E-MAIL THIS LINK
To: 

Nancy Pelosi's husband Paul made nearly $6 million on Alphabet stock and placed bets to make more cash on Amazon and Apple as House moves to break companies up
[Daily Mail, where America gets its news]
  • House Speaker Nancy Pelosi's husband Paul made moves on the stock market that suggest the House's trust-busting attempt won't hurt tech giants

  • Bloomberg News reported that Paul Pelosi exercised call options to acquire 4,000 shares of Alphabet stock, at a strike price of $1,200

  • That made him a $4.8 million gain, which has grown to $5.3 million since

  • On May 21, Paul Pelosi also bought 20 call options for Amazon, with a strike price of $3,000 as well as 50 call options of Apple stock, with a strike price of $100

  • The House speaker noted the moves on disclosures filed July 2, Bloomberg said

  • Paul Pelosi's transactions are not suspected of violating STOCK Act

  • Paul Pelosi's bets on so-called 'Big Tech,' came as the House was moving ahead on legislation to break the companies up

  • The House Judiciary Committee approved six antitrust bills, but it's unclear when they'll get a vote on the floor of the House

  • Speaker Pelosi said last month that she supported the bills, which may have an even harder time getting past a deadlocked Senate

Posted by: Skidmark 2021-07-09
http://www.rantburg.com/poparticle.php?ID=606751