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Politics : The Donkey's Inn

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To: Raymond Duray who wrote (4205)7/8/2002 6:07:13 PM
From: Mephisto  Read Replies (1) of 15516
 
I wonder if a member of the audit committee would know if the company was going to post a loss. I found this letter in the Los Angeles Times .

LETTERS TO THE EDITOR, July 8
Bush Stock Sale: Late Filing Not the Only
Issue


Re "Bush Filing Given a New Explanation" and "A
Small Matter, but Bush's Responsibility, Experts
Say," July 4: It seems to me that your articles on
President Bush's stock trading in Harken Energy
Corp. missed the point. While you focus on the
lighter issue of his Securities and Exchange
Commission filings, the issue of insider trading is
almost ignored. The SEC said it did not appear that
Bush was trading on inside information. Yet he sold
two-thirds of his holdings shortly before a negative
announcement was made public. He would certainly
have known the negative information as a member
of Harken's board of directors.

I would like to see some reporting on this
investigation of a man whose father, as president,
was in charge of the investigators.


Dan Jordan Long Beach

latimes.com
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