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Politics : PRESIDENT GEORGE W. BUSH

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To: Raymond Duray who wrote (258666)5/25/2002 11:35:22 PM
From: greenspirit  Read Replies (2) of 769667
 
Fact Corrected from your post: In 1990 Bush sold most of his Harken shares for $835,000 about two months before Harken announced a big loss. That triggered an investigation by the Securities and Exchange Commission into possible insider trading by Bush, but the SEC took no action.

Bush sold for $4 a share. Harken stock did dip to $2.38 the day after the bad earnings were released, but four days later bounced right back to $4 a share, exactly what Bush had been paid.

The stock kept rising after that: "A year later, the value had doubled to $8 a share."

Cheney fact is a red herring insinuation. Oil Company executives probably have to trade with every middle eastern country in order to stay in business.
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