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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (573802)6/26/2010 1:29:09 AM
From: i-node1 Recommendation  Read Replies (1) of 1577078
 
You mean the judge that is loaded up with oil, especially offshore, stocks?

Yeah, a real unbiased source that is.


Actually, the judge owned an immaterial amount of Exxon (about $15K/worth) which was SOLD before the hearing. He apparently had no other interests which might be directly affected by his ruling. He did own shares in Allis Chalmers but the relationship would be at most tangential.

Exxon's interest in the Gulf is absolutely immaterial to their financial position, and the fact that he dumped the shares before the hearing insulated him effectively and correctly from any charges of conflict of interests.

The bottom line is that he certainly isn't "loaded up" with such stocks and nobody could legitimately allege any conflict based on his holdings as they have been reported.

As usual, you are, FOS.
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