Re:Unusual Stock Trading by Whales in US Congress
by mattferderer on Thursday April 15, 2021 @03:48PM
(#26825315)
His name comes up often enough in Finance News Headlines. He makes large transactions. Nancy's office has to file those, so they make great headlines. A quick search should give you thousands of them.
I have no position on your 2nd sentence. I agree in philosophy but acknowledge the details are complicated.
Re:Unusual Stock Trading by Whales in US Congress
by pc86 on Thursday April 15, 2021 @06:21PM
(#26826892)
Does Nancy Pelosi have influence over Tesla?
Even if you take a pretty hard-line attitude about members of Congress being prohibited from doing things like trading their own portfolios, it's hard to make a cogent argument that Paul Pelosi, who is by all measures a private citizen, should be restricted from trading specific stocks.
Re:Unusual Stock Trading by Whales in US Congress
by sweeneyrod on Thursday April 15, 2021 @07:12PM
(#26827338)
"it's hard to make a cogent argument that Paul Pelosi, who is by all measures a private citizen, should be restricted from trading specific stocks"
No it's not. If you grant that Nancy Pelosi should be treated similarly to a corporate insider, then it is pretty obvious that her spouse should be treated like an insider's would be.
I'm curious where you are reading about Paul Pelosi's stock picks. Regardless, so what? He has no business owning and/or trading shares of companies the person he shares a bed with has influence over.