PM: It has been revealed that former House Speaker Nancy Pelosi’s husband, Paul Pelosi, sold 30,000 shares of Google’s parent company Alphabet just weeks before the Department of Justice announced it would be filing an antitrust lawsuit against the tech giant.
A Periodic Transaction Report filed with the House of Representatives showed that the three sales of 10,000 shares had yielded Pelosi capital gains of more than $200 each, but the exact amount was not disclosed.
The three separate transactions took place between December 20 and 28, and each involved amounts from $500,000 and $1,000,000, putting the total stock dump at between $1.5 million and $3 million.
The antitrust lawsuit against Alphabet was filed on Tuesday on behalf of eight states and the Department of Justice. The suit accuses the company of having “corrupted legitimate competition in the ad tech industry by engaging in a systematic campaign to seize control of the wide swath of high-tech tools used by publishers, advertisers, and brokers, to facilitate digital advertising.”
Pelosi, who runs a San Fransicso-based investment and venture capital firm, came under scrutiny last year after he bought millions of dollars in shares of chip manufacturer Nvidia prior to Congress’ passing of the CHIPS Act, which injected billions into the industry. more
Now THAT is one shrewd investor. I wonder what his secret is?
And where is that police body cam video?
Bbbbbut no one is above the law!!
What a coincidence!
Dang! It’s almost like he’s got ESP or something!
izlamo delenda est …
Losing money in the stock market is for the peasants.
All of them should get hammers stuck in their portfolios.
On the plus side,he’ll always be rich the rest of what little life is left to him.
On the minus side, he has to live with Nancy the rest of that life, and she’s going to be home now.
Best thing he could do with his ill-gotten millions is buy a really plush suicide booth and get hammered for the last time.
Sure, he’ll go to hell.
But satan is probably an improvement on Nancy.
And I wonder if he invested in the tool company that made his hammer before the video comes out.
Because that brand is about to get a “HOLE” lotta press…
He made the trades for his hammer-wielding boyfriend…
So he didn’t share the inside info with his But Plug Buddy…
(can’t wait for the video)
STOP THE GOD DAMNED HAMMERING!!
Yet, Even with all that money & servants, they don’t hire staff to drive him home from his evening wine tasting.
Car in Ditch again!
Those big iceboxes cost allot to buy, run and keep stocked for big parties.
HI PAUL! WELCOME TO YOUR FOREVER HOME! HOW’S YOUR HAMMER HANGING?