A month ago I would have said this is way too stretched, now I think there is a chance you might be onto something. Good looks anon
Who is Paul Pelosi??
https:// heavy.com/news/2017/03/paul-pelosi-nancy-husband-net-worth-money-real-estate-investment-investments-age-wife-initial-public-offering-corinne-christine-jacqueline-paul-alexandra/
In 2011, 60 Minutes aired a piece detailing Paul and Nancy Pelosi’s participation in initial public offerings while having access to insider information. One example the report goes into is the fact that Nancy and Paul profited from an initial public offering from Visa at the same time regulations on the credit card industry were being considered in Congress. In total, 60 Minutes reported that Nancy and Paul participated in at least eight IPOs.
This was not illegal, as at the time, insider trading laws did not apply to members of Congress.
“… Insider trading on the stock market. If you are a member of Congress, those laws are deemed not to apply,” The Hoover Institution’s Peter Schweizer told Newsmax. “The fact is, if you sit on a healthcare committee and you know that Medicare, for example, is — is considering not reimbursing for a certain drug that’s market moving information. And if you can trade stock on — off of that information and do so legally, that’s a great profit making opportunity. And that sort of behavior goes on.”
In 2012, Congress passed the STOCK Act (Stop Trading on Congressional Knowledge), which was aimed at stopping insider trading among members of Congress. House Republicans pushed for an amendment to restrict members of Congress from receiving special access to initial public offerings, and they referred to that as the “Pelosi provision,” according to The Hill.
https:// heavy.com/news/2017/03/paul-pelosi-nancy-husband-net-worth-money-real-estate-investment-investments-age-wife-initial-public-offering-corinne-christine-jacqueline-paul-alexandra/