To: jttmab who wrote (3578 ) 6/17/2001 2:40:13 PM From: jlallen Respond to of 93284 LA Times: Boxer 'Pocketed Tens of Thousands' in Energy Profits Saturday, June 16, 2001 1:39 p.m. EDT Bush energy policy critic Sen. Barbara Boxer, D-Calif., "pocketed tens of thousands of dollars" in "quick profits on active trading of energy stocks last year," reported the Los Angeles Times Friday. Boxer's energy jackpot included a killing of up to $50,000 from the sale of stock in Halliburton Co., the oil services company Vice President Dick Cheney ran at the time. Records show the California Democrat engaged in a flurry of highly profitable energy trades throughout last year, cashing in big time with investments in Duke Energy Corp., Diamond Offshore Drilling Inc. and El Paso Energy Corp., as well as Halliburton - while her state's electric rates and gasoline prices went through the roof. "She bought shares in energy companies in at least 66 transactions, and by the end of the year held stakes whose combined worth was estimated at between $126,000 and $355,000," the Times said. The energy-profiteering politician claimed Friday that she had no idea she was getting rich from businesses she'd bashed as price gougers, explaining that a financial adviser handles her investments. The fierce energy company critic promised to dump her energy stock portfolio. But Boxer said nothing about returning the ill-gotten gains to California consumers, who, she has argued in the past, have been victimized by the companies she invested in. Another oily Bush-bashing pol turns out to be the state's richest congressional representative, Rep. Jane Harman, who had the nerve to co-sponsor a bill against energy price gouging while racking up gains on her $350,000 investment in the Houston-based energy firm Enron. Like Boxer, Harman invoked the "financial adviser" excuse for cover, telling the Times she had no idea she was personally profiting from price gouging. Complying Thursday with Congress' financial disclosure rules, Harman reported total assets of between $107 and $297 milllion.