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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Smart_Money who wrote (88634)6/30/2002 3:56:39 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
Gee SM, I don't know, but I have a feeling that the answer might fall into that forbidden zone -- you know, the one that starts with a "P." Call me chicken, but I'm not going to touch the question with a ten foot pole. (Don't want to get Dad mad at us on a weekend -- I hate to start the new week with my stomach churning more than necessary.) <GGGG>



To: Smart_Money who wrote (88634)6/30/2002 4:25:53 PM
From: Win-Lose-Draw  Read Replies (2) | Respond to of 99280
 
Come on, these clowns can't be serious, how can shrub and pitt expect anyone to take them seriously when the former CEO of Halliburton just spent the day playing President?



To: Smart_Money who wrote (88634)6/30/2002 10:49:43 PM
From: T L Comiskey  Read Replies (2) | Respond to of 99280
 
GWB+SEC=....????

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". On June 22, 1990, George sold $848,560 worth of Harken Energy stock, 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 after the fact.

The SEC states, "Because insider trading undermines investor confidence in the fairness and integrity of the securities markets, the Commission has treated the detection and prosecution of insider trading violations as one of its enforcement priorities".