Skip to comments.Company Cofounded by Paul Pelosi Jr. Charged with Securities Fraud
Posted on 07/17/2014 10:09:39 PM PDT by Kevin in California
The Securities and Exchange Commission (SEC) charged a company cofounded by Paul Pelosi Jr. with fraud on Wednesday after learning that two convicted criminals were running the business.
Paul Pelosi Jr., the son of House Minority Leader Nancy Pelosi (D., Calif.), was the president and chief operating officer of Natural Blue Resources Inc., an investment company he cofounded that focuses on environmentally-friendly ventures.
Who would have thought that the son of a woman exempted from insider trading laws, and having plenty of inside information about where the government money will go to “green” firms, would start an investment company?
The question is.... How does Nancy Pelosi blame republicans and the Tea Party for this?
Forget it. Wrong party
If a conservative, on the other hand, has a family member who even works for a securities or any Wall Street firm, then you have a case tgat even Freepers will go for
Double standard is way too weak a term
That apple didn’t fall far from the tree. Someone tell him the free market is not a Marxist laundry operation.
“There is some dispute over Paul Pelosis current connection to the company.
The New Mexico Office of the Secretary of State Business Service Division currently lists Natural Blue as a company not in good standing, with Pelosi listed as its president.
Pelosi cofounded the company in 2009. The SEC said Natural Blues mission is to create, acquire, or otherwise invest in environmentally-friendly companies, including an initiative to locate, purify, and sell water recovered from underground aquifers in New Mexico and other areas with depleting water resources.
According to Bloomberg Businessweek, Pelosi served as president and chief operating officer of Natural Blue Resources, Inc. until January 11, 2010. Joseph Montalto is listed as the current president.
However, the Mountain View Telegraph cited Pelosi as Natural Blues president last year, and Anaya was still leading the company as chairman and CEO at this time.”
“Who would have thought that the son of a woman exempted from insider trading laws, and having plenty of inside information about where the government money will go to green firms, would start an investment company?”
You’d think he’d become a race-car driver, or a gunsmith, or something...Crazy, isn’t it?! /s;)
The acorn doesn’t roll far from the tree (speaking of nuts)
Pelosi perp ping.
Founded in 2009, huh? The same year as Obama’s Stimulus with hundreds of billions of dollars. Not that Nancy would funnel any of that money to her spawn. /s
Fruit does not fall far from the tree.
He impressed me as a person who was dumb as a stump.
And then you have Harry Reid and his boys, LOL!
Once again, the apple does not fall far from the tree.
Apples, acorns, nuts—fruits! They didn’t fall far from one vile tree.
The Media will do it for her.
“.......charged a company cofounded by Paul Pelosi Jr. with fraud”.....
Anyone connected to Pelosi is more than likely guilty of some crime.