Wednesday, June 15, 2011

NOW WE KNOW WHY PELOSI WANTS THE RECCESION TO CONTINUE!

Pelosi's wealth grows by 62 percent

By Kevin Bogardus - 06/15/11 12:46 PM ET

House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.

Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 milion in liabilities.
For 2009, Pelosi reported a minimum net worth of $21.7 million.


Speaker John Boehner (R-Ohio) also remained a multimillionaire. He reported that his minimum net worth in 2010 was close to $2.1 million, with zero liabilities. His 2009 minimum net worth was more than $1.8 million.
Forms disclosing the assets and liabilities of lawmakers for the 2010 calendar year were released Wednesday. The forms give a good estimate of lawmaker wealth, though they show ranges and not precise values for stocks, pension plans, vacation homes and other assets of lawmakers.

Pelosi saw her wealth rise due to some stock gains and real estate investments made by her husband, Paul.
Apple stock owned by Pelosi's spouse rose from at least $500,000 in 2009 to $1 million in 2010. The minority leader's husband also took a bigger stake in Matthews International Capital Management — worth at least $5 million last year, compared to $1 million in 2009 — and his investment in some undeveloped residential real estate in Sacramento, Calif., jumped to at least $5 million in value.

Paul Pelosi also has sizable assets in the United Football League, including $1 million in a partnership interest in a Jacksonville, Fla., franchise and $5 million in a partnership interest for the Sacramento Lions.

Lee ADDS: One wonder why Harry Reid's financial figures were not revealed. His wealth has grown measurably within the last few years.

No comments:

Post a Comment

Post a Comment