Showing posts with label IPO. Show all posts
Showing posts with label IPO. Show all posts

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