• UnderpantsWeevil@lemmy.world
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    1 year ago

    Of the 26 traders in Congress who beat the S&P 500 in 2022, Nancy was not one of them.

    We only started tracking trades in 2021. Pelosi has been in office since the 1987 and her husband’s venture capital firm Financial Leasing Services, Inc. is the primary reason for the family’s $115M household valuation. A big part of the FLS holdings is sports venue real estate. And a big part of the profitability of that real estate stems from city, state, and federal grant money. So… shrug

    But no, this isn’t just Nancy Pelosi personally getting in on the ground floor of Facebook, Google, or Amazon, back before they were major recipients of NSA money for data collections and warehousing.

    • doctorcrimson@lemmy.today
      link
      fedilink
      arrow-up
      2
      ·
      1 year ago

      We’ve been tracking trades since the Ethics in Government Act of 1978 which was expanded upon by the STOCK act of 2012.

      So… shrug

      • UnderpantsWeevil@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        We’ve been tracking trades

        Can you show me what stocks Pelosi owned in 1987, when she took office? I’m unable to find anyone hosting this data.

        • doctorcrimson@lemmy.today
          link
          fedilink
          arrow-up
          1
          ·
          1 year ago

          Given EIGA predates the internet, the archives are probably stored as papers somewhere in the library of congress or the SEC, let me know if you find anything online.