novaBBS - alt.law-enforcement - Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive Tech Subsidies

Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive Tech Subsidies

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Subject: Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive Tech Subsidies
Message-ID: <20231103.155114.96c60e6f@erienetworks.net>
Injection-Date: Fri, 3 Nov 2023 19:55:01 +0000 (UTC)
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Date: Fri, 3 Nov 2023 15:51:14 -0400
From: remai...@domain.invalid (Blue Politics Criminals)
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by: Blue Politics Crimin - Fri, 3 Nov 2023 19:51 UTC

In article <uhugqv$1q13r$1@dont-email.me>
<pronoun@protonmail.com> wrote:

TOPLINE House Speaker Nancy Pelosi (D-Calif.) revealed in regulatory
filings Tuesday her husband Paul Pelosi sold millions worth of stock
in chipmaker Nvidia at a loss a day before the Senate passed a
multibillion-dollar bill aimed in part at boosting U.S. chip
manufacturing that sent Nvidia shares surging, a decision Pelosi’s
office says was to avoid further “misinformation” about the couple’s
investments.

Paul Pelosi sold 25,000 shares of Nvidia at $165.05 on Tuesday,
worth $4.1 million, according to the filing.

Pelosi lost $341,365 in the transaction, according to the filing.

Pelosi missed out on a sizable payday, as Nvidia shares have since
jumped 7.8% to $177.90.

The sale comes a month after a June 17 filing revealed Pelosi
exercised call options to buy 20,000 Nvidia shares, purchasing the
options as well as 5,000 shares outright last summer.

Pelosi’s Nvidia trades received widespread criticism, despite Pelosi
buying the options a year earlier and exercising them on the date of
their expiration.

CHIEF CRITIC
Sen. Josh Hawley (R-Mo.) called last week for a hearing to crack
down on alleged insider trading from lawmakers and their families,
citing the Pelosi and Nvidia deal. “Speaker Pelosi and her husband
remain undeterred from cashing in,” Hawley wrote in a letter to the
head of the Senate Homeland Security and Governmental Affairs
Committee, Sen. Gary Peters (D-Mich.).

TANGENT

https://www.forbes.com/sites/dereksaul/2022/07/27/pelosi-unloads-
millions-in-nvidia-stock-at-a-loss-before-senate-passes-massive-
tech-subsidies/?sh=20e4108655f3

Subject	Author
Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive T	Blue Politics Criminals

When a camel flies, no one laughs if it doesn't get very far!

interests / alt.law-enforcement / Pelosi Unloads Millions In Nvidia Stock At A Loss Before Senate Passes Massive Tech Subsidies