ENERGYGate continues to get deeper… #dontgo

August 12, 2008 by Scott · Leave a Comment
Filed under: General 

Bill Collier, a researcher and writer at #dontgo Movement  has found more ties between Speaker Pelosi and T. Boone Pickens and Clean Energy Fuels, Corp.

From the website:

One of CLNEs underwriters is WR Hambrecht and Co., owned by William Hambrecht, a leftwing activist who has given, on average, around $80,000 per year to liberal candidates and causes. It is probable that such a heavyweight in the leftist movement is also well known to Nancy Pelosi and to Harry Reid, who will be partnering with the Center for American Progress Action Fund and UNLV to host the National Clean Energy Summit on Aug. 19 with such notables as President Clinton, New York Mayor Michael Bloomberg, Gov. Janet Napolitano of Arizona, Gov. Bill Ritter of Colorado, and Texas entrepreneur T. Boone Pickens.  -=SOURCE=-

And in another article, the original assessment that Nancy Pelosi purchased CLNE stock at the IPO offering of $14.00 per share may have been wrong.

According to this article, again by Bill Collier, there are indications that she may have jumped in before the offering and purchased the stock at $3.86 per share.  The documents are available on the #dontgo Movement website.

Pelosi is, effectively, getting in on the “secret” before the public, which means she MUST know someone who knows someone, and which begins to make the Pickens Plan part of a “comity of action” in which Pelosi offer political cover and support in exchange for getting in on the ground floor and making, potentially, BILLIONS off of the deal.  -=SOURCE=-

I don’t know that much about trading like this but is this legal?  Is this insider trading?  I’m just asking.

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