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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: jlallen who wrote (47221)10/16/2000 4:25:55 PM
From: J.B.C.  Read Replies (1) | Respond to of 769667
 
Wow, I'm just truly amazed how this country has deteriorated. The military can no longer identify AWOL personnel, and put them in jail. The SEC can no longer identify inside traders and convict. On and on and on. Apparently no controlling legal authority can find George W. Bush and put him behind bars <g>.

Jim



To: jlallen who wrote (47221)10/16/2000 5:46:30 PM
From: American Spirit  Read Replies (2) | Respond to of 769667
 
Insider Trading and George W. Bush
A U S T I N, July 1-- The Securities and Exchange Commission defines insider trading as "Corporate officers, directors, and employees who traded the corporation's securities after learning of significant, confidential corporate developments". Bush sold $848,560 worth of Harken Energy stock on June 22, 1990, just one week before the company posted spectacular losses and the stock plunged sharply. When the losses were reported to the public on August 20, 1990, the stock plummeted.
According to documents from a two year investigation by the SEC, Bush served on the board of directors of Harken Energy Corporation and his position on a special Harken committee gave him detailed knowledge of the company's deteriorating financial condition. The SEC received word of Bush's trade ten months late.