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

To: Thomas A Watson who wrote (271441)	7/8/2002 5:08:15 PM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 769670

Re: "The SEC probe was limited to whether Bush had inside knowledge of the red ink that would be reported in the August filing and concluded that he did not." >>> Exactly, the SEC (headed by his father's ex lawyer) did not look into the use of shell subsidiaries by Harken to phony-up their reported numbers... exactly the same illegal technique that caused Enron to meltdown. >>> Which is the issue my post was addressing, not the 'paper-work shuffling' issue of his filing late... which is what you mistakingly seem to think I was talking about. Read it again: "That $10 million phantom profit hid three-quarters of the company's losses in 1989. White House aides have played down the significance of this maneuver, saying $10 million isn't much, compared with recent scandals. But for Harken's stock price — and hence for Mr. Bush's personal wealth — this accounting trick made all the difference." Corporate piety and the Bush boomerang: Message 17706496 Unsavory in Texas - Good Work if you can Get It: Message 17706512 Harken's fake profits dozens larger than Whitewater land deal: Message 17702630