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

To: Skywatcher who wrote (312886)	10/31/2002 9:20:12 PM
From: DuckTapeSunroof	Respond to of 769667

Re: "...But the SEC investigation apparently never examined a key issue raised in the memo: whether Bush's insider knowledge of a plan to rescue the company from financial collapse by spinning off two troubled units was a factor in his decision to sell." "...During the SEC investigation, Bush's lawyer was asked by the SEC what advice was given to Bush about selling. The Bush lawyer told the SEC that no objection to the sale was made by Harken's law firm. ''Haynes and Boone informed [Bush] that they had met internally to consider the issue and, based upon the information they had, they saw no reason why Bush could not sell his shares,'' the SEC report said." "The summary was released a day before the agency received the legal memo in which Harken and Boone offered much more cautious advice to Bush and the board. Jordan could not be reached to discuss the apparent conflict. The SEC investigators also declined to comment." >>> Standard "hands off" treatment for a Fortunate Son meted out by regulators appointed by his father. Minor irregularities, misdemeanors and felonies are handled as opportunities to invest in the careers of politicians, not as the violations of public trust they would be called if attributed to less well-connected individuals. >>> Classic example of the 'good ole boy network'... and how the political 'favor bank' works in American politics.