“Anaya and Perry each deferred to Cohen and Corazzi in derogation of their responsibilities.”SEC: Environmental investment company Natural Blue Resources run by criminals“Cohen and Corazzi concealed their involvement through a so-called ‘consulting’ agreement, but their influence over the issuer spread much further,” said Andrew J. Ceresney, director of the SEC’s Enforcement Division. Volunteer for Democratic Party in San Francisco, CA, early 1970s; managed a 1976 Maryland primary race for Democrat presidential hopeful Jerry Brown; chaired California Democratic Party, 1981–83; elected by special election to the U.S. House of Representatives from California's Eighth Congressional district, 1987, and re–elected every two years; elected minority whip by House Democrats, October, 2001, and minority leader, November, 2002.Pelosi's rival for the job was a more centrist Democrat, Martin Frost of Texas, but Frost dropped out after Pelosi held a news conference and declared she had 105 commitments from House Democrats to confirm her as minority leader. Paul Francis Pelosi Sr. is an American businessman and the husband of American politician Nancy Pelosi, who is the incumbent Speaker of the United States House of Representatives, since January 2019. Paul Francis Pelosi Sr. (born April 15, 1940) is an American businessman. Anaya, who was Governor of New Mexico from 1983 to 1987, and Perry “misled investors by failing to disclose that Cohen and Corazzi were running the company in spite of their criminal or disciplinary histories,” the SEC said.“It appears to the Securities and Exchange Commission that there is a lack of current and accurate information concerning the securities of Natural Blue Resources, Inc. because it has not filed any periodic reports since the period ended September 30, 2010,” Peterson said, in the order announcing suspension of trading.Pelosi and Natural Blue Resources could not be reached for comment.The SEC suspended trading in Natural Blue stock. A notice filed in the Federal Register on Wednesday by Jill M. Peterson, assistant secretary of the SEC, revealed that the company has not filed any periodic reports, which are required by law, with the SEC in four years.“Natural Blue and its officers attempted an end-run around the rules designed to prevent recidivists from getting their hands on the controls of public companies,” said Paul Levenson, director of the SEC’s Boston Regional Office.However, the Mountain View Telegraph cited Pelosi as Natural Blue’s president last year, and Anaya was still leading the company as chairman and CEO at this time.Cohen and Corazzi said they were “outside consultants,” but according to the SEC, they actually controlled Natural Blue’s business decisions “without disclosing their past brushes with the law to investors.” The pair made hundreds of thousands of dollars off the company.The SEC said Wednesday the company was “secretly controlled” by James E. Cohen and Joseph Corazzi, both of whom had previous fraud convictions.

He is married to the current U.S. House speaker, Nancy Pelosi. Perry also settled with the SEC, agreeing to pay $150,000 fine, and permanently banned from serving as an officer or director of a public company and from participating in any offerings of penny stock.There is some dispute over Paul Pelosi’s current connection to the company.The SEC said Natural Blue made “various material misrepresentations about the company, its contracts, and its anticipated revenue in a February 2011 press release as well as on a website and verbally to investors.” Pelosi was also racking up points among the Democratic Party leadership as a skilled fund–raiser and tireless cross–country campaigner; in the 2002 election year, she was credited with bringing in some $8 million to Democratic Party coffers.

Political analysts initially considered Pelosi a surprising choice for the post, whose task it is to unite House Democrats along a consistent party line.

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