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).

CBS News explains how the Botox-laden, swamp-draining, small business-stiffing Pelosi made her millions:

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.

this stock purchase was made as Visa was engaged in a full-court press to lobby Pelosi to stop legislation to curb credit-card swipe fees to vendors.

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.

Related:

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.

Also see...

Related Articles

2

Who’s Offering Economic Solutions?

FacebookTwitterEmail Given America’s growing national debt, now in excess of $15 trillion: http://www.usdebtclock.org/ A per capita government debt that’s worse

5

Illegal Caught as Human Trafficker Released By Obama Administration

FacebookTwitterEmail So, now Obama is even releasing without any penalty criminal coyotes caught bringing illegals into this country. Coyotes are

29

Governor Nixon Explains Why the National Guard Was Not Sent to Ferguson: We Didn’t Want a Kent State [Video]

FacebookTwitterEmail Utter and total bull crap. Nixon had the Guard stand down because he had Valerie Jarrett whispering in his

Share This

Share this post with your friends!