• [No ethics...] Nancy Pelosi's Husband Bought Stock Options in Apple, Te

    From Leroy N. Soetoro@1:229/2 to All on Tuesday, January 26, 2021 01:37:20
    XPost: alt.politics.media, alt.politics.clinton, sac.politics
    XPost: alt.politics.socialism.democratic, alt.fan.rush-limbaugh, alt.politics.economics
    From: democrat-criminals@mail.house.gov

    https://www.barrons.com/articles/nancy-pelosi-husband-bought-apple-tesla- disney-stock-options-51611496598

    House Speaker Nancy Pelosi recently disclosed securities transactions made
    in December by her husband Paul Pelosi, a businessman and private
    investor.

    Paul Pelosi bought stock options in Apple (ticker: AAPL), Tesla (TSLA),
    and Walt Disney (DIS), and purchased shares of AllianceBernstein Holding
    (AB), all on Dec. 22. Speaker Pelosi disclosed the transactions in a form
    she filed last week with the Clerk of the House of Representatives.

    Paul Pelosi and Speaker Pelosi�s office didn�t respond to requests for
    comment on the transactions.

    Private investors conventionally aren�t obligated to disclose securities trades, but public officials, their spouses, and dependent children must
    report financial transactions valued at more than $1,000, typically within
    30 days.

    Paul Pelosi bought 100 call options for Apple stock. A call option allows
    an investor to purchase shares at a predetermined price and for a set
    amount of time. Typically, one options contract covers 100 shares. The
    strike price�the purchase price per share�on the options he bought is
    $100, and the options expire on Jan. 21, 2022. He paid a total of between $250,001 and $500,000 for the Apple call options. Specific values aren�t required for disclosure, only ranges.

    Paul Pelosi bought 25 call options for shares of electric-vehicle giant
    Tesla with a strike price of $500 and an expiration date of March 18,
    2022. He paid a total of between $500,001 and $1 million for the Tesla
    stock options.

    He bought 100 call options for Disney stock with a strike price of $100
    and an expiration date of Jan. 21, 2022. He paid between $500,001 and $1 million for the Disney stock options.

    Paul Pelosi paid $500,001 to $1 million for 20,000 shares of global
    investment firm AllianceBernstein. The day that he bought
    AllianceBernstein stock it traded between a low of $33.14and a high of
    $33.66, before closing at $33.37.

    Inside Scoop is a regular Barron�s feature covering stock transactions by corporate executives and board members�so-called insiders�as well as large shareholders, politicians, and other prominent figures. Due to their
    insider status, these investors are required to disclose stock trades with
    the Securities and Exchange Commission or other regulatory groups.

    Comments:

    Carmen McDilley
    1 day ago

    The problem I see is that he has inside information about what legislation
    will be passed - such as subsidies for EVs under the Biden Administration
    as just one example - and invest accordingly now. How is this ethical?

    Reply

    157

    15

    CHRIS Moise
    Carmen McDilley
    20 hours ago

    Not sure what rules are in place to limit inside trading by spouses, but
    having inside info on what legislation would be passed does not appear to
    be an advantage. In today's political climate, even if a bill is under discussion or being considered, who knows the chances of it being passed, particularly subsidies for EVs. Plus most of this info is public
    knowledge. Key question is whether he has info that has been presented to
    his wife in a confidential manner like what happened at the start of the pandemic with members in Congress trading on info from a closed meeting.
    This type of trading should be prosecuted.

    Reply

    13

    4

    Alex Gentile
    Carmen McDilley
    1 day ago

    It's back to business as usual in Washington.

    Reply

    40

    7

    C J
    Carmen McDilley
    1 day ago

    She has never been ethical

    Reply

    69

    14

    William Delaney
    C J
    13 hours ago

    Nancy is power hungry and cares little about regulations or the American people. She holds Joe Biden in the palm of here hand. Steve Kroft from "60 Minutes" tried to ask here some questions about her stock dealings on TV
    and she almost bust in anger. I applauded his efforts. She is a true
    danger to the "people" of America. Give Central America and Pakistan
    billions of dollars and give hardly anything to the American people and
    small business owners.


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  • From Siri Cruise@1:229/2 to Leroy N. Soetoro on Monday, January 25, 2021 18:11:21
    XPost: alt.politics.media, alt.politics.clinton, alt.politics.socialism.democratic
    XPost: alt.fan.rush-limbaugh, alt.politics.economics
    From: chine.bleu@yahoo.com

    In article <lnsACBDB34473B4A6F089P2473@202.81.252.44>,
    "Leroy N. Soetoro" <democrat-criminals@mail.house.gov> wrote:

    House Speaker Nancy Pelosi recently disclosed securities transactions made
    in December by her husband Paul Pelosi, a businessman and private
    investor.

    And? Unless Nancy Pelosi has access to relevant information not
    known to the public, this is nothing.

    These kind of records are kept for future use. We don't yet know
    what she knows. She might know nothing rest of us also don't
    know, so no insider trading. Or it might be revealed in the
    future she now has insider information.

    We won't know for some time to come. So for now, nothing. Well,
    nothing except you're defaming her without evidence, monkey boy.

    And you're still a hypocrite.

    Other people than legislators file these kinds of statements. Not
    because they're breaking any law as far as we know at the current
    time. But if in the future they are revealed as having insider
    information, that can be compared to such statements to decide in
    the future whether to prosecute.

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