.
Working for the people
This post was edited on 3/28/17 at 8:18 am
Posted on 3/28/17 at 7:58 am to Eli Goldfinger
Look over there, RUSSIANS!
Posted on 3/28/17 at 8:00 am to Eli Goldfinger
Pelosi's corruption (along with Maxine Watters) has been known for quite sometime.
But she's a Democrat, so its ok!
But she's a Democrat, so its ok!
Posted on 3/28/17 at 8:00 am to Eli Goldfinger
So so lucky.
But it's Republicans who are the party of the big banks/wealthy
But it's Republicans who are the party of the big banks/wealthy
Posted on 3/28/17 at 8:02 am to Eli Goldfinger
Hay that's liberals money so it's not dirty like conservative money. Conservative money is evil.
Posted on 3/28/17 at 8:04 am to Eli Goldfinger
quote:Wait, so foot soldiers who do the dirtywork for the elite, get paid handsomely?
The Pelosi's are so lucky when it comes to investing!
Who knew?
Posted on 3/28/17 at 8:06 am to Eli Goldfinger
Pelosi and Reid are pure trash. They make Jim and Tammy Baker easier to behold.
Posted on 3/28/17 at 8:06 am to Eli Goldfinger
Swamp POS. She should be the poster child for term limits battle.
Posted on 3/28/17 at 8:06 am to Eli Goldfinger
See TRUMP was wrong. Democrats are good at making deals, for themselves.
Posted on 3/28/17 at 8:08 am to Eli Goldfinger
Another example of why term limits and lobby reform better get front and center on Trump's to do list.
Posted on 3/28/17 at 8:13 am to Eli Goldfinger
Not luck at all.
They were just following investment advise from a famous real estate tycoon.
Harry Reid!!!
They were just following investment advise from a famous real estate tycoon.
Harry Reid!!!
Posted on 3/28/17 at 8:18 am to Eli Goldfinger
quote:
She participated in Visa’s initial public offering as the company fought a House bill to subject credit card companies to increased regulation.
To the best of my recollection on that, she was magically able to buy Visa class A stock when everyone else in the IPO could buy only class B or C.
Posted on 3/28/17 at 8:22 am to Eli Goldfinger
She's a pillar of the democratic party and behaves this way.
A sad commentary
A sad commentary
Posted on 3/28/17 at 8:24 am to Eli Goldfinger
I don't know why this is a surprise. Members of the Politburo were very comfortable/well off in the USSR.
Also, remember, all animals are equal, but some are animals are more equal than others.
Also, remember, all animals are equal, but some are animals are more equal than others.
Posted on 3/28/17 at 8:32 am to skullhawk
I wish all Democrats would abort themselves.
Posted on 3/28/17 at 8:58 am to Bass Tiger
quote:
term limits
Would be awesome, but will never happen.
Posted on 3/28/17 at 9:01 am to Eli Goldfinger
So mr pelsoi bought $250,000 stock in a struggling company less than 1 month before it got bought out? Seems legit
Posted on 3/28/17 at 9:13 am to Eli Goldfinger
All of them do it. Hard to find any member of Congress that doesn't have a net worth into the millions. The only solution is to make them less powerful and influential, but obviously neither party wants to do that......
Posted on 3/28/17 at 9:28 am to Eli Goldfinger
It is so lucky how these Public Servants who have done nothing but hold political office seem to become very wealthy.
The Clintons are at the high end of this group but the fact that they're worth hundreds of millions of dollars and they've never created a product.They've never had a special skill that was worth money.
Looking at Washington,DC from the outside,it seems to me that you get rich there is by doing something illegal,unethical,and immoral.
You don't get wealthy in DC collecting your Government paycheck and then retiring on your Government Pension.
The Clintons are at the high end of this group but the fact that they're worth hundreds of millions of dollars and they've never created a product.They've never had a special skill that was worth money.
Looking at Washington,DC from the outside,it seems to me that you get rich there is by doing something illegal,unethical,and immoral.
You don't get wealthy in DC collecting your Government paycheck and then retiring on your Government Pension.
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