Paul Pelosi, House Speaker Nancy Pelosi’s husband, is one heck of a trader! He purchased about $10 million in Microsoft shares through call options on March 19th when the stock was trading at $230.35. Days later, Microsoft was awarded a contract by the U.S. Army valued at $22 billion and inked a deal to buy an artificial intelligence firm. Its stock has soared about 12% since Mr. Pelosi’s initial investment.
Now, it could be Mr. Pelosi is just a skilled investor — he owns and operates Financial Leasing Services Inc., a San Francisco-based real estate and venture capital firm, where he and his wife have amassed a personal fortune of about $114 million.............To Read More....
My Take - There are some who take exception at what must clearly be insider trading, an illegal activity that goes on all the time in my opinion. Friends tell friends! That's the way of the world, and that's not going to change.
Politics is all about mutually beneficial interconnecting relationships, and that includes insider trading, and is probably the least corrupt actions promulgated by those relationships. That's the world and it's not going to change. We also have to recognize there are crimes that will be pursued and and there are crimes that will be ignored. In this case it's all okay, because it's for Nancy!
I keep telling everyone there are no boundaries to the left, and well, there are no boundaries for the left either. Since the media, government, academia, entertainment, along with commerce and industry are now part of the Church of Wokeness, there certainly can be no questioning the actions of their High Priestess. That would be heresy. See.....clarity! Don't we feel all better now?
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