Posted on 11/08/2011 6:47:40 PM PST by Free ThinkerNY
Indications from the Beltway media world are that 60 Minutes is preparing to air a segment exploring legislative actions House Minority Leader Nancy Pelosi oversaw that might have benefited her husband's stock investments.
According to multiple news reports, 60 Minutes reporter Steve Kroft sprang a number of questions on Pelosi at a recent press conference in Washington, D.C. about why legislation affecting credit-card swipe fees was not brought to the floor of the house for a vote late in 2008.
Earlier that year, Pelosi's husband, San Francisco businessman Paul Pelosi, purchased between $1 and $5 million in Visa stock. Visa, based in San Francisco, was undergoing a large IPO.
ABC News reported:
... Kroft asked Pelosi whether she considered it a conflict of interest for she and her husband to participate "in a very large IPO deal from Visa at a time there was major legislation affecting the credit card companies" making its way through Congress.
"What you're contending is not true," Pelosi, D-Calif., said. "The fact is your basic premise is a false one."
Kroft also reportedly peppered House Speaker John Boehner with questions about trades he made in health-insurance company stock as healthcare reform legislation was moving through Congress. Boehner denied any improprieties in the trades.
(Excerpt) Read more at blogs.sfweekly.com ...
There is a God. She will eventually die and all of her ill gotten swag won’t mean a thing.
I’ll believe it when I see it!
I’m certain that the poor Pelosi family was just victimized by the evil Wall Street folks.
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