Posted on 08/19/2008 6:48:47 PM PDT by moneyrunner
...in May 2007, Pelosi invested between $100,001 and $250,000 to purchase public common stock in Pickens Clean Energy Fuels Corporation (CLNE). Pelosi's CLNE investment was first highlighted by the Michigan Taxes Too Much and #don'tgo blogs. CLNE is a cog in Pickens$6 billion plan to build a massive wind farm in west Texas and to switch millions of vehicles on American roads from gasoline to natural gas. Pelosis CLNE purchase is listed on her most recent congressional personal financial disclosure form, which can be viewed at Opensecrets.org.
A search of Pelosis official web site found no announcement of the investment in the Pickens operation. A request to the Speakers official spokesman yesterday for information about the investment went unanswered.
(Excerpt) Read more at moneyrunner.blogspot.com ...
But!!! Why... I’m SHOCKED, shocked I say. Truly, truly shocked.
"I'M TRYING TO SAVE MY INVESTMENTS THE PLANET!!!"
In all fairness, I would rather have oilmen then windmen in office..
May 27, 2007 went public at $12 and closed at $12.04. My bet is she got in at the open.
Closed at $14.11 today.
If she went in with a round lot of 20,000 shares she invested $240,000. Today her 20,000 shares would sell for $282,200.
T-Bone has made Miz Nancy $42,200, less fees, in the past fifteen months. If she’s smart she’ll take her money and run.
Pickens is the one that is telling her that her stance on drilling is a big mistake. That’s why she is on the flip flop....however, I don’t mind alternative forms of energy, as long as can we pay Americans for oil and Americans for any other energy rather than “selling our soles for jelly rolls” type of leadership from the bug eyed B****.
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