Nancy Pelosi? I guess the fact that it's pretty easy to be a wildly successful investment banker with inside information from your insider wife, who's been in politics for 50 years and isn't subject to insider trading laws (politicians aren't) escaped your minuscule intellect.
Do make sure to keep tripping over your own stupidity and bias, always quite entertaining.
60 Minutes: Pelosi Insider Trading (2011)
Watching Chopped so I don't feel like watching the video until later, but I will. But from a little searching it sounds like it's nothing but a bunch of horseshit based upon some loose-lipped right-wing think tank speculation. OMG they bought into the VISA IPO and the stock went up in 2 days! Holy fucking shit. Fuck I would have invested in VISA if I had the spare cash at the time. That's a no brainer. Credit cards make America go round. If this was so legit they would have prosecuted her, after all they went after Martha Stewart for Chrissakes. From an article:
"House Minority Leader Nancy Pelosi fired back Sunday at a CBS News' "60 Minutes" report that highlighted several instances of what it suggested could be "soft corruption."
The show looked at the investments of various lawmakers -- including Pelosi, House Speaker John Boehner and Republican Rep. Spencer Bachus of Alabama -- who reportedly bought stocks around the same time legislation involving those investments was being discussed.
Pelosi and her husband participated in an initial public offering of Visa in 2008, according to CBS. They bought 5,000 shares at the initial price of $44; two days later, shares were trading at $64, CBS said.
The network reported the investment came at the same time a piece of legislation that was opposed by credit-card companies was making its way through the House.
"Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi," Pelosi spokesman, Drew Hammill, said in a statement soon after the report aired Sunday night.
"It is very troubling that 60 Minutes would base their reporting off of an already-discredited conservative author who has made a career of out attacking Democrats," he added.
CBS said it used as a starting point for its story the research of Peter Schweizer, a fellow at the Hoover Institution, a conservative think tank at Stanford University.
About a year ago, he began work on a book about "soft corruption" in Washington, CBS reported. The network said it had independently verified the material it used.
Pelosi's spokesman criticized the CBS story for failing to note that the "legislation in question was reported out of the Judiciary Committee on October 3, 2008 -- the day the House was consumed in passing TARP and also the last day the House was in session before the November election."
It also failed to note that in September 2008, the House passed the Credit Cardholders' Bill of Rights, Hammill said.
"In the next Congress, the House and Senate passed and President Obama signed the Credit Cardholders' Bill of Rights and the Dodd-Frank legislation, which included a stronger, more direct approach to addressing swipe fees," the spokesman said.
In addition to Pelosi, the CBS report took a look at the investments of of Bachus and Boehner."
I wonder how you feel about the allegations of Bachus and Boehner. You probably feel all warm and fuzzy inside.