I have not seen as much outrage on the blogosphere on any other story for quite some time as I have seen for this one...and here is Pelosi, acting as innocent as a new born babe.
The show looked at the investments of various lawmakers — including Pelosi, House Speaker John Boehner and Republican Rep. Spencer Bachus of Alabama — who reportedly bought stocks around the same time legislation involving those investments was being discussed.
Pelosi and her husband participated in an initial public offering of Visa in 2008, according to CBS. They bought 5,000 shares at the initial price of $44; two days later, shares were trading at $64, CBS said.
The network reported the investment came at the same time a piece of legislation that was opposed by credit-card companies was making its way through the House.
“Congress has never done more for consumers nor has the Congress passed more critical reforms of the credit card industry than under the Speakership of Nancy Pelosi,” Pelosi spokesman, Drew Hammill, said in a statement soon after the report aired Sunday night.
“It is very troubling that 60 Minutes would base their reporting off of an already-discredited conservative author who has made a career of out attacking Democrats,” he added.
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New from The Daily Beast...Nancy Pelosi's Credit Card Bonanza
H/T to iowntheworld
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