- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Insider Trading?
Posted on 7/18/22 at 10:59 am
Posted on 7/18/22 at 10:59 am
Nancy Pelosi’s Husband Buys Millions In Chip Stocks Right Before Vote On Massive Chip Subsidy
House Speaker Nancy Pelosi’s husband Paul bought up to $5 million in stock of a computer chip company ahead of a vote on a bill next week that would hand billions in subsidies to boost chip manufacturing, a financial disclosure shows.
LINK
Paul Pelosi purchased 20,000 shares of Nvidia, one of the world’s largest semiconductor companies, on June 17, according to the speaker’s disclosure report released Thursday. Now, senators will convene as early as Tuesday to vote on a bipartisan competition bill, which allocates $52 billion to boost domestic semiconductor manufacturing and gives tax credits for production, Reuters reported Thursday.
House Speaker Nancy Pelosi’s husband Paul bought up to $5 million in stock of a computer chip company ahead of a vote on a bill next week that would hand billions in subsidies to boost chip manufacturing, a financial disclosure shows.
LINK
Paul Pelosi purchased 20,000 shares of Nvidia, one of the world’s largest semiconductor companies, on June 17, according to the speaker’s disclosure report released Thursday. Now, senators will convene as early as Tuesday to vote on a bipartisan competition bill, which allocates $52 billion to boost domestic semiconductor manufacturing and gives tax credits for production, Reuters reported Thursday.
5
Posted on 7/18/22 at 11:00 am to djmed
Germans baw. And when this news broke anyone could have got in.
Yes they’re evil though
Yes they’re evil though
Posted on 7/18/22 at 11:07 am to djmed
It’s not insider trading if you make the laws and the trades.
Posted on 7/18/22 at 11:14 am to djmed
Steve Croft from 60 minutes had to go to a press briefing in 2008 to get her to answer questions about her Visa stock purchase. Her response is hilarious.
Video f Croft at her press conf is in the article.
LINK
quote:
"If you were a senator, and I gave you $10,000 cash, one or both of us is probably gonna go to jail. But if I'm a corporate executive and you're a senator, and I give you IPO shares in stock and over the course of one day that stock nets you $100,000, that's completely legal," said Peter Schweizer, a fellow at the Hoover Institution, a conservative think tank at Stanford University.
quote:
Former U.S. House Speaker Nancy Pelosi (D-San Francisco) and her husband have participated in at least eight IPOs. One of those came in 2008, from Visa, just as a troublesome piece of legislation that would have hurt credit card companies, began making its way through the House. Undisturbed by a potential conflict of interest the Pelosis purchased 5,000 shares of Visa at the initial price of $44. Two days later it was trading at $64. The credit card legislation never made it to the floor of the House.
Video f Croft at her press conf is in the article.
LINK
Posted on 7/18/22 at 7:34 pm to djmed
Just saw a news story pop up on my phone. Biden wants to subsidize chipmakers here in the US.
Posted on 7/18/22 at 7:57 pm to djmed
There's a big difference between insider trading and Insi(D)er Tra(D)ing.
One is a criminal act and one is a profession.
One is a criminal act and one is a profession.
This post was edited on 7/18/22 at 7:58 pm
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News