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Politics : PRESIDENT GEORGE W. BUSH
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To: MKTBUZZ who started this subject7/17/2002 4:52:24 PM
From: DuckTapeSunroof  Read Replies (2) of 769670
 
:) In 1990, I did something that looked A WHOLE LOT like insider trading. Under normal circumstances, I would have been fined a lot of money and suffered other penalties. However, my father--remember him?--happened to be president at the time. Yes, the president does appoint the S.E.C. Chief. And yes, the SEC did look the other way in my case: I was allowed to keep my $850,000 windfall from a VERY timely stock sale.

However, the S.E.C. DID NOT--I repeat: DID NOT--"clear" me. They determined that I had in fact broken the law FOUR TIMES. But they did not fine me or apply other penalties.

Now check this out: I've been saying for several days now that "I was cleared by the S.E.C." It was a lie, but I think enough time has passed without it being reported as a lie that we can safely say the lie never actually took place. Reporters have been repeating my very own words--that I "was cleared" by the S.E.C., even though I was not.

I'm very pleased and I hope we can all move on now to another topic...like THAT GOOD OLD WAR ON TERROR.

I know this all sounds too far out to be true, so here is a link to a nice report on the case:

public-i.org

The behavior of the press has been commendable. However, I hope that in the future they can go one step further and avoid putting me in positions in which I have to lie at all.

gwbush.com
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