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Keyword: visastock

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  • Blast from Past: '60 Minutes' Uncovers Pelosi's Insider Stock Trades

    03/07/2019 9:43:29 AM PST · by topher · 18 replies
    NewsMax ^ | Old Article from 13-Nov-2011
    Former House Speaker Nancy Pelosi bought stock in initial public offerings (IPOs) that earned hefty returns while she had access to insider information that would have been illegal for an average citizen to trade with – even though it’s perfectly legal for elected officials, CBS’s "60 Minutes" reported Sunday night. In a piece relying on data collected from the conservative Hoover Institution, "60 Minutes" revealed that elected officials like Pelosi are exempt from insider trading laws – regulations that carry hefty prison sentences and fines for any other citizen who trades stocks with private information on companies that can affect...