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

To: George Coyne who wrote (242214)3/26/2002 10:45:15 AM
From: Ish  Respond to of 769670
 
<<No, Dem Chairman of DNC got pre-IPO stock for ???????. Bush got stock for speech when it was publicly traded, but cheap.>>

Right, the DNC guy bought it @ $0.50 a week before it went public @ $16. Bush got his at the market price and actually discounted his speaking fee by 20%.



To: George Coyne who wrote (242214)3/26/2002 11:08:48 AM
From: DavesM  Respond to of 769670
 
re:"No, Dem Chairman of DNC got pre-IPO stock for ???????. Bush got stock for speech when it was publicly traded, but cheap"

corpwatch.org

I believe they both got pre-IPO stock. According to its thread on SI, the IPO was in mid August 1998. President Bush (41) gave his speech to Global Crossing 6 mo before the IPO.


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