Wednesday, January 25, 2023

Sold..

 

Representative Nancy Pelosi's decision to sell her Google stocks just a month before the Department of Justice (DOJ) and eight states sued the tech giant has raised eyebrows as to whether she knew a massive antitrust lawsuit was coming.
The DOJ announced Tuesday that it was suing Google for abusing a monopoly over a "wide swath" of online advertising tools and corrupting "legitimate competition in the ad tech industry" by doing so.
Shortly after the announcement, some social media users noticed that Pelosi sold up to $3 million of her Google stocks four weeks earlier. Congressional filings show that the California Democrat sold 10,000 shares of Alphabet Inc.
Just a thought.

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