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Nancy Pelosi's Husband Sold a Boatload of Nvidia Stock Right Before It Was Eviscerated by Chinese Startup (futurism.com)

submitted 6 days ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] originalucifer@moist.catsweat.com 29 points 6 days ago (1 children)

this isnt news. insider trading is completely legal if you work for or are related to a congressperson.

[–] leisesprecher@feddit.org 5 points 6 days ago (4 children)

Legal or not enforced?

[–] originalucifer@moist.catsweat.com 14 points 6 days ago

100% legal. they carved out exemptions specifically for themselves, and forced a 30 day delay on normal humans from knowing what they purchase/sell. in writing.

[–] mctoasterson@reddthat.com 4 points 5 days ago

Legal in that there isn't a specific law against it. Several Reps and Senators at various times have proposed a ban on Congresspeople trading individual stocks (presumably they could still have index funds, mutual funds etc.) but shockingly enough those measures didn't pass.

[–] sibachian@lemmy.ml 4 points 6 days ago

legal corruption. the US probably has an official stamp for this shit.

[–] PanArab@lemmy.ml 7 points 6 days ago (2 children)

How did the cunt know when to sell?

[–] CyberMonkey404@lemmy.ml 5 points 6 days ago

Oh he's just a very keen businessman! /s

[–] jsomae@lemmy.ml 4 points 5 days ago

the news about deepseek came out several weeks before the stock market noticed.

[–] ToadOfHypnosis@lemmy.ml 9 points 6 days ago (1 children)

We need to get the entrenched old guard democrats out of power. They are controlled opposition just as beholden to the billionaires who pull Trump’s strings. We need new blood.

[–] PanArab@lemmy.ml 10 points 6 days ago

The young democrats aren’t any better

[–] Mycatiskai@lemmy.ca 4 points 6 days ago

Is there a blue sky account that follows Paul Pelosi's stock trades in realtime or a short enough delay that gains could be made?