Skip to comments.60 Minutes Expected to Air Investigation of Pelosi Stock Investments
Posted on 11/08/2011 6:47:40 PM PST by Free ThinkerNY
Indications from the Beltway media world are that 60 Minutes is preparing to air a segment exploring legislative actions House Minority Leader Nancy Pelosi oversaw that might have benefited her husband's stock investments.
According to multiple news reports, 60 Minutes reporter Steve Kroft sprang a number of questions on Pelosi at a recent press conference in Washington, D.C. about why legislation affecting credit-card swipe fees was not brought to the floor of the house for a vote late in 2008.
Earlier that year, Pelosi's husband, San Francisco businessman Paul Pelosi, purchased between $1 and $5 million in Visa stock. Visa, based in San Francisco, was undergoing a large IPO.
ABC News reported:
... Kroft asked Pelosi whether she considered it a conflict of interest for she and her husband to participate "in a very large IPO deal from Visa at a time there was major legislation affecting the credit card companies" making its way through Congress.
"What you're contending is not true," Pelosi, D-Calif., said. "The fact is your basic premise is a false one."
Kroft also reportedly peppered House Speaker John Boehner with questions about trades he made in health-insurance company stock as healthcare reform legislation was moving through Congress. Boehner denied any improprieties in the trades.
(Excerpt) Read more at blogs.sfweekly.com ...
Coverup has begun!!
Nail her to the wall!!!
Maxine Waters is thrilled....she gets to skate again.
the state run media no less.
I would be even more impressed when they run a segment on how she purposely changed the Minimum Wage Act to benefit her husband’s investments in American Samoa. They exempted Samoa.... guess all her drivel about working families struggling did not apply where her husband has investments!
Pfft...not a damn thing will come of it.
Noting happens in a vacuum. Nanzi has been a PR drag for the left for a long time and her credibility is not one that will serve a purpose to move some new agenda. Nanzi gets the Obama buzzsaw.
There is no cover up. Congress is exempt from laws governing insider trading.
Wonder who “green-lighted” this hit on the Dragon-lady? Had to be Obama.
A) The LeftMedia can attack a super-lib now and then. Perhaps they feel that Pelosi is so far ahead in her district she will win her district again anyway; they could also go after a Dem who is going to lose anyway, there’s nothing to lose. It actually creates an opening for a new Dem to run against the old Dem’s record.
B) The LeftMedia is making sure to also go after R’s on the same story.
C) Those who would really be influenced by this story are very few. Pelosi is so far left the story won’t affect those who love her or hate her.
I’ve read somewhere before that her investments made an astounding 80% return in one year. She is above the law.
D) The LeftMedia gets to tout their “fairness”, etc. Out of a hundred-yard story they get 80 million miles of going on and on about how great a “news” organization they are because they did their once-a-decade powder-puff piece targeting both Dems and Repubs.
E) The news cycle moves on, in a month it’s gone. Look at how many wacko things there are to report on NanPel and how they’re ignored.
I despise every single thing about that woman.
It is a bit strange why ABC would be doing something to put the socialist hag in an UN-comfortable position.
I wonder what is going on here? The media can do this any time they want as the dimoKKKRAT party is a target rich environment if they choose to got that route. Over the years they have mostly gone after Republicans. Must be some things going on behind the scenes in the RAT party that we don’t know about.
YES!!!!! I’m glad to see someone else remembers this.
“In conclusion, nothing to see here, Move along”
signed, Steve Kroft
Pelosi gets BIG money from the unions. However her posh resort in Napa Valley,her winery operations and restaurants throughout the Bay Area are all non union and she is said to still employ undocumented workers in housekeeping and harvesting operations.
There is a God. She will eventually die and all of her ill gotten swag won’t mean a thing.
I’ll believe it when I see it!
I’m certain that the poor Pelosi family was just victimized by the evil Wall Street folks.
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