Company Cofounded by Paul Pelosi Jr. Charged with Securities Fraud

[eagle1462010]

Older news, but similar.................

Crony Capitalism: $737 Million Green Jobs Loan Given to Nancy Pelosi's Brother-In-Law | The Weekly Standard

Despite the growing Solyndra scandal, yesterday the Department of Energy approved $1 billion in new loans to green energy companies -- including a $737 million loan guarantee to a company known as SolarReserve:

SolarReserve LLC, a closely held renewable energy developer, received a $737 million U.S. Energy Department loan guarantee to build a solar-thermal project in Nevada.

The 110-megawatt Crescent Dunes project, near Tonopah, Nevada, will use the sun’s heat to create steam that drives a turbine, the agency said today in a e-mailed statement. SolarReserve is based in Santa Monica, California.

On SolarReserve's website is a list of "investment partners," including the "PCG Clean Energy & Technology Fund (East) LLC." As blogger American Glob quickly discovered, PCG's number two is none other than "Ronald Pelosi, a San Francisco political insider and financial industry polymath who happens to be the brother-in-law of Nancy Pelosi, the Minority Leader of the United States House of Representatives."

But wait... there's more! One of SolarReserve's other investment partners is Argonaut Private Equity:

Steve Mitchell and Argonaut Private Equity might have a chance to recoup some of their losses in the Solyndra debacle now that the Department of Energy has given a $737 million dollar loan guarantee to a company backed by Argonaut that also lists Mitchell among its board of directors.

Mitchell served on the Solyndra LLC Board of Directors. He also serves as Managing Director for Argonaut Private Equity, a company that invested in Solyndra through the LLCs parent company. After Solyndra declared bankruptcy, two Democratic members of the U.S. House asked that Mitchell testify about Solyndra. Though he has not appeared before Congress, he has "been asked to provide documents to Congress" pertaining to Solyndra.

And for good measure, it's also noteworthy that Obama is about to hold a big money fundraiser at the home of Tom Carnahan in St. Louis:

 

[eagle1462010]

We have the best Political WHORES MONEY CAN BUY.

The rewards of being related to them are endless.........................

Our we could be like Reid and give Campaign finance money to our kids. It's against the law, but who cares. Nothing will happen about it as always.................Because they control the law.

This happens on both sides of the Isle...............The TEA Party is attempting to take out some of the Trash in the GOP.................

Are the Dems going to get rid of Pelosi now........................And take out their Trash...........

I think not. They had no problem throwing out the Blue Dogs who dared NOT FOLLOW THE PARTY LINE..............

 

[HenryBHough]

Just think - a family that, were it not for corruption and political power, might well be on welfare and Medicaid!

 

[LadyGunSlinger]

We've entered a new world of politics where corruption, lies, scandals are now accepted and ignored in order for liberalism to flourish.. I'm not saying there aren't corrupt leaders that are republicans, quite the contrary.. most likely nearly all of them on both sides of the aisle but the difference in we Conservatives are the 1st ones to want their asses thrown out and locked up. Liberalism is nothing more than a bunch of thugs bullying their way to the top of the political power structure and using the force of the federal government through intimidation to silence any and everyone. We have watched this tyranny grow without a peep from the Republicans in Congress. They are feckless cowards of unimaginable proportions and history will record them as such.

 

[eagle1462010]

"Truth is treason in an empire of lies" - George Orwell

 

[eagle1462010]

 

[J.E.D]

Company Cofounded by Paul Pelosi Jr. Charged with Securities Fraud

If his last name wasn't Pelosi, or Clinton, you wouldn't give a shit. Hack.

 

[J.E.D]

We've entered a new world of politics where corruption, lies, scandals are now accepted and ignored in order for liberalism to flourish.. I'm not saying there aren't corrupt leaders that are republicans, quite the contrary.. most likely nearly all of them on both sides of the aisle but the difference in we Conservatives are the 1st ones to want their asses thrown out and locked up. Liberalism is nothing more than a bunch of thugs bullying their way to the top of the political power structure and using the force of the federal government through intimidation to silence any and everyone. We have watched this tyranny grow without a peep from the Republicans in Congress. They are feckless cowards of unimaginable proportions and history will record them as such.

Oh you are so morally superior than us lowly liberals. You can do no wrong.

Give yourself a pat on the back for being one of the most pretentious partisan hacks on the interwebz.

 

[LoneLaugher]

Ah, the children of politicians:

Details of Huckabee Son's Dog Torture Episode Coming Out

USATODAY.com - Jeb Bush's daughter charged with prescription fraud

President's daughter in under-age drinks bust - Telegraph

Useless deflection. You should be a nutter. You behave like one. Idiot.

 

[LoneLaugher]

Rick "I was not indicted" Scott's business was fined 600 MILLION; Scott played canary to avoid fraud charges. And Scott isn't part of a family with an officer holder, he is, sadly, Governor of Florida.

More deflection. I know it is tempting....but you can resist.

 

[LoneLaugher]

Pelosi Jr. shouldn't worry.......Obama will pardon him right before exiting the WH. ..

The presidency of Ronald Reagan in the United States was marked by multiple scandals, resulting in the investigation, indictment, or conviction of over 138 administration officials, the largest number for any US president.


1 Iran-Contra Affair
2 Department of Housing and Urban Development grant rigging
3 Lobbying scandal
4 EPA scandals
5 Inslaw Affair
6 Savings & loan crisis
7 Debategate


DON'T WORRY, DUBYA'S DAD PARDONED SOME OF THEM, WONDER WHY?

Reagan administration scandals - Wikipedia, the free encyclopedia

Why take the easy route? This forum is bogged down by people deflecting. It can be stopped.

 

[J.E.D]

If he committed any crimes, and is found guilty, then he should be punished accordingly. /thread

 

[NYcarbineer]

If he committed any crimes, and is found guilty, then he should be punished accordingly. /thread

Pelosi is not even charged. This is an inept attempt at a smear.

 

[Dad2three]

We have the best Political WHORES MONEY CAN BUY.

The rewards of being related to them are endless.........................

Our we could be like Reid and give Campaign finance money to our kids. It's against the law, but who cares. Nothing will happen about it as always.................Because they control the law.

This happens on both sides of the Isle...............The TEA Party is attempting to take out some of the Trash in the GOP.................

Are the Dems going to get rid of Pelosi now........................And take out their Trash...........

I think not. They had no problem throwing out the Blue Dogs who dared NOT FOLLOW THE PARTY LINE..............

You can haven all the regulations imaginable on the books, but if there's only a token handful of underfunded regulators, then it's as if the fetters were neither attached nor locked, and piles of sawblades sitting around. That's the new American way of establishing unfettered capitalism.



Keynes wrote "The End of Laissez Faire" in 1926. He was correct then, and his insight remains more valid than any economics that conservative Libertarians propound ad infinitum and ad nauseum. Laissez Faire is nothing more than a childish Christmas wish of no substance; just hope and myth, and smoke and mirrors. Fails every time we try even the tiniest bit.

 

[J.E.D]

If he committed any crimes, and is found guilty, then he should be punished accordingly. /thread

Pelosi is not even charged. This is an inept attempt at a smear.

This is a LGS thread. The Queen of ODS. So, that's a given.

 

[1776]

Oh wait....I thought liberals didn't like making money, they be all about helping them poor black folks.....

 

[jknowgood]

Oh wait....I thought liberals didn't like making money, they be all about helping them poor black folks.....

They really don't, they take money from the working, and after they get what they want. Then they give the leftover to the black folk. Reminds me of the good ole slave days. The days democrats missed, so they started welfare.

 

[The T]

Oh wait....I thought liberals didn't like making money, they be all about helping them poor black folks.....

They really don't, they take money from the working, and after they get what they want. Then they give the leftover to the black folk. Reminds me of the good ole slave days. The days democrats missed, so they started welfare.

And started an entirely NEW form of SLAVERY.

 

[The T]

Paul Pelosi Jr., the son of House Minority Leader Nancy Pelosi (D., Calif.), was the president and chief operating officer of Natural Blue Resources Inc., an investment company he cofounded that focuses on “environmentally-friendly” ventures.

The SEC charged four individuals with fraud, including former New Mexico Gov. Toney Anaya, and suspended trading in the company’s stock. Pelosi owned over 10 million shares in the company in 2009.


The SEC said Wednesday the company was “secretly controlled” by James E. Cohen and Joseph Corazzi, both of whom had previous fraud convictions. Corazzi violated federal securities laws and was barred from acting as an officer or director of a public company. Cohen was previously incarcerated for financial fraud.
Gee's there's a fucking surprise.


Company co-founded by Nancy Pelosi's son charged with securities fraud - Washington Times

Non event in the minds of the Statist...just ask any of the leftists here on these boards that cry about events as this when "the other side" gets caught...but when their own get caught? Let the Blame, Minimization,Denial, and Obfuscations commence...oh? And did they tell you that their shit doesn't stink as well?

Good find.

 

[Katzndogz]

Pelosi Jr. shouldn't worry.......Obama will pardon him right before exiting the WH. ..

The presidency of Ronald Reagan in the United States was marked by multiple scandals, resulting in the investigation, indictment, or conviction of over 138 administration officials, the largest number for any US president.


1 Iran-Contra Affair
2 Department of Housing and Urban Development grant rigging
3 Lobbying scandal
4 EPA scandals
5 Inslaw Affair
6 Savings & loan crisis
7 Debategate


DON'T WORRY, DUBYA'S DAD PARDONED SOME OF THEM, WONDER WHY?

Reagan administration scandals - Wikipedia, the free encyclopedia

Why take the easy route? This forum is bogged down by people deflecting. It can be stopped.

Liberals always do this. They make false equivalencies to justify whatever wrongdoing they are doing. It's OKAY for Harry Reid's son to commit securities fraud. It's justified by some past wrongdoing by someone else. We can't stop democrat's committing securities fraud, they have a right to defraud because a republican did something wrong at some point in time. This is, of course, how lawlessness becomes rampant. Everyone is justified no matter what they have done, because someone else at some other time also did something wrong.