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Nancy Pelosi scoops up call options for Google, Disney, Roblox stocks
[NY Post] Congress is in recess for the holidays — but Nancy Pelosi has kept busy playing the market.The Democratic majority leader and her husband, Paul Pelosi, recently bought millions of dollars worth of call options for stocks including Google, Salesforce, Roblox and Disney, financial disclosures published Thursday show. The purchases occurred from Dec. 17 to Dec. 21 — just days after Pelosi insisted in a press conference that members of Congress should be allowed to trade individual stocks despite often being privy to insider information that can move markets. "We’re a free-market economy," Pelosi told reporters, adding that members of Congress "should be able to participate in that." The Pelosi family’s trades this month include Google and Salesforce call options worth between $500,000 and $1 million each, as well as Roblox call options valued at between $100,000 and $250,000. The duo also bought up between $250,000 and $500,000 in calls for chipmaker Micron Technology and between $100,000 and $250,000 of Disney call options in disclosures that were earlier reported by Congresstrading.com. Paul Pelosi runs Financial Leasing Services, a real estate and venture capital investment and consulting firm. In recent years he’s made big-money bets on companies his wife is supposed to regulate, including Amazon, Apple and Google. Posted by: Frank G 2021-12-31 |
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