PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Raymond Duray who wrote (273184)	7/11/2002 2:56:55 AM
From: Arthur Radley	Read Replies (1) of 769670

The StoneWalling Begins....and what was it Shrub said Monday to the questioner...something about get the director's report and find the answer....and now this: "SEC PROBE Vice President Cheney also is receiving unwanted attention to his corporate past. The SEC is investigating an accounting practice begun by Halliburton Co., the Dallas-based energy services company, when Cheney was chief executive before joining Bush’s campaign ticket. Also yesterday, the White House refused to release records of Bush’s service on Harken’s board. Bush had pointed to those records during a news conference on Monday when asked about his role in the sale of a subsidiary. The transaction later was used by Harken to mask losses. “You need to look back on the director’s minutes,” Bush said. Bartlett said the administration does not have the minutes and does not plan to ask Harken for them. “He personally would not have access to them,” Bartlett said. “These are company documents. I can’t release something I don’t have.” Harken has declined to release board records ever since questions about Bush’s record on the board were raised during his first campaign for Texas governor, in 1994. Bartlett also said the White House would not accept a challenge by Senate Majority Leader Thomas A. Daschle (D-S.D.) on Sunday to ask the SEC to make public the records of its investigation into whether Bush had engaged in illegal insider trading of Harken stock. Daschle said on CBS’s “Face the Nation” that Bush would do well to ask the SEC to release the file. “We’ve had different explanations as to what actually occurred,” Daschle said. “I think that would clarify the matter a good deal.” Bartlett said Bush will not do that. “Those are documents in the possession of an independent regulatory agency,” Bartlett said. “I’m not in a position to call on them to do that. We’ve made available every relevant document we have in our possession.” Administration officials said they would take the same position about an SEC investigation that resulted in Harken’s restating its earnings to show a $12.6 million loss for a quarter instead of an earlier reported loss of $3.3 million. Bush was a member of the board’s audit committee.

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