Were Pelosi's trading on insider information?

 Newsmax:

President Donald Trump again attributed former House Speaker Nancy Pelosi's unparalleled 2024 stock market success to "inside information."

Pelosi's husband Paul Pelosi last year completed trades that outperformed the S&P 500's 25% gain by hauling in some 54% in returns, the New York Post reported, citing Bloomberg data.

Newsweek in February reported stock of a Chicago-based company developing medicine solutions using patient data, owned by Paul Pelosi, surged in value by more than double in just one month.

Trump late last month told reporters that Rep. Nancy Pelosi, D-Calif., should be investigated for insider trading. He continued his message with a Saturday night post on Truth Social.

"Crooked Nancy Pelosi, and her very 'interesting' husband, beat every Hedge Fund in 2024. In other words, these two very average 'minds' beat ALL of the Super Geniuses on Wall Street, thousands of them. It's all INSIDE iNFORMATION! Is anybody looking into this??? She is a disgusting degenerate, who Impeached me twice, on NO GROUNDS, and LOST! How are you feeling now, Nancy???" Trump posted.
...

As someone who used to prosecute securities fraud, I would have found the results of the Pelosi family investments suspicious.  It looks like an investigation is warranted.

Comments

Post a Comment

Popular posts from this blog

Vote against Democrat boondoggle 'stimulus'

James Freeman: President Obama's $825 billion (and counting) "stimulus" is steamrolling through Congress. One group of conservative Republicans is betting that it will only worsen the country's economic plight. That's where the House Republican Study Committee comes in. "No Trillion Dollar Spending Spree" is the message from this conservative caucus. Led by its new chairman, Rep. Tom Price of Georgia, the RSC now counts more than 100 House Republicans among its members. Mr. Price calls the Democrats' proposal "the non-stimulus plan" and says it "simply won't work" because it offers no market incentives to create jobs. What the plan does offer are multibillion-dollar gifts to state governments, teachers unions, and the environmental lobby, with such gems as a $6 billion program to "weatherize modest-income homes." In contrast, Mr. Price and company have drawn up their own plan, the "Economic Recovery and Middle...
Read more

Obamagate, The Movie

WND: The Irish-born filmmaking couple Phelim McAleer and Ann McElhinny are known for their film  "Gosnell,"  which exposed the seamy underside of the abortion industry by turning transcripts and evidence from the trial of the Philadelphia abortionist Kermit Gosnell into a cinematic drama. Now, in yet another effort to counter a conventional narrative with first-hand evidence, they're about to release  "Obamagate: The Movie,"  showing how the Obama administration tried to take down Donald Trump.They turned gripping testimony from the 2014 Michael Brown case into a play, called  "Ferguson."   And lately they did the same with the infamous texts of FBI agent Peter Strzok and bureau lawyer Lisa Page in  "FBI Lovebirds: Undercovers,"  starring Dean Cain and Kristy Swanson. "We would be unemployed if the media did its job," McAleer told WND in an interview. "They're not reporting spin anymore," he said of the establ...
Read more

Generous Texans

From the Houston Chronicle: Texans let Ga. family keep possessions after eBay win The Georgia family were auctioning their possession to pay for medical expenses for two disabled children. A Texas couple bit $20,000 and told them to keep their stuff.
Read more