Thursday, June 11, 2009

 

Pelosi’s Husband Lost as Much as $1 Million as AIG Stock Fell

House Speaker Nancy Pelosi’s husband lost as much as $1 million on American International Group Inc. shares after they plummeted last year, according to her financial disclosure report.

Shares of New York-based AIG, the insurer bailed out by the federal government, fell to $1.57 at the end of 2008 from $56.30 at the beginning of the year. It closed at $1.60 yesterday.

Pelosi, a California Democrat, reported that her husband, Paul, a businessman and investor, sold between $1,000 and $15,000 in AIG shares and took a loss of $100,000 to $1 million. She reported that he owned between $250,000 and $500,000 worth of New York-based AIG stock at the end of 2007...

Bloomberg: Pelosi’s Husband Lost as Much as $1 Million as AIG Stock Fell

This page is powered by Blogger. Isn't yours?