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Pelosi’s Husband Buys Millions In Chip Stocks Right Before Vote On Massive Chip Subsidy

Posted on 7/15/22 at 6:57 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167304 posts
Posted on 7/15/22 at 6:57 pm
LINK

quote:

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.

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.



Posted by MasonTiger
Mason, Ohio
Member since Jan 2005
16250 posts
Posted on 7/15/22 at 7:00 pm to
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37650 posts
Posted on 7/15/22 at 7:01 pm to
Damn which Company?...gonna have to check that out
This post was edited on 7/15/22 at 7:02 pm
Posted by Gountiss
Boone, NC
Member since Aug 2012
525 posts
Posted on 7/15/22 at 7:02 pm to
If I did that, I’d have the SEC investigating me immediately. Must be nice to be a politician or a souse of one
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71426 posts
Posted on 7/15/22 at 7:02 pm to
Nvidia. It's insanity they can't be prosecuted for insider trading, yet because I work for a public PE firm I'm under all these goddamn rules.
Posted by The Easter Bunny
Minnesota
Member since Jan 2005
45568 posts
Posted on 7/15/22 at 7:03 pm to
The fact that I, a low level peon at a Fortune100 tech company, have restrictions on when I can buy and sell shares with no insight or ability to change the price but congress can do this shite is insane to me
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
25033 posts
Posted on 7/15/22 at 7:05 pm to

No reasonable person would move to convict.
Posted by 14&Counting
Eugene, OR
Member since Jul 2012
37650 posts
Posted on 7/15/22 at 7:05 pm to
I don't think what he did is illegal.....it should be but it isn't.....she has been pretty brazen.

Pelosi don't give a frick. She will retiring to her Palm Beach mansion where Trump is a neighbor in a state run by Republicans and DeSantis. Meanwhile, her district is the biggest dystopian mess in America.

This post was edited on 7/15/22 at 7:09 pm
Posted by SouthEasternKaiju
SouthEast... you figure it out
Member since Aug 2021
25033 posts
Posted on 7/15/22 at 7:07 pm to
quote:

I don't think what he did is illegal.....it should be but it isn't.....she has been pretty brazen.


It's effectively insider trading. Worse than what Martha Stewat did hard time for, but this is fine.
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 7/15/22 at 7:08 pm to
fricking law-breaking greedy assholes!
Posted by BamaScoop
Panama City Beach, Florida
Member since May 2007
53843 posts
Posted on 7/15/22 at 7:11 pm to
If they leaked this before they announce the bill it would lead me to believe that the price will be driven up and he will be selling his stock off at a much higher price than he bought and he will do this before the vote. Then they will turn down the bill. See how that works.
Posted by the808bass
The Lou
Member since Oct 2012
111546 posts
Posted on 7/15/22 at 7:12 pm to
quote:

don't think what he did is illegal


Whew. As long as it’s legal, I think we all sleep easier.
Posted by bamarep
Member since Nov 2013
51807 posts
Posted on 7/15/22 at 7:13 pm to
That corrupt family has been doing this for decades.


And yet we sit our fat lazy disinterested assess back and do nothing.
Posted by HighlyFavoredTiger
TexLaArk
Member since Jun 2018
879 posts
Posted on 7/15/22 at 7:14 pm to
You’re right, this is (D) ifferent!
Posted by HooDooWitch
TD Bronze member
Member since Sep 2009
10270 posts
Posted on 7/15/22 at 7:16 pm to
quote:

The fact that I, a low level peon at a Fortune100 tech company, have restrictions on when I can buy and sell shares with no insight or ability to change the price but congress can do this shite is insane to me


That’s how it works Either Bunny. Elites get away with the crime, schmucks get jail time. Don’t believe me, just ask Martha.
Posted by SingleMalt1973
Member since Feb 2022
11948 posts
Posted on 7/15/22 at 7:17 pm to
quote:

Pelosi’s Husband


Posted by Bass Tiger
Member since Oct 2014
46151 posts
Posted on 7/15/22 at 7:19 pm to
quote:

quote:don't think what he did is illegal

Whew. As long as it’s legal, I think we all sleep easier.


We’re finding out there’s a lot of things the Political Elites (particularly Groomers/Dims) do that would put street level Americans behind steel bars.
Posted by Sid E Walker
InsecureU ©
Member since Nov 2013
23886 posts
Posted on 7/15/22 at 7:20 pm to
quote:

Must be nice to be a politician liker a souse of one


Posted by tiggerthetooth
Big Momma's House
Member since Oct 2010
61275 posts
Posted on 7/15/22 at 7:20 pm to
The Pelosi's are the absolute bottom barrel of American society, and you will never convince me Nancy is anything more than a husk of a human being. Corrupt beyond our imagination and it all goes on right in front of our faces.
Posted by trinidadtiger
Member since Jun 2017
13408 posts
Posted on 7/15/22 at 7:21 pm to
You guys have any idea how many govt agencies pass "regulations" on certain specs for equipment that standardize industries....and only one company can supply them....man could make a fortune.
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