"The Pelosis purchased 5,000 shares of Visa at the initial price of $44 dollars. Two days later it was trading at $64."

As CBS reported, current insider trading laws do not apply to nonpublic information about current or upcoming congressional activity. In other words, lawmakers can go into confidential meetings with corporate leaders, understanding new legislation is going to come out next week, and are free to trade on that information. This form of "insider trading" is one of the reasons why there are so many wealthy members of Congress, CBSNews.com reported earlier this year.

As Steve Kroft reported on "60 Minutes," Pelosi is one of many lawmakers whose stock market trades could have been seen as a conflict of interest. The former speaker and her husband have participated in at least eight IPOs, one of which was from Visa in 2008 - just as a troublesome piece of legislation that would have hurt credit card companies began making its way through the House. The Pelosis purchased 5,000 shares of Visa at the initial price of $44 dollars. Two days later it was trading at $64.

https://www.cbsnews.com/news/new-details-on-visas-attempt-to-influence-pelosi/

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Boris on January 17, 2019 at 8:17pm

Pelosis purchased 5,000 shares of Visa at the initial price of $44 dollars. Two days later it was trading at $64

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Sandy posted a photo
7 hours ago
Doc Vega posted blog posts
17 hours ago
tjdavis posted a video

Devo - Fresh

"Fresh" is from Devo's 2010 album, Something For Everybody. Video producer – Brian Carr/David VotteroVideo director – Gerald Casale & Davy Forcehttps://www.C...
23 hours ago
Doc Vega commented on tjdavis's blog post Drones Used In Gaza Surveilling US Cities
"Remember that song by Alan Parsons "Eye in the Sky"?"
yesterday
Snakedaddy favorited tjdavis's video
yesterday
Doc Vega posted a blog post
Friday
tjdavis posted blog posts
Friday
Sandy commented on tjdavis's blog post Drones Used In Gaza Surveilling US Cities
Thursday
Less Prone favorited cheeki kea's photo
Wednesday
cheeki kea commented on cheeki kea's photo
Thumbnail

ancient lost worlds ~ DNA

"The area of Ket and Selkup  peoples.There have been groups of people that have long…"
Wednesday
cheeki kea posted a photo
Wednesday
cheeki kea commented on Less Prone's video
Thumbnail

FEYNMAN: THE QUEST FOR TANNU TUVA (1988)

"Wow. And as strange coincidence this could be the very place of the great migration ( to America,…"
Wednesday
cheeki kea favorited Less Prone's video
Wednesday
tjdavis favorited Sandy's discussion Sick sci-fi sex fantasy written by Epstein's first benefactor people say inspired his twisted island... before author's SON ended up arresting him
Wednesday
tjdavis posted a blog post
Wednesday
tjdavis posted photos
Tuesday
Less Prone posted a video

FEYNMAN: THE QUEST FOR TANNU TUVA (1988)

100th birthday present! Richard Feynman (1918-88), physicist, and his friend Ralph Leighton became fascinated by the remote and mysterious Asian country of T...
Tuesday
tjdavis favorited cheeki kea's video
Nov 3
tjdavis posted blog posts
Nov 3
cheeki kea commented on Doc Vega's blog post Grooming the New Generation of Assassins
"That's right. Many countries head down that road into a terrorising future of Self ID-ers. (…"
Oct 31

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted