Being in Congress is Good Business for Nancy Pelosi

California Congresswoman Nancy Pelosi directed more than a billion dollars in subsidies to a light rail project that benefitted a company her husband is a major investor in. ‘Salesforce’ paid $278 million for 14 acres in Mission Bay in 2010, from Alexandria Real Estate Equities.

Pelosi’s husband Paul’s holdings in ‘Salesforce’ amount to between $500,000 and $1 million.

Pelosi first purchased the stock in 2000. When it debuted on the market in 2004, it was worth $3.75 per share; this week, it was trading at just under $53.

But this isn’t the first time her congressional dealings have been called into question.

In March 2008 she sponsored a bill allowing HIV-positive patients who do not have AIDS to qualify for Medicaid. Her husband owns $250,000 worth of stocks in ‘Amgen,’ which makes the only AIDS drug covered, thus benefitting her husband.

She is as crooked as her face is surgically altered.


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