Posted on 07/25/2020 2:29:15 PM PDT by GrandJediMasterYoda
CRIME PAYS: Bandit Nancy Pelosi Pockets $6 Million in Amazon Stock PROFITS; INSIDER TRADING Scheme Involved Purchase During Congressional Coronavirus Meetings Before U.S. Retailers Were Forced to Close
Speaker of the House Nancy Pelosi and her husband are cashing in already on $5 million of Amazon stock purchased during the time frame that closed-door coronavirus meetings were being conducted in Congress — making an additional $6 MILLION in stock profits on top of the original purchase.
As of Friday morning, the Pelosi stock purchase had already earned the couple $6 million after using insider trading Intel to purchase the stock. The Amazon share price climbed close to $3,000 on Friday. The Pelosi’s purchased the shares on Jan. 17, according to financial disclosure filings at $1,600 per share.
Additionally, husband Paul Pelosi held 40 additional call options on Amazon stock too and sold those on Jan. 17 as well, netting him between $500,000 and $1 million, filings shows.
That’s like a quick $6 million in profit. Where is William Barr? Paging AG Barr …
(Excerpt) Read more at truepundit.com ...
The Stop Trading on Congressional Knowledge (STOCK) Act (Pub.L. 112–105, S. 2038, 126 Stat. 291, enacted April 4, 2012) is an Act of Congress designed to combat insider trading. It was signed into law by President Barack Obama on April 4, 2012. The law prohibits the use of non-public information for private profit, including insider trading by members of Congress and other government employees. It confirms changes to the Commodity Exchange Act, specifies reporting intervals for financial transactions.
https://en.wikipedia.org/wiki/STOCK_Act
Her net worth nearly doubled twice in 10 years, Roughly 5 years each time.
Early progressives were wrong: an honest man can make a million a year in business. But honest people don’t get rich in politics. And Democrats are getting rich in politics ... doesn’t matter the color of their skin or the State they are from.
B6 some accounts though they made a loophole by nixing reporting on them.
Yet Pelosi’s kids are allowed to run riot in Portland and Seattle.
The bagpipe blowhard will get right on it.
Her opponent should be bringing this up and flooding her district with this info
This story is not going away.
Is that law applied to liberal Communist Democrats? Really?(/S)
She is the definition of scum.
At her age with her net worth she gives a crap about a few more millions? It’s gotta suck to be that grasping.
I really hope not. Must be nice to see a forecast of the economy that she personally helped mold.
There all crooks both parties...go there broke and become millionaires
As Mark Levin says, she’s an old evil woman. She certainly is, insider trading is nothing more than theft from the public. She does not give one rats ass about this country or anybody but herself and I would not want to be her when she meets her maker. She is vile scum and I hope she has fun spending eternity in hell.
I hope not. If they do nothing to her then it proves the Stock act signed into law by Obama was a complete hoax.
I don’t know, but I wouldn’t doubt there’s 20 billion loopholes to it. It was all Kabuki theater to protect Nancy. Can you imagine the hell that would unleash if Trump was caught cashing in on insider info? I blame Republicans for this, they do NOTHING! This vile old bag is doing extreme damage to this country and they do NOTHING. She calls our federal law enforcement heroes “Storm troopers”? Where the hell are Republicans demanding she resign??
I don’t think it’s the money so much as the opportunity to do some thing that the little people would not be able to do.
She can buy 10 more freezers full of ice cream.
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