Pelosi and a lifetime of trading

Post by KerrickStaley » Wed, Jul 21, 2021, 5:36 PM UTC

fighterpilot wrote: post #113

boulos wrote: post #41

The article never says this, but her husband, Paul, is a longtime investor / VC [1]. There’s obviously still a huge opportunity for leakage of information that Nancy Pelosi receives, but the trades don’t actually look suspicious nor requiring non-public information. There was some reporting on this issue more broadly when Senator Burr seemed to place trades directly due to coronavirus information, which included Pelo…

> the trades don’t actually look suspicious nor requiring non-public information. The purchase was made 1 month before this story[1] broke, which was a significantly market moving announcement. There's plausible deniability, of course. [1] https://www.cnbc.com/2021/01/25/biden-plans-to-replace-gover...

Post by boulos » Wed, Jul 21, 2021, 5:37 PM UTC

fighterpilot wrote: post #113

boulos wrote: post #41

The article never says this, but her husband, Paul, is a longtime investor / VC [1]. There’s obviously still a huge opportunity for leakage of information that Nancy Pelosi receives, but the trades don’t actually look suspicious nor requiring non-public information. There was some reporting on this issue more broadly when Senator Burr seemed to place trades directly due to coronavirus information, which included Pelo…

> the trades don’t actually look suspicious nor requiring non-public information. The purchase was made 1 month before this story[1] broke, which was a significantly market moving announcement. There's plausible deniability, of course. [1] https://www.cnbc.com/2021/01/25/biden-plans-to-replace-gover...

Post by La1n » Wed, Jul 21, 2021, 5:40 PM UTC

kmonad wrote: post #134

+56% vs the S&P's +36%. This does not look "suspicious", from a purely statistical point of view.

Post by stonemetal12 » Wed, Jul 21, 2021, 5:42 PM UTC

throwawayboise wrote: post #66

underseacables wrote: post #30

Earlier quoted context omitted.

Yes, deeply suspicious, I was trying to split the difference and not get political. I think it’s terrible. Members of Congress should not be allowed to own, trade, or have anything to do with the stock market. I always heard a rumor that members of Congress are always richer when they leave than when they entered. That should really piss Americans off, but it doesn’t depending on which party is in power, and which pa…

I think they should be able to own an investment portfolio, but while they are in office (and perhaps after, if they engage in lobbying) it should be in a blind trust.

Post by TrispusAttucks » Wed, Jul 21, 2021, 5:44 PM UTC