r/wallstreetbets 9d ago All-Seeing Upvote 5 Burning Cash 1 'MURICA 1

Pelosi strikes again Loss

46.6k Upvotes

u/VisualMod Turing Test Proctor 9d ago
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u/Whaleoilbefuked 9d ago Helpful Starstruck Burning Cash Table Slap I'll Drink to That

Ladies and gentlemen, I am officially running for Congress. If you vote for me, I will share inside information on companies the government does and doesn’t do business with so we all can make money!

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u/TheCryptokenKeeper 9d ago

You son of a bitch, I’m in 👍🏼

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u/ZombieMountainLion 9d ago

Woahhhh should I be reading that in the old voice? Cause I hear it in my head and I feel like I’m about to get cancelled. I need to know which new voice to hear it in after the redub

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u/rob132 9d ago

All his voices will be subtitled from now on. There will be an in universe explanation for it

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u/justwalkingalonghere 9d ago

Heard an AI do a pretty good Rick the other day, seems like that could work out okay

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u/MLXIII 9d ago

"Quick in and out in the market today!"

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u/justwalkingalonghere 9d ago

Do you know what it’s called? I’d love to link it in my comment

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u/LostInUranus 9d ago

Oooooo I like that idea!

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u/Agnostic_Karma 9d ago

He's gonna write some great stuff in prison.

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u/[deleted] 9d ago

[deleted]

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u/wonkwonk2stonkstonk 9d ago

Id vote for you because youre walking. All these people running around all the time, never slow down to see what its all about

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u/y0MAC 9d ago

I'm offended you called me a people. I'm a cat 🐈

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u/Ok-Truth-7589 9d ago

I'm with this cat, but im a pterodactyl......cats rule!

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u/VEGASx3055 9d ago

I’m mostly Cat but instead of meowing I make pterodactyl noises. The three of us makes a party.

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u/Still_Weakness_5947 9d ago

Walking!! How dare you be so offensive to the walkingly challenged

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u/Belphegor_tsd 9d ago

Rick&Morty got redubbed? :D

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u/AlarmingAd6390 9d ago

I read it with a thick British accent.

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u/solidrow 9d ago

The voice that your comment sounded like in my mind is now the "redditor."

Inb4 seething comments from people without internal monologues.

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u/ZeusHaggisCabbage 9d ago

blow me. nono please blow me

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u/Good-Tear2785 9d ago

You son of a bitch, im in 👍

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u/EarthenEyes 9d ago

This shit pisses me off. I don't know much about investing, but fucking politicians making bank while the rest of us are barely getting by

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u/MrTrendizzle 9d ago

You can't share inside info BUT you can post your share transaction history with the world in real time using a bot on Twitter.

If i see a notification pop up saying you just bought $10 of $TSLA i'm buying $5 of $TSLA the same day.

So you can count on my vote.

Please giv badge?

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u/Doesanybodylikestuff 9d ago

Mr. Trendizzle I like the way you sizzle.

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u/fAP6rSHdkd 9d ago

Ty for correcting him, the reason why they have insider information is that they have access to clarified documents before they're made public. Running on a platform of "I'll publicly share classified information" is incredibly dumb and would end in jail time very very quickly.

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u/milkcarton232 9d ago

What if you only shared lists of companies the gov isn't working with

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u/AustinFotoger 9d ago

Just start an ETF and we all can prosper.

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u/Whaleoilbefuked 9d ago

Triple leveraged for maximum gains :4271:

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u/Unfair_Whereas_7369 9d ago

Somebody get this man a campaign sign.

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u/yorelsenrab 9d ago

Voted for you yesterday bud

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u/StuartMcNight 9d ago Take My Energy I'll Drink to That

Do you mean sharing the “inside information” that was on MSM 7 months ago?

https://www.bloomberg.com/news/articles/2022-08-09/doj-poised-to-sue-google-over-ad-market-as-soon-as-september

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u/RedTruck1989 9d ago I'll Drink to That

She certainly didn't get to $100+ million by her Congressional salary alone....

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u/Caleb_Reynolds 9d ago

There's still the problem of news like that showing up constantly and not always being accurate. So you'd have to check Congress' hit rate vs the news'.

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u/1skepticalguy 9d ago

Don't worry, I'm sure everyone will skip over this obvious fact.

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u/RattBaby 9d ago

Whew. Thank goodness.

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u/BreezyWrigley 9d ago

the insider info is the ability to judge the timing and know what's real and what's just a rumor or vague possibility down the line.

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u/AshFromTheStands 9d ago

This is what the people who think Pelosi was doing nothing wrong can’t quite comprehend.

Those who make the laws shouldn’t be allowed to have any gain as a result of those laws. All stock ownership must be divested before and during term of service. Period.

The Pelosi’s don’t always have “inside information”, but they could dictate a decision that effects their own wealth, because of her position.

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u/jdmulloy 9d ago

I think they should only have broad market index or mutual funds. I'm fine with them being invested, but not being able to front run changes that affect specific companies or industries.

The counterpoint to making politicians not be in the market at all is the Fed which is no longer allowed to have any investments, and since they have no skin in the game they don't care if raising rates causes mass unemployment and hammers the market if it reduces inflation.

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u/WTFaulknerinCA 9d ago

Exactly. This sub has become too quick to meme / blame the left. Let’s remember which administration canceled Dodd/Frank and enabled the “big short.”

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u/[deleted] 9d ago Starry

[deleted]

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u/DizzySignificance491 9d ago

No war but class war, as they say

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u/bestfrenplank 9d ago

War is very real. Its what you do to kill off the poors while killing other poors you don't like.

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u/-AC- 9d ago

But she had the exact time

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u/Weenoman123 9d ago

Ignore the peeps who have actually been busted insider trading, to own the libs

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u/Weary-Feedback8582 9d ago

That was the last lawsuit, this new one won’t go to court til 2024

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u/PutridLight 9d ago

You don’t understand how trading stocks works…..do you….

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u/Lucky-Telephone7880 9d ago

Make us regards proud.

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u/Hax_Meadroom 9d ago

Can’t be busted for insider trading if everyone’s an insider!

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u/yessschef 9d ago

If you vote for me, I'm hot.

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u/No-Cranberry9932 9d ago

If? I’m confused.

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u/junkwatch 9d ago

you got my vote!

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u/SuspendedResolution 9d ago

What state are you running out of? This is probably a better option than my current rep.

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u/bluemasonjar 9d ago

Lmk when you need a chief of staff.

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u/zombietampons 9d ago

Ditto, You got my vote, Make America a Whale Again.

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u/mikeandco 9d ago

Why did I read this in JFK's voice?

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u/fourth_box 9d ago

I'm in, let put you on the ballet

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u/PotentialCrazy1 9d ago

Random person in reddit for congress... Sure! You're over qualifed.

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u/leli_manning 9d ago

Greatest trader of all time

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u/General_Asleep 9d ago

Wasn't her 2022 performance -22% lol. She is WSB material.

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u/jimbobcooter101 9d ago

-22% last year is WINNING! Most everyone got a reacharound without lube.

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u/0knoi8datShit 9d ago

Wait a minute, y’all got a complimentary reacharound.😡😡😡

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u/OlOuddinHead 9d ago

Without lube in this case meant the container was out of lube and just smashed the container in to your junk over and over.

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u/JamesXXI 9d ago

You sound ungrateful!

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u/Doesure 9d ago

I stayed all cash for 2022 & everyone called me crazy. My 0.025% interest gains are laughing now!

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u/Akio_Kizu 9d ago

I actually get 2.11% annually on an account that pays the interest daily

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u/jeaguilar 9d ago

So you lost money too?

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u/Doesure 9d ago

Teach me Sensei

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u/MazterPK 9d ago

Same brother. We are the best of the regards.

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u/[deleted] 9d ago

https://preview.redd.it/10czagc0waea1.jpeg?width=1284&format=pjpg&auto=webp&v=enabled&s=413727f0cb47eec72f5dc2c550c0b95e5bb8d19f

Wrong. I ended positive for 2022. I am one of the smartest humans on the planet earth. Everyone is saying it.

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u/BeyoncesmiddIefinger 9d ago

And yet still got beat by inflation lol

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u/RussianStrikes 9d ago

you beat the market by a lot tbf

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u/Clutch3131 Exports > imports. It’s very simple buddy. 9d ago

Dudes account is nearly all cash. Not hard to beat a losing market when you don’t do anything

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u/babypho 9d ago

Doesnt that last sentence of yours cover like 99% of wsb though? Pretty sure the 5 year avg of someone with their money in chase savings would beat your avg wsb account.

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u/Arcc14 9d ago

Weaklings

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u/Prolly-wrong 9d ago

Can confirm, I still can’t walk right but the wife and her boyfriend are just fine.

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u/Epena501 9d ago

You guys got a reacharound?

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u/NEWSmodsareTwats 9d ago

I'm pretty sure her husband actually unperformed the S&P 500 by a few % in 2021

Idk I find it funny that a trader supposedly fueled by the top quality insider information performed worse than a passive index.

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u/cadium 9d ago

She's a lightning rod for these sorts of attacks. Several other members have done better in the market than her but we never hear about them.

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u/General_Asleep 9d ago

I am not sure about 2021, but if I remember right they did insanely well in 2020 lol. To be fair, they literally just were permabull in big tech haha.

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u/Far_Confusion_2178 9d ago

I mean I feel like most people who invested anything in 2020 did pretty well. Everything was pretty much up up and away after March

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u/uCodeSherpa 9d ago

Anyone that had tech investments (of which she had plenty) did well in 2020.

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u/faste30 9d ago

LOL yeah like everyone jerking off to her husband selling off like 4 million in stock but nobody mentions that he took a bath on that sale.

And here we are saying she managed to know the DoJs (executive) plan a month ahead of time?

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u/GTthrowaway27 9d ago

Omg she sold stock in a literal FAANG company as tech is getting walloped clearly insider trading yall

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u/ever-right 9d ago

She's not even top 5 in Congress rofl.

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u/darkflash26 9d ago

Google is up like 10% in last month

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u/thePolicy0fTruth 9d ago

Exactly- she would have done better holding it, unless it was just part of market rebalancing/she may have sold it for tax loss harvesting. The media has been covering the upcoming anti trust suit for MONTHS. This wasn’t a secret.

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u/sadmilkman 9d ago

Not even the best in congress

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u/Frnklfrwsr 9d ago

12/20 GOOGL closed at 89.02. On 12/21 and 12/28 the other two days she traded it closed at 89.58 and 86.02 respectively.

Today it closed at 95.22.

  1. I don’t think the DOJ would ever leak this info to anyone in Congress

  2. Even if they did, Pelosi clearly didn’t profit off of it, she lost money on it lol

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u/philomatic 9d ago

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u/chiefcrunch 9d ago

That article is 2021. She wasn't the top 10 in 2022 either, but more dems made it this time.

https://www.benzinga.com/government/23/01/30260466/10-best-stock-traders-in-congress-in-2022-spoiler-nancy-pelosi-isnt-no-1

Rep. Patrick Fallon, (R-Texas): +51.6%
Rep. Debbie Schultz, (D-Fla.): +50.8%
Rep. Susie Lee, (D-Nev.): +21.4%
Rep. David Joyce (R-Ohio): +13.6%
Sen. Gary Peters (D-Mich.): +11.7%
Rep. William Keating (D-Mass.): +9.6%
Rep. Lloyd Doggett (D-Texas): +8.9%
Rep Michael Guest (R-Miss.): +8.9%
Rep. Debbie Dingell (D-Mich.): +7.1%
Rep. Mark Green (R-Tenn.): +6.5%

Rep Nancy Pelosi (D-Cali): -19.8%

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u/philomatic 9d ago

Wow so she’s not even close to top ten in 2022. MTG who talks a lot of shit about Pelosi insider trading coming in at 12th.

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u/bbrown3979 9d ago

To be fair taking a HELOC loan on a double wide only gives you so much to work with

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u/KyivComrade 9d ago

Shhh don't question the narrative. Someone paid good money to make this meme happen...they'll be upset if people start thinking for themselves.

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u/karth 9d ago

The price of google has gone up 10$ since they sold. And the news about the suit hasn't hurt google in any notable way

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u/qqeyes 9d ago

almost as if everyone knew this was coming, like the doj announced it seven months ago or something

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u/PelosisBraStrap 9d ago Gold Platinum Take My Energy Starry Lawyer Up

I mean, it was in the works as far back as August. Anyone could dump shares between then and now.

https://www.bloomberg.com/news/articles/2022-08-09/doj-poised-to-sue-google-over-ad-market-as-soon-as-september#xj4y7vzkg

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u/BeyondTimberdome 9d ago edited 9d ago

If these kids could read, they'd be very upset

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u/cougrrr 9d ago

It's funny because 54% of American adults read below a 6th grade level (Literacy Class 3). Multiple states have a reading illiteracy rate at near complete (Level 1) over 25% for adults.

The war on education has been raging for a while and it's starting to pay off.

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u/spudzilla 9d ago

Even if they could, they wouldn't. Reading is hard.

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u/BeyondTimberdome 9d ago

the news = inside information

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u/bl1y 9d ago

Literally every single one of these stories about Pelosi is like that.

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u/Jump_Yossarian_ 9d ago

My favorite is when they claim that Pelosi bought NVIDIA stock based on insider info even though it was a call option (bought in June) and both the House and Senate passed their initial chips subsidy bills in February and March and it was public knowledge that the two chambers had started negotiating their differences in April.

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u/anifail 9d ago

I thought it was LEAPS that they were loss harvesting. The position definitely didn't make money and CHIPS doesn't benefit NVDA as much as IDMs like INTC and other fab suppliers. NVDA can write off some of it's validation footprint, but they don't manufacture chips or much board volume.

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u/Jump_Yossarian_ 9d ago

200 call options (20,000 shares) expiring 6/17/22

https://disclosures-clerk.house.gov/public_disc/ptr-pdfs/2022/20021374.pdf

NVDA actually opposed the bill because they didn't get any of that sweet sweet monies.

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u/cold-corn-dog 9d ago Starry

I'm sure she's using some info, but this one is just too stupid.

Also, can we get of this Pelosi circle jerk? She's not even in the top 5 best traders in Congress right now. Let's name the real names. Here's your top 6:

  1. Austin Scott (Republican), Georgia

  2. Brian Mast (Republican), Florida

  3. French Hill (Republican), Arkansas

  4. John Curtis (Republican), Utah

  5. Dan Crenshaw (Republican), Texas

  6. Nancy Pelosi (Democrat), California

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u/Anna_Namoose 9d ago

That's the 2021 list. 2022 was 6 Dems, 4 republican and no pelosi in the positive column. She was like -19%

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u/geoff1210 9d ago

One of us

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u/[deleted] 9d ago edited 9d ago

[removed] — view removed comment

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u/CarrionComfort 9d ago edited 9d ago

Pelosi is a female Democrat. This is just latching on to a years-long Republican bandwaggn. These people are idiots with a hard-on for being manipulated. They’re not far off from the Fox News audience.

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u/jawknee530i 9d ago

They just hate her cuz they're told to. She's not even top ten in returns among congresspeople.

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u/Regular_Guybot 9d ago

It was the title of a reddit post it has to be true

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u/Stock-Pension1803 9d ago

The stock price was lower a month ago too

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u/laviboeme 9d ago

Username checks out

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u/PelosisBraStrap 9d ago

I've got the inside info on $JUGS

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u/dcrico20 9d ago

So she sold it right before it went up almost 10%.

Winning.

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u/Scary_Top 9d ago

One of us.

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u/CuddlyFox20 9d ago

Call me a smash bro and let me play

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u/AdPrimary9514 9d ago

That should be illegal.

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u/mpoozd 9d ago edited 9d ago

Funny thing there's a bill to ban congress from insider trading but first it should be passed by the congress :4271:

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u/DeathHopper 9d ago

Didn't they literally name it after her too?

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u/Emelica 9d ago

It's the "Preventing Elected Leaders from Owning Securities and Investments (PELOSI) Act" by Sen. Hawley.

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u/clc1997 9d ago

If that were to pass (it never will) I suspect the kids and elderly parents of Congressmen and Senators will suddenly become amazing trading wizards.

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u/future_weasley 9d ago

If I remember right, it prevented all direct family of congresspeople from trading in securities.

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u/valeramaniuk 9d ago

I wonder how is it possible?

Can we discriminate against a person because of their relatives?

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u/kimolas 9d ago

Yes, we do this to some extent with certain traders in the finance industry already.

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u/dstaff21 9d ago

It's not a novel idea, I know a guy who can't trade individual stocks because his wife is a bankruptcy lawyer. It's honestly absurd that it isn't already a rule

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u/future_weasley 9d ago

Sure we can. When you apply for a security clearance the government asks for a ton of information about your family. Where you've lived, where your family has lived, relations by marriage, nationality of each person, your ancestry, etc. I can't imagine this would need to be that different.

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u/shambahambala 9d ago

It's mostly a sham bill for headlines, IIRC it's got a shit ton of riders that make it impossible to ever get support, but it puts Hawley and Pelosi in the headlines, in the way he wants to be.

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u/SmugMacGyver 9d ago

Hawley is a shit bird. Read all the fine print. It’ll have tons of tack ons that only are things the GOP wants so when it’s struck down by Dems they can hoot and holler about how the Democrats are the real enemy.

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u/slash2213 9d ago

And it’s not like republicans aren’t doing the exact same thing. Look at McConnels Net worth since he came to office.

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u/OsamaBinFappin 9d ago

Very common practice in congress. They’ll name a bill the “stop raping babies act” because it sounds good but 99% of the bill is unrelated surveillance on citizens and funding for Ukraine

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u/MoarTacos 9d ago

God it really annoys me that congress has to give every bill a ridiculous acronym. It feels like the country is run by high schoolers.

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u/zakabog 9d ago

It feels like the country is run by high schoolers.

You think it isn't?

Very few people holding political office got there because they worked hard and did well in school, it's all affiliation and money.

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u/fromcj 9d ago edited 9d ago

Hawley and the rest of them are fucking scumbags and we’d all be better off without them in the government.

But that name is fucking hilarious

E: guys I know it won’t pass, I’m not a fucking dunce

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u/Fantisimo 9d ago

It’s to get attention, not pass

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u/Aarschotdachaubucha 9d ago

They did that because it's the second bill they're trying to pass. After the Democrats strong armed her into a vote on the first one, she killed it in committee to avoid a vote.

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u/philomatic 9d ago

That’s just a Hawley virtue signaling.

There was a previous bipartisan bill that banned congress from trading stocks that Hawley voted against…

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u/Shibby-Pibby 9d ago

It's just virtue signaling

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u/jojofroyo 430 - 6 - 3 years - 0/0 9d ago

One Republican senator introduced a new bill with that name.

The bipartisan bill introduced last session and was reintroduced before this one was announced.

Neither are expected to pass due to lack of support by republicans in the senate.

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u/SockMonkey1128 9d ago Take My Energy

You know the plans to sue them have been in the news for like 7 months... right?

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u/CapableCollar 9d ago

Do you expect WSB users to read the news?

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u/LoganRoyKent 9d ago

And yet the top comment on this thread (at the moment): 1.4k upvotes. The one explaining how this wasn’t insider trading given it’s been publicly available info for 7 months: 17. Not 17k. 17.

I hate the fucking internet sometimes.

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u/Oxajm 9d ago

Google is up since she sold.

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u/spudzilla 9d ago

Trading stocks based on public information from six months ago? Why? That's exactly how I do it. https://www.bloomberg.com/news/articles/2022-08-09/doj-poised-to-sue-google-over-ad-market-as-soon-as-september

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u/userisntalreadytaken 9d ago

It would be if it was true...this was known and public information.

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u/Ethiconjnj 9d ago

Y’all really need to stop letting memes piss you off

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u/StuartMcNight 9d ago

Isn’t google like just… flat over a 3 months period? Even after the news broke? What’s ilegal about losing money as she did?

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u/Frnklfrwsr 9d ago

It’s up 7% since she sold on 12/20 lol

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u/whatever_yo 9d ago

Nothing. This is just popular propaganda. She wasn't even in the Top 5 in 2021 of those in Congress. Didn't even make Top 10 in 2022.

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u/Noman11111 9d ago

Sold 4 weeks ago... since then Google (Alphabet) is up 8.75%... so... oops?

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u/ToroidalEarthTheory 9d ago

Every one of these fucking posts is like this. Can we ban this shit? It obviously has nothing to do with the market.

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u/Noman11111 9d ago

True, but if this is your proof it fucks up the argument because her sale aligned with the layoff announcement, not the DOJ, so claiming it's congressional insider trading is easily disproven and can unintentionally cast doubts on other evidence presented.

I'm just telling people to keep their story straight and don't fuck it up with bullshit like this

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u/HelloJoeyJoeJoe 9d ago

I would love to fight corruption on all counts but the fact so many people here love to suck Trump's cock while demonizing Pelosi makes me realize how truly stupid they are. But I do realize what sub this is

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u/weII_then 9d ago

Shhh OP can’t generate outrage and karma if you point this stuff out!

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u/Minusfourtwenty 9d ago

Honestly, the problem isn't whether or not her insider trading is working out, it's whether or not she's attempting it. If she or her family have holding in these companies, it gives a conflict of interest when making legislation.

That being said, it's not like I'd approve of her legislation any more if she wasn't corrupt so it's kind of a moot point.

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u/Stock-Pension1803 9d ago

Damn she only insider traded 4 months after it was announced outside.

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u/bankrobba 9d ago

Who's got time to read the news or research investments? That's what the top of WSB is for.

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u/Jump_Yossarian_ 9d ago

the problem isn't whether or not her insider trading is working out, it's whether or not she's attempting it

You think Pelosi has a hotline to the Executive Branch DOJ? They run everything through her?

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u/MarlinMr 9d ago

No, but they did say this publicly 6 months ago.

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u/Veggiemon Two pump chump 9d ago

Wsb sees publicly available information iS tHiS iNsIdEr TrAdInG

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u/uCodeSherpa 9d ago

If she does it’s a shitty one considering this was public knowledge months ago.

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u/hiphopanonymouz 9d ago

Lmfao “attempted insider trading” is one of the dumbest fucking things I have ever heard

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u/fatbunyip 9d ago

Pick a month and there's like an 80% chance Google got sued in the previous month by the US govt, the EU, some class action or a state.

If this is the type of well.regarded research you put in your trades it's no wonder you're getting outperformed in tech investments by an octogenarian.

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u/jayyyysus 9d ago

Shhhh! Only Nancy knows about the unheard of company that goes by the name of Google! /s

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u/SlimReaper8686 9d ago

people were aware of this over a year ago. the new head of doj antitrust was just waiting for clearance from professional conflicts. this news wasn’t market moving

wsb can be funny but also cringe as fuck. like this.

peak cringe that i’ll never forget for a million years though is still wsb idiots talking like economic justice revolutionaries while giving AMC management and silver lake all their money

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u/sandwichcandy 9d ago

It’s even funnier that people didn’t cut and run after they announced executive bonuses so quickly.

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u/cannon85 9d ago

Turns out most of the idiots here are just conservatives that love to bash anything on the left. They don’t actually give a fuck about this being pretty well known info. They just want to bash anyone on the left and the old frail lady is an easy target.

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u/LowIQCapologist 9d ago

What kind of maniac isn't trading options when they have insider info like. Women could be worth billions instead of a few hundred million. - Sad

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u/Unfair_Whereas_7369 9d ago

Don't get me wrong, Pelosi is the champion here for insider trading. fuck her and her husband for it. But if you look at all of congress, both sides, you'll see that every one of them are doing this. If not every one of them, its the vast majority.

Left wing, right wing.... both belong to the same bird. Fuck em all.

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u/Next_Fix_2271 9d ago

How have I never heard that line before, "same bird," makes sense though, they're either fearnongering, pandering, or smiling and pretending to be your friend during the election cycle to get your votes, then you don't usually hear from them again until the next one, in the form of ridiculous spammy donation request emails, fuck em all, indeed

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u/The_last_of_the_true 9d ago

Are you young? It’s kind of an older saying. I remember it being big in the 90’s when I was a teen but it kinda fell out of vogue. I have one friend who says it a lot still even with the fuck em all sentiment. Surprisingly though he consistently punches left and supports right so I think he may be full of shit on that one.

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u/the_calibre_cat 9d ago

oh, i still get the spammy donation request emails. fucking tons of them.

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u/Orleanian 9d ago

You haven't heard it much because most folk know that birds aren't real.

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u/Particular-Bike-9275 9d ago

Seriously. Did everyone forget about Kelly Loeffler selling $18 million in stocks after that closed door covid meeting? Her and two other republicans and one democrat sold stocks. They were only left off the hook because Bill Barr, republican running the DOJ, let it go.

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u/OtherwiseFinish1238 9d ago

At a certain point, whatever fines they could have gotten or bribes they had to pay are just cost of doing business

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u/2xBAKEDPOTOOOOOOOO 9d ago

Senator Richard Burr:

In early February 2020, just before the COVID-19 market crash, Burr sold more than $1.6 million of stock in 33 transactions during a period when, as head of the Senate Intelligence Committee, he was being briefed daily regarding potential health threats from COVID-19.[117][118][119] He sold 95% of the holdings in his Individual Retirement Account (IRA).[120] According to the FBI, Burr's sales six days before "a dramatic and substantial" downturn in the stock market allowed him to profit more than $164,000 and avoid $87,000 in losses.[120] The stocks sold included several considered vulnerable to economic downturns, such as hotel chains.[118] Burr's brother-in-law Gerald Fauth also subsequently sold stocks; according to the Securities and Exchange Commission, Burr had a 50-second phone conversation with Fauth in February 2020, immediately after which Fauth sold shares.

Last full day of Trump admin:

On January 19, 2021, the Justice Department informed Burr that it would not pursue charges against him

Burr was one of only three senators to oppose the STOCK Act of 2012, which prohibits members of Congress and congressional staff from using nonpublic information in securities trading.

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u/exoriare 9d ago

Bernie Sanders never did it. He used to be mocked as one of the poorest pols in DC.

(Then he wrote some best-selling books and was mocked for being a cocktail socialist).

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u/CTechDeck 9d ago

Exactly, dunno why everyone likes pointing out Pelosi when there's many Republican senators who sold and bought stock right before the Covid crash after a meeting on how it would impact the US.

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u/Swivman 9d ago

The stock is higher today than it was during the sale? I know yall are regarded... but damn

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u/cleepboywonder 9d ago

Up is down in the sub. You’re winning if you post loss porn.

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u/BrownForce 9d ago

Isn’t that stock up almost 10% since she sold?!? I’m confused. 🤔

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u/Syrdon 9d ago

Ah, but you forgot: democrats and women with power are both bad. The combination is bad squared. Anything negative you say about someone who is bad is automatically true - and if they’re bad squared then it’s extra true.

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u/BrownForce 9d ago

Ahhhhhh, so the OP is basically trying to generate a negative response squared? Lol You’re most likely right, Reddit is just a cesspool of anger and hate towards other people.

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u/yesaxelismyrealname 9d ago

This. If she’s involved I’m just here for the absolute trash.

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u/Paulooss 9d ago

Didn't she basically sell the bottom lol?

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u/Humble_Increase7503 9d ago

Well then Nancy’s a fuckin idiot because google climbed form $85 to $101 in the last month.

So her insider trading skills are dog shit

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u/thePolicy0fTruth 9d ago

It wasn’t insider trading. It’s been public knowledge for months that this suit was coming. They also have already dealt with similar anti trust suits in Europe.

https://www.bloomberg.com/news/articles/2022-08-09/doj-poised-to-sue-google-over-ad-market-as-soon-as-september

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u/spac420 9d ago

before everyone loses their shit, googl came out like a year ago they were trying to divest parts of the exchange to appease the DOJ

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u/Shodid_ 9d ago

So stupid. Reddit sucks sometimes.

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u/JoyfulBear09 9d ago

Nancy p is pretty hot, ngl

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u/prominorange 9d ago

Idk maybe she just didn't like the stock

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u/Mr_Chill_III 9d ago

I like to imagine that the Pelosi Fortune is cursed like the treasure in the first Pirates of the Carribean film. Except instead of becoming undead, it causes descendants who touch it to have sterile children, maybe born with Cystic Fibrosis, such that thier corrupted genetics won't infect further generations.

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u/JMEscribe 8d ago

There's a twitter account commited to follow her stock movements because of things like this 🤣