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We need to revisit Bush*'s business history

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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-20-04 10:44 AM
Original message
We need to revisit Bush*'s business history
This site is very valuable for information on Bush*'s previous business dealings. we need to revisit this information and see if we can get some mainstream Media to also revisit Bush*'s business history.

http://www.paksplace.com/profile-bush.htm
Bush the Inside Trader - Dubya Dumps His Harken Stock

On June 22, 1990 Bush sold 212,140 shares (66%) of Harken stock, which was valued at $4 per share; two months before Harken announced losses in its results for the June 30 quarter.
The value of Harken's stock fell to $2.37 per share immediately following the announcement of losses and was trading at only $1 by the end of the year

Before selling his stock, Bush was informed that the firm was suffering a cash "crisis."
According to the Associated Press, "As a Harken director, he received memos in spring 1990 that referred in stark terms to the company's cash-strapped condition as banks demanded it pay down its debts.
One document said the company was in the midst of a 'liquidity crisis' and another told Bush the company was 'in a state of noncompliance' with its lenders.'

Dubya Tries To Hide Big Rip-Off Profit

Bush's sale of Harken stock returned nearly $850,000 - a 200% profit but he failed to report the transaction until March of 1991 a violation of SEC rules.
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michigandem2 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-20-04 10:46 AM
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1. he ran many businesses into the ground and
when he was SELECTED to run the country he ran that into the ground as well..its something we should be SHOUTING every damn day...
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Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-20-04 11:23 AM
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2. Kick
There is an awful lot of ammunition here folks.
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