http://www.guysfromqueens.com Here is a Tip on getting Mobile Hotspot/ USB Teathering to work on the Samsung Galaxy Nexus Verizon. There is no need to do Rooting to get this to work. This is not a Hack just a simple app for the phone !
I do not advise doing this.I personally do not know if Verizon has any way of knowing you are using your phone as a Hotspot and it might be against its Terms of Service. This is only for Tester / Trial purposes.