U.S. Army 2nd Lt. Kurt Shingledecker gets his bearings after leaving a helicopter while participating in an air assault mission conducted around the city of Mahmudiyah, Iraq, July 3, 2008.
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Lawmakers prosper despite economic slump
By: News Bites | Submitted on: 06/17/08(SGT NEWS BITE) - House leaders are doing well financially during this economic slump. Their lucrative investments and, in many cases, well-compensated spouses supplement their House salaries.
Speaker Nancy Pelosi, D-Calif., one of the wealthiest members of Congress, and her real estate-magnate husband Paul Pelosi spent between $1 million and $5 million to buy the home they'd been living in on San Francisco's Broadway. They also own a vineyard in St. Helena, Calif., worth between $5 million and $25 million and a town house in Norden, Calif., valued between $1 million and $5 million, according to annual financial disclosures released Monday.
The Pelosis also took in rental income of as much as $5 million on five separate commercial properties in the San Francisco Bay area.
Link to full article (opens in new window)
Speaker Nancy Pelosi, D-Calif., one of the wealthiest members of Congress, and her real estate-magnate husband Paul Pelosi spent between $1 million and $5 million to buy the home they'd been living in on San Francisco's Broadway. They also own a vineyard in St. Helena, Calif., worth between $5 million and $25 million and a town house in Norden, Calif., valued between $1 million and $5 million, according to annual financial disclosures released Monday.
The Pelosis also took in rental income of as much as $5 million on five separate commercial properties in the San Francisco Bay area.
Link to full article (opens in new window)
News Bites are short one or two paragraph excerpts of external news articles with links to the original source.
