K1nsey6,
@K1nsey6@lemmy.world avatar

Insider trading has its advantages. Any of us would go to prison for it

Heresy_generator,
Heresy_generator avatar

Do you have any evidence, at all, to support your wild accusation? What insider information about Nvidia do you think they had access to?

AlwaysNowNeverNotMe,
AlwaysNowNeverNotMe avatar

They don't even need to have insider knowledge, they decide how regulations will be handed down, how stimuli will be dispersed, how the law will be interpreted among a whole host of other factors. There is absolutely no way for lawmakers to invest ethically outside a blind trust.

gregorum,

Then, providing proof should be no problem. Go on then. The state of New York is having a field day with Donald Trump…

AlwaysNowNeverNotMe,
AlwaysNowNeverNotMe avatar

Ok, she hasn't put forward any meaningful tech regulation legislation and owns lots of tech stocks.

Do you understand how pedantic asking for proof is in this situation? Her simply owning the stock is a conflict of interest as it disincentivizes her from performing the duties she was elected to perform.

gregorum,

So you have no proof, and now you’re blaming me cause you can’t back up your claims?

Lmao

AlwaysNowNeverNotMe,
AlwaysNowNeverNotMe avatar

Lol so you can't process information.

Good luck in the wars to come.

AnotherAttorney,

https://nypost.com/2022/10/05/house-speaker-nancy-pelosi-has-accrued-millions-from-husbands-trades-report/

That was from a two-second search on Google. Was it really that hard for you?

AnotherAttorney,
520,

They knew how their own regulations were about to affect these companies

FuglyDuck,
@FuglyDuck@lemmy.world avatar

His trades are more or less public info.

His trades are more consistently profitable than the best corporate investment managers. How exactly do you think that happens?

alpha_dog,

If you believe the idea of politicians insider trading is wild then you aren’t paying attention

gregorum,

Then it should be pretty easy to provide proof. The state of New York is having a field day with Donald Trump…

520,

We do have proof. Nancy Pelosi's husband's trades are public knowledge...

sprack,

She bought NVIDIA stock. That hardly seems like it required “insider” info to know it was going to go up.

520,

She bought Nvidia stock while privvy to internal communications about AI regulations.

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