Politics
Out of context: Reply #16615
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Pelosi’s disclosure belated in husband’s land deal
Partner is father of favored envoy
http://www.washingtontimes.com/n…House Minority Leader Nancy Pelosi’s husband, a real estate developer and investment banker, stands to make millions of dollars in a previously undisclosed residential real estate project in California as a partner with the father of a woman Mrs. Pelosi helped become ambassador to Hungary, records show.
Paul F. Pelosi’s investment in Russell Ranch is worth at least $5 million and possibly as much as $25 million in a deal put together by his friend and longtime business associate, Angelo Tsakopoulos, patriarch of a multimillion-dollar real estate development firm, according to Mrs. Pelosi’s latest personal-disclosure statement.
Mr. Pelosi said in an email from his wife’s spokesman that initially he invested between $1 million and $5 million in the project a dozen years ago, although its value has shot up recently as the undeveloped land moves closer to being annexed by a nearby city.
- Hey kids, protest that! Nepotism at it's fucking finest...!
*crickets from the protest support gallery******** - You should support quid pro quo, being a conservative and all. If she did anything shady, she should be punished.DrBombay
- Hey kids, protest that! Nepotism at it's fucking finest...!