Dealings that are dishonorable but convenient

Everyone's favorite Lucille Bluth impersonator and weird public dancer is committing insider trading again on the $NVDA stock. Mainstream sources hard to find for some unfathomable reason but this Fox news article is a serviceable account although it gets several details wrong.

Essentially, through her husband, Pelosi sold Nvidia stock in a seven-figure deal right before announcing commercial sanctions against China that tanked the share values. Ka-Ching!

Who's Lucille Bluth? My favorite internet search engine tells me it's a fictional character.

https://arresteddevelopment.fandom.com/wiki/Lucille_Bluth

So I guess you meant cosplayer, not impersonator.

Sources are hard to find if any of the algorithms connected to your search think you wouldn't be interested. Mine thought I would be. I was given a page of results, with Reuters at the top.

https://www.reuters.com/markets/us/pelosis-husband-dumps-nvidia-stock-house-eyes... (July)

A 2012 law makes it illegal for lawmakers to use information from their work in Congress for their personal gain. The law requires them to disclose stock transactions by themselves or family members within 45 days.

It's been a frustation for many Americans that this is rarely enforced. The law might have too many loopholes.

An analysis by Unusual Whales, a service selling financial data, concluded that congressional lawmakers last year traded $290 million in stocks, options, cryptocurrency and other assets, and that they outperformed the market, on average.

Certainly Congress is struggling with ethics.

Remember the pandemic profiteers in Congress? Kelly Loeffler (GA-R) was one of the most notorious examples. A New York CEO of a tech company used in financial dealings and the wife of the CEO of Intercontinental Exchange, she served for a short time as an unelected US Senator. She was in Congress just long enough for the first year of the COVID-19 pandemic, when she was supposedly serving (with no prior legislative experience) the home state of the CDC.

https://www.gq.com/story/coronavirus-senate-profiteers

There are rarely repercussions for the Congressional representatives' use of their positions for stocks and other financial dealings. (Look at every skeezy deal Trump got away with as POTUS, ffs!)

It's deplorable no matter who's doing it.

>1 Kuiperdolin: Do you believe that elected officials should be allowed to trade freely in stocks, bonds, real estate and other investments which might be affected by their ofrficial actions? Or do you think elected officials should be restricted restricted in their investment practices during their elected terms?

If the latter, what restrictions do you favor?