In what we can all be sure is just an amazing, one-in-a-million coincidence, Paul Pelosi — yes, Nancy Pelosi’s husband — sold half a million dollars worth of Visa stock just before the Department of Justice filed an antitrust lawsuit against Visa.
Nancy Pelosi’s husband unloaded more than $500,000 worth of Visa stock — less than three months before the credit card giant was slapped with federal antitrust charges, public documents show.
Visa was hit with a lawsuit on Tuesday that alleged the company has illegally monopolized the debit card market — the culmination of a years-long review conducted by the Justice Department’s antitrust unit.
Visa allegedly used its dominant market position to penalize customers and merchants who use competing payment processors, according to court papers.
Regarding Visa, well, that’s as may be — there are alternatives (MasterCard is still…
