President Joe Biden Message Board

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Politics : President Joe Biden

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From: Thomas M.	9/25/2024 7:07:21 PM
	1 Recommendation Recommended By longz Read Replies (1) of 12172

Lucky Timing: Nancy Pelosi's Husband Dumps $500k In Visa Stock Months Before Federal Antitrust Charges Today in 'total coincidences' news, the world's most gifted stock-picking family, the Pelosis, appear to have done it again, selling hundreds of thousands of dollars in Visa stock with what can only be described as timing that is beyond prescient. Paul Pelosi sold more than $500,000 in Visa stock less than 3 months before the company was hit with federal antitrust charges. The Post reported that on Tuesday, Visa faced a lawsuit accusing the company of illegally monopolizing the debit card market. The suit follows an extensive investigation by the Justice Department’s antitrust division, spanning several years. As of the time of this writing, Visa stock was down about 6.5% over the last 5 day period. Pelosi has a net worth in the hundreds of millions, largely from her and her husband's investments. She has consistently opposed bipartisan efforts to ban stock trading by lawmakers and their spouses due to potential conflicts of interest. zerohedge.com Tom

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