Nancy Pelosi Blocked Credit Card Reform While Investing Millions in Exclusive Visa Stock Offering
She kept two bi-partisan bills off the floor that would reduce VISA's cut from every merchant and bragged up a third bill that bullies the card-issuing banks instead of VISA. This is insider trading. Congress made it legal for congresspeople to break the law with insider trading. How much did she make off this exclusive IPO share offering? Congress made it legal for congresspeople to fudge the number. She invested "between one and five million dollars".
What's news here is that main stream CBS reported the story. You'll be happy to know that it's a bi-partisan story with sleazy behaviour in both parties.
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