• return2ozma@lemmy.worldOP
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    9 days ago

    Nancy Pelosi’s husband dumped 2,000 Visa (V) shares in July — just weeks before the payments giant was sued by the U.S. Department of Justice (DOJ) for monopolizing the debit markets.

    The timely trade — which documents show was worth at least $500,000 — has once again set the rumor mill running about the former House speaker and her venture capitalist husband’s investing strategies, which have netted them an impressive nine-figure net worth over the years.

    • CmdrShepard42@lemm.ee
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      8 days ago

      just weeks before the payments giant was sued by the U.S. Department of Justice

      Months before to be more precise. He also sold them a year after the investigation was announced when the share price was lower than it is today, after the lawsuit was filed, so I don’t see why this one example is being viewed as being so scandalous.

    • njm1314@lemmy.world
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      8 days ago

      While 12 weeks is technically weeks I think it’s very intellectually dishonest to refer to it as weeks before when months before is more accurate.