Is Nancy Pelosi in trouble?

boatman37

boatman37

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So as I have said before, Nancy Pelosi has made millions each year from trading options and it has been questioned as to the timing and subject of these options. She has repeatedly bought TSLA calls right before large announcements are made where the stock jumps 10-20%. Apparently this is being looked into and she isn't the only one doing this.

https://seekingalpha.com/news/37984...=seeking_alpha&utm_term=wall_street_breakfast
 
boatman37 said:
So as I have said before, Nancy Pelosi has made millions each year from trading options and it has been questioned as to the timing and subject of these options. She has repeatedly bought TSLA calls right before large announcements are made where the stock jumps 10-20%. Apparently this is being looked into and she isn't the only one doing this.

https://seekingalpha.com/news/3798459-pelosi-drops-opposition-to-ban-on-congressional-stock-trading?lctg=60c1dd702b40fa1032fefe1e&mailingid=26661346&messageid=wall_street_breakfast&serial=26661346.533042&userid=19059411&utm_campaign=WSB 2_10_22&utm_medium=email&utm_source=seeking_alpha&utm_term=wall_street_breakfast
Click to expand...
Nah… If she gets in trouble, they all will. Heck, our previous President not only has a mansion on the beach at Martha’s Vineyard, he’s building another in HI. I didn’t realize Presidential pay was that much. Oh, it must have been from crappy book sales ( laundering).
These guys create approximately 65k pages of new laws per year and in doing so invest in companies that the laws benefit or hedge against the ones that don’t. They’ll use family members for instance as the primary investor so they can say their not involved. This is why we have senators who are multi-millionaires.
 
I posted this today cause I just heard of another stock 'guru' that has been arrested for manipulating markets. Marc Melnick from T3. I used to be a member of T3 but didn't really have much interaction with Marc. But this is the 3rd or 4th one I have heard about in the last month or so so seems they are cracking down
 
https://www.thestreet.com/investing/mccaul-tops-congress-stock-trading

Something should be done about this. I’m not sure that stopping them from trading is the answer. They have money, just like many here, so they should be allowed to invest it. If we stop them from investing in stocks, then it will be real estate and suddenly all of the new laws would favor real estate investment. I think a real time tracker of their trades would be better.
 
The blind trust as a fiduciary is an interesting proposal or index funds while in office. And frankly with the regulation for normal people and investing would probably be a good approach that is comparable to the normal investor saving in a 401k.
 
I laugh at myself every day when I think something I do moves the market. The market moves after hours, and by an elite few who have the means and know how to move it.
 
skolbe said:
The blind trust as a fiduciary is an interesting proposal or index funds while in office. And frankly with the regulation for normal people and investing would probably be a good approach that is comparable to the normal investor saving in a 401k.
Click to expand...
Forced investment in a US Company based index fund.
 
Their timing seems to be one of the issues, maybe limit them to long term trading, and not options or short term trades.
 
boatman37 said:
So as I have said before, Nancy Pelosi has made millions each year from trading options and it has been questioned as to the timing and subject of these options. She has repeatedly bought TSLA calls right before large announcements are made where the stock jumps 10-20%. Apparently this is being looked into and she isn't the only one doing this.

https://seekingalpha.com/news/3798459-pelosi-drops-opposition-to-ban-on-congressional-stock-trading?lctg=60c1dd702b40fa1032fefe1e&mailingid=26661346&messageid=wall_street_breakfast&serial=26661346.533042&userid=19059411&utm_campaign=WSB 2_10_22&utm_medium=email&utm_source=seeking_alpha&utm_term=wall_street_breakfast
Click to expand...
"Pelosi is moving to limit stock trading on Capitol Hill..." What better way to deflect suspicion than to champion the cause against the very thing you've been accused of? It's not real-time, but you can research 'most any Congressman or Senator at https://app.capitoltrades.com/trades?page=1&pageSize=20
 
The thing is, she is saying it needs to be for all three branches of the government. She knows it will not get passed if it's that inclusive so she can look like she's trying to pass something, so she looks good without there being a chance in hell that she has to quit what she's been doing for all her time in congress.
 
Halfhitch said:
The thing is, she is saying it needs to be for all three branches of the government. She knows it will not get passed if it's that inclusive so she can look like she's trying to pass something, so she looks good without there being a chance in hell that she has to quit what she's been doing for all her time in congress.
Click to expand...
Also look at the list I posted. She’s not even in the top five. She knows this isn’t going anywhere.
 
The problem isn't front-running, even Nancy Pelosi doesn't have enough money to move TSLA or DIS but rather the issue is 'insider trading'. Being a policy maker and knowing in advance news that can drastically affect markets then trading of of that is illegal.
 
They may pass some trivial legislation to make it look like congressmen are more limited and then sacrifice a junior or troublemaking member now and then for a trading violation. Like what happened to Martha Stewart. Every once in a while someone of note needs to be prosecuted so the populous thinks that the system works. It’s all a sham and always will be.
CD
 
I haven't heard Martha ever bitch about that small stint , has anyone?
 
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