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2021-07-07 Home Front: Politix

Paul Pelosi bets up to $6M on Big Tech before powerful House committee passes sweeping antitrust measures

[FOX] House Speaker Nancy Pelosi’s husband placed a bet of up to $6 million on Apple, Amazon and Google-parent company Alphabet ahead of a powerful House committee moving forward with bills aimed at reining in the powers of Big Tech.

Paul Pelosi on May 21 spent up to $250,000 on 50 Apple calls that have a strike price of $100 and that expire on June 17, 2022. He also bought 20 Amazon calls, costing up to $1 million, that have a strike price of $3,000 and that also expire on June 17, 2022.

Posted by Besoeker 2021-07-07 02:31|| || Front Page|| [11135 views ] Top

#1 Antitrust law is so complex that there's essentially no chance anything developed in congress will survive the courts.

Posted by M. Murcek 2021-07-07 09:39|| 2021-07-07 09:39|| Front Page Top

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