Politicians on both sides of the aisle often talk about fighting corruption and big corporations, but many of them are making millions off information only they they have access to.
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Date streamed: December 16/17, 2021
Chapters:
0:00 – Intro
0:16 – What is insider trading? (AMZN)
1:16 – Trading by someone who has non-public, material information
2:30 – What you know vs. what you can prove
3:01 – Very few people actually get convicted for insider trading
4:00 – Insider trading examples (AIG)
5:06 – Who makes these laws anyway?
5:30 – Politicians profiting off early COVID alerts
6:15 – Traders started watching Pelosi’s trades
7:30 – Nancy Pelosi outperforming Warren Buffett 3x?!
8:57 – Recent news: Pelosi says “We’re a free market economy”
10:10 – This isn’t just one side of the aisle
10:31 – The STOCK Act: Insider investigation
11:15 – Insider investigation details
11:45 – Profiting off COVID vaccines (PFE, JNJ, MRNA)
12:55 – Hypocrisy about the “media” (FB, TWTR, DIS, NYT)
13:20 – Crypto regulators are themselves invested in crypto
13:40 – 25 wealthiest members of congress
14:10 – How they get away with it
15:46 – Pelosi’s response to reporter’s questioning
16:41 – If you’re connected to a hedge fund, trading like this is highly illegal
17:32 – Pelosi and her husband’s trades (NVDA, CRM, GOOGL, AAPL)
18:56 – How can we fix this?
20:12 – Young people need to VOTE if they want change
20:58 – Primaries and local elections are VERY important!
Investing and trading are two different beasts. Please do your own research and due diligence before buying or selling stocks, options, forex or equities. These are opinions only, please make financial decisions on your own. Personal Finance is important!
Get $10 in crypto free on eToro when you trade $100:
#stockmarket #nancypelosi #insidertrading
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