Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (148134)	7/12/2002 12:20:53 PM
From: TimF	Read Replies (1) \| Respond to of 1572955

By law, he was required to do all those things.......so what? So the case boils down to a technical violation of late filing of a form. I call it a technical violation because the substantive reason for the regulation (allowing investors or potential investors to know about insider purchases and sales) was met by filing the first form. It is more similar to filing your taxes late then it is to securities fraud. First, you can't really believe that this company was so big that that kind of info was kept from being passed around? Secondly, he was on a committee to determine what could hurt share value....you don't think potential losses would not have been an issue important to this committee of two? The information had not been available to anyone for that long. It certainly would have gotten around the company in time, but there is no evidence that Bush had the information at the time of the sale. And his father as President had appointed the Director of the SEC. Don't beat around the bush (no pun intended). Are you or are you not accusing the director at the time of quashing an investigation for political reasons? Tim