Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (148017)	7/9/2002 10:53:41 PM
From: Dan3	Read Replies (1) of 1573434

Re: Mr. Bush repeatedly dismissed assertions that he had failed to properly disclose a 1990 stock sale, saying the criticism was nothing more than a political attack, although he acknowledged that he still did not know why the sale had not been disclosed as promptly as required by law. "I still haven't figured it out completely," Mr. Bush said in a late afternoon White House news conference..... At issue are 212,140 shares of Harken stock that Mr. Bush sold on June 30, 1990, for $4 a share, or $848,560, eight days before Harken finished its second quarter with a loss of $23.2 million. By August, the share price had fallen to $2.37. Today Mr. Bush said that by his accounting, he had actually lost money on the sale. "I sold the stock at 4, and 14 months later — you know, the holding period for capital gains I think was 12 months in those days — the person who bought my stock could have sold it for $8. Harken's currently trading for $0.46. So now how long should he go to jail for?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next