PJM: Nancy Pelosi’s latest financial disclosures, revealed over the weekend, show that she purchased 25 Tesla call options with a $500 strike price and an expiration date of 3/12/2022 on December 22, 2020, paying between $500,000 and $1 million for the option.
There were other purchases of AllianceBernstein Holdings, Apple, and Walt Disney on the disclosure, but the Tesla purchase is raising eyebrows, as Chris Katje of Yahoo! Finance noted, “as arguments could be made that the companies stand to benefit from new President Joe Biden’s agenda.”
On Monday, Joe Biden announced his “Buy American” executive order that includes a plan to replace the U.S. government’s fleet of cars and trucks with U.S.-assembled electric vehicles. Tesla, General Motors, and Nissan all produce electric vehicles in the United States.
Why is this important? The ethical issue surrounding members of Congress buying individual stocks is hardly new. Former Georgia Senator David Perdue was accused of unethical stock purchases while he was in Congress. He was, however, investigated and cleared of wrongdoing. Former Congressman Chris Collins (R-N.Y.), however, was sentenced to 26 months in prison for giving his son an illegal stock tip about an Australian biotech company’s failed drug trial before that information had been made public. more
Does Pelosi do her own stock trades or does someone else do it for her without needing her knowledge of the specifics of what is being done?
That the hag has been allowed to LIVE this long, is an “ethical violation” in and of itself.
Nancy’s stock advisor is Kelly Loeffler.
^^^^^ of course she doesn’t do her own investments. She’s about as smart as my left boot that I lost in the mud 20 years ago, but she will ‘encourage’ legislation based on her financial guys reccomedation….
Is there anything about her being that doesn’t raise those questions?
Ethics, schmethics… she’s a democRAT!
No morals, ethics or standards need apply!
“Above the Law” means exactly that.
“Beyond Good and Evil” as someone once put it.
This is the nature of nihilistic totalitarianism – under whatever guise.
izlamo delenda est …
“My husband handles that and we’ve never discussed it”
It’s Called the Diane Feinstein implausible deniability defense.
Phhhttt.
Breaking news? How do you think she and her husband amassed their fortune? She learned at the side of her corrupt father, after all.
It can’t be insider trading because she bought the stock first and then told ‘Tater to sign the EO mandating EVs. It would only be an insider deal if ’Tater told her he was doing the EV EO and she went out and bought the stock based on that nonpublic info. But ‘Tater never knows what he’s signing until they hand him a note card to read.
I think ‘Tater is going for 100 EOs in 100 days.
Pelosi’s stock purchases raise ethical and legal questions.
And your point is?
Doesn’t matter, what we have here is a very corrupt Queen that will remain above the law.
When will the American people demand an investigation into Madame 🐖 Piglosi? I’m losing confidence, but will always have a glimmer of hope.
The Pelosi’s made money trading VISA in ’08 when there was legislation pending in Congress that would have a drastic affect on it’s stock rice. Nothing new here.
Congress is allowed to trade on insider information. Isn’t it nice they make special rules for themselves. The 17th Amendment needs to be repealed and two term limits as well.
Anybody remember the minimum wage bill?
That Samoan tuna fishermen were exempt?
Nothing came of that, either.
Her gross worth increased 400% during her speakership.
Nothing to see here! Move along!
izlamo delenda est …
That piece of shit pelosi has been working hard to destroy our nation, and she’s been at it for literally generations. She’s not going anywhere fast, either.
We need to get the hell out of Dodge, and take with us what is ours.