Sunday, December 11, 2011

Pelosi Made Biggest Killing Off Insider Trade

Nancy Pelosi and her husband doubled their stock investment on a highly sought after Visa IPO in a matter of only weeks, according to Peter Schweizer.“She and her husband were given access to low price, pre-IPO shares of stock — 5,000 shares that they were able to buy for $44 apiece and then they were able to see that value go up by 50 percent in one day, and then more than double in value within a couple of weeks,” he says, adding that the deal took place during Pelosi’s reign as Speaker.


http://www.newsmax.com/Headline/Author-Schweizer-Pelosi-IPO/2011/12/10/id/420538

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