4 ms·

Nancy Pelosi's Husband Purchases Large Blocks of Options on Amazon, Facebook

39 points by kyleblarson 8y ago

olivermarks 8y ago
'Hard for house dems to regulate Silicon Valley when the likely speaker's husband is knee deep in tech derivatives. $AMZN $FB' ouch
- aportnoy 8y ago
  Wouldn’t be hard if these were put options…
  - lando2319 8y ago
    The tweet says they were call options
    - aportnoy 8y ago
      I know.
aportnoy 8y ago
I think it’s relevant to see in the title what kind of options (call/put) he’s buying.
- craftyguy 8y ago
  It's literally in the first sentence of this twitter thing.
  - aportnoy 8y ago
    I know.
onetimemanytime 8y ago
and that side is supposed to stand up to the "pro-business" side. Rotten system, we have. say they are 500 important elections every couple of years. 500 * $5000 each = $2,500,000. Let's quadruple the amount to $10m to allow giving more to a person or for staff to handle that. That means that every state AG, Governor, Senator, Congressman etc etc can get money from hundreds of US companies and the companies would not have to switch to generic cola to afford it. What's $10 million a year to MSFT, AAPL, Google, Facebook etc???
exappledev 8y ago
Yea, I think most silicon valley employees would be shocked if they found how many members of the House and Senate had been 100 ft away in a secretish meeting at their company. Also to put this in perspective, these secretish meetings occur at every important financial sector of commerce. We have a real corruption problem in our government.
tomatotomato37 8y ago
I like how everyone in that thread is ignoring the AT&T call in the middle, even though it's worth more than the facebook one. Guess net neutrality on the wireless spectrum is dead for at least the next couple years.
deleted 8y ago
[deleted]
kweinber 8y ago
This probably proves Pelosi's family is on the up-and-up. Not only did he disclose same-day, those trades were terrible ones. . . if there was corruption or advanced insider knowledge, he would have bet the other way. Instead, they will likely all expire as worthless.
aportnoy 8y ago
Why is this flagged?
- kyleblarson 8y ago
  Because it doesn't fit the narrative.
bbimbop 8y ago
Fake news. For what reason shouldn't he invest? Is there a conflicting proceeding the US? In that case then he'd close the position or the disclosure would be blocked. Isn't this the point of disclosure? Also, not sure why everyone is so excited over options (the right - not the obligation - to buy the underlying stock), which again has been properly disclosed. This is gaslight hypocrisy.
- bbimbop 8y ago
  @pierpont_morgan looks a lot like a Russian troll account, too

39 points by kyleblarson 8y ago

'Hard for house dems to regulate Silicon Valley when the likely speaker's husband is knee deep in tech derivatives. $AMZN $FB' ouch

aportnoy 8y ago
Wouldn’t be hard if these were put options…
- lando2319 8y ago
  The tweet says they were call options
  - aportnoy 8y ago
    I know.

aportnoy 8y ago

I think it’s relevant to see in the title what kind of options (call/put) he’s buying.

craftyguy 8y ago
It's literally in the first sentence of this twitter thing.
- aportnoy 8y ago
  I know.

onetimemanytime 8y ago

and that side is supposed to stand up to the "pro-business" side. Rotten system, we have. say they are 500 important elections every couple of years. 500 * $5000 each = $2,500,000. Let's quadruple the amount to $10m to allow giving more to a person or for staff to handle that. That means that every state AG, Governor, Senator, Congressman etc etc can get money from hundreds of US companies and the companies would not have to switch to generic cola to afford it. What's $10 million a year to MSFT, AAPL, Google, Facebook etc???

exappledev 8y ago

Yea, I think most silicon valley employees would be shocked if they found how many members of the House and Senate had been 100 ft away in a secretish meeting at their company. Also to put this in perspective, these secretish meetings occur at every important financial sector of commerce. We have a real corruption problem in our government.

tomatotomato37 8y ago

I like how everyone in that thread is ignoring the AT&T call in the middle, even though it's worth more than the facebook one. Guess net neutrality on the wireless spectrum is dead for at least the next couple years.

deleted 8y ago

[deleted]

kweinber 8y ago

This probably proves Pelosi's family is on the up-and-up. Not only did he disclose same-day, those trades were terrible ones. . . if there was corruption or advanced insider knowledge, he would have bet the other way. Instead, they will likely all expire as worthless.

aportnoy 8y ago

Why is this flagged?

kyleblarson 8y ago
Because it doesn't fit the narrative.

bbimbop 8y ago

Fake news. For what reason shouldn't he invest? Is there a conflicting proceeding the US? In that case then he'd close the position or the disclosure would be blocked. Isn't this the point of disclosure? Also, not sure why everyone is so excited over options (the right - not the obligation - to buy the underlying stock), which again has been properly disclosed. This is gaslight hypocrisy.

bbimbop 8y ago
@pierpont_morgan looks a lot like a Russian troll account, too