Insider trading right in front of the public, yet nothing happens. Wonder why no one trusts the government anymore.

by EmptyReformer

18 comments

  1. Is this the same thing Martha Stewart went to jail for?

  4. I mean, not ANYONE else. Tons of people in Congress are doing this. These guys only ever mention Pelosi.

  6. Why just mention Pelosi? Fuckin weirdos. Politicians are the only group that can legally insider trade and most are taking full advantage so put the full list on display not just bias. They all deserve to be called out not just the ones that pander to your readership.

  7. Nonsense. Everyone in congress gets a free pass.

    Should Nancy pelosi get charged for that. Yes. Will she. No.

    Does the exact same shit happen with every other member of congress? Yes. Will they get charged? No. Should they get charged? Yes.

    But once again let’s just pretend it’s just mean old Nancy doing it and try to score some political points with a fucking tweet.

    Fucking spam posts.

  8. Just a little factual information — She sold the stock at the same time she sold other stock to rebalance her portfolio, and it was at a 52 week low (sold to get rid of under performing assets).

    >But from a stock-price perspective, there is little relevance to Pelosi’s actions. After all, shares are currently higher now than at any point during the selling window from Pelosi’s December sales.

    For more information – See https://investorplace.com/2023/01/nancy-pelosi-sold-off-30000-shares-of-google-googl-stock/

  10. Rich people rarely directly manage their investments. I should be easy to source the origin of the trade.

  11. Correction: Congressmen/Congresswomen get a free pass for white collar crime!

  12. I’m a a fan of Nancy but if she’s guilty I expect her to be investigated

  13. Congress should not be allowed to own stock in individual companies – but they are. Obama passed a law mandating public reporting of stock trades – but this has not been effectively enforced. Pelosi at least followed the rules in reporting her trades – but yes, the timing looks suspicious. Reports from the past year indicate over 60 senators and representatives have violated the STOCK Act’s timely reporting requirements.

  14. Can we stop, her husband is a hedge fund guy. He trades stock, Now, if you want to ban all of congress and family from trading stock, I’m agree, but few in congress will agree.

    We are saying this like no one knew the DOJ was looking at going after Google for this. It was hardly some secret that only Congress knew about. It had been rumored for months, years.

    Not mentioned was when Congress was informed about COVID and a bunch of congresspeople sold stock.

  16. a tonne of us politician do it, she isn’t even currently the best at it

  17. a. It’s not a crime Congress is exempted. If you don’t like it, vote in the Democratic primary election. Don’t bother with the GOP one, there’s nobody there who’s not crazy or corrupt or both.

    b. The DOJ lawsuit isn’t going anywhere. Our courts are packed by the Kock Brothers & the Heritage Foundation. You should be much, *much* more concerned about the lack of anti-trust enforcement due to court packing than this, but that wouldn’t let you take pot shots at a Democrat now would it?

Leave a Reply