White I was wrong right amount wrong stock I watched the show again . It was Tesla and the amount was 1.25 million a few days before bobo granted a big government contract to them
OK I believe I found the episode of Watters that you are referring to. It is easy to see how you have been mislead...or at least 'misdirected'.
First, the guy who is asking the question about Visa, doesn't know what he's talking about. Maybe he does and he is trying to play gotcha with Nancy. Anyway, the IPO price for Visa was 44$. He makes it seem as though that price was only offered to Paul Pelosi. Nancy's response was correct. IMO
The bit about Tesla is a lot more deceitful. If you listen closely, Watters says......".Paul and Nancy GOT
a million dollars worth of Tesla stock options". Watters wants you to believe this was a gift to Pelosi, What he doesn't tell you is that Paul Pelosi PURCHASED
those stock options at a cost of somewhere near a million dollars.
Below you can see the Periodic Transaction Report that Nancy has to file on a regular basis. The third item down the list reflects the purchase of those Tesla options.
Now don't get me wrong here......I think it is absolutely unethical for Paul and Nancy to benefit from her inside knowledge. You'll never convince me that they didn't share that info between them. On the other hand ..it wasn't illegal Maybe it should be.
There are some arguments that claim insider trading is beneficial to everyone. Maybe.......but I still think lawmakers should be prohibited because they can influence a company's results.
I am even more bothered by Watters' attempts to mislead. I had always thought his stuff was fairly well thought out............and maybe it is
Periodic Transaction Report:Pelosi