this post was submitted on 29 Oct 2023
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A Boring Dystopia

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[–] UnderpantsWeevil@lemmy.world 2 points 1 year ago (1 children)

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 2 points 1 year ago (1 children)

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 1 points 1 year ago (1 children)

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 1 points 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.