Botox-laden swamp-drainer made $100K in two days by savvy investing and blocking legislation, but mostly blocking legislation
Retail investors would love to learn former Speaker Nancy Pelosi’s investing secrets, which magically increased her net worth 62% during the worst of the financial crisis (spiking her portfolio’s value from $22 million to $35.2 million in a year’s time).
The former speaker and her husband have participated in at least eight IPOs, one of which was from Visa in 2008 – just as a troublesome piece of legislation that would have hurt credit card companies began making its way through the House. The Pelosis purchased 5,000 shares of Visa at the initial price of $44 dollars. Two days later it was trading at $64.
In 2007, Visa used an army of lobbyists to try to influence Pelosi, including one of her former advisers, Dean Aguillen… In addition to exploiting the revolving door between Congress and lobbying firms, Visa’s political action committee made a $1,000 donation to Pelosi’s re-election campaign… Two days after that donation was made, Pelosi met with Visa executives in her office. Aguillen also contributed $1,000 to Pelosi and another $1,000 to the campaign arm of the House Democratic caucusin the first half of 2008.
Dave Del Dotto could not be reached for comment at press time.
• Caller to Mark Levin Show Describes How Nancy Pelosi and her Husband Abuse Their Power to Stiff Small Business
• Gallery of Twitches: Stop-Action Photos of Nancy Pelosi as She Faces Blistering Questions
Hat tip: Ace.
This was a strategy used effectively during the 2010 mid-terms against Nancy Pelosi. Will it work against Reid? (Boston Herald)
Father who poisoned, tortured and strangled his 3 and 4-year-old children is sentenced to death as he testifies in court and to their weeping mother ‘I love my kids’
Both of these monsters are blaming each other… they both should get the death penalty. It seems obvious to me
It’s as if our liberal ruling class invaded from some totally different world — the Planet of the Degenerate Creepazoids.