- Don't let Bush fool you, he's as slimy a businessman
as any that ran Enron.
-
- Harken Energy Corporation Internal Documents
- October 31, 2002
-
- "The documents the Center [for Public Integrity]
has obtained do not unambiguously resolve the question of what Bush knew
about the sale of the Aloha subsidiary."
- http://www.public-i.org/dtaweb/report.asp?ReportID=
450&L1=10&L2=10&L3=0&L4=0&L5=0
-
- Board was told of risks before Bush stock sale
- October 30, 2002
-
- "One week before George W. Bush's now-famous sale
of stock in Harken Energy Corp. in 1990, Harken was warned by its lawyers
that Bush and other members of the troubled oil company's board faced possible
insider trading risks if they unloaded their shares."
- http://www.boston.com/dailyglobe2/303/nation/Board
- _was_told_of_risks_before_Bush_stock_sale+.shtml
-
- Harvard invested heavily in Harken
- October 30, 2002
-
- "Back then there was relatively little focus on
one major reason for the loss: Harvard Management's large and ill-timed
bet on little-known Harken Energy Co., whose board included George W. Bush,
then the son of the US president and now the president himself. Even as
losses mounted, Harvard Management bailed out the troubled company, first
by splitting up Harken and then by sheltering Harken's liabilities in a
partnership"
- http://www.boston.com/dailyglobe2/303/nation/
- Harvard_invested_heavily_in_Harken+.shtml
-
- Bush Oil Firm Did Enron-Style Deal - Report
- October 9, 2002
-
- "President Bush's former oil firm formed a partnership
with Harvard University that concealed the company's financial woes and
may have misled investors, a student and alumni group said in a report
on Wednesday."
- http://story.news.yahoo.com/news?tmpl=story&
- u=/nm/20021009/bs_nm/bush_harvard_dc_6
-
- Memos: Bush knew of Harken's problems
- July 12, 2002
-
- "When President Bush sold more than 200,000 shares
in Harken Energy Corp. in June 1990, he said he did not know the company
was in bad financial shape. But memos from the company show in great detail
that he was apprised of how badly the company's fortunes were failing before
he sold his stock -- and that he was warned by company lawyers against
selling stock based on insider information."
- http://www.salon.com/politics/feature/
- 2002/07/12/harken/index_np.html?x
-
- Bush: Don't do as I did. President's proposals would
bar type of loans he got from Harken Energy
- July 11, 2002
-
- "President Bush borrowed money from oil company
Harken Energy Corp. while he was a member of its board, a practice he condemned
this week as part of his plan to curb corporate abuse and fraud, the White
House acknowledged Thursday."
- http://money.cnn.com/2002/07/11/news/bush_loan/
-
- Bush and Harken Energy
- July 10, 2002
-
- "Although the law requires prompt disclosure of
what are called insider sales, or sales by senior executives, Mr Bush did
not inform the securities and exchange commission (SEC), the US market
regulator, until 34 weeks later. So technically Mr Bush was at fault."
- http://www.guardian.co.uk/bush/story/0,7369,752706,00.html
-
- Bush and Lay: A Common Pattern of Stock Dumps?
- February 2, 2002
-
- "In June of 1990, Bush sold two-thirds of the Harken
stock he had received in the Spectrum 7 deal--and collected $318,430 more
than it was worth when he first obtained it. Get low, sell high? Anything
wrong with that? The month before this sale, Harken appointed Bush to a
committee to determine, as Ivins and Dubose put it, "how restructuring
[of the firm] would affect ordinary shareholders." According to Ivins
and Dubose, who note the previous reporting work of "U.S. News and
World Report," when Bush served on this committee, he was privy to
information indicating the company was in trouble. He then dumped his stocks
before this news became public. "U.S. News" concluded that at
the time of the sale there was "substantial evidence to suggest that
Bush knew Harken was in dire straits.""
- http://www.thenation.com/capitalgames/
- index.mhtml?bid=3&pid=11
-
- Bush Name Helps Fuel Oil Dealings
- July 30, 1999
-
- "By the end of September 1986, the deal was done.
Harken assumed $3.1 million in debts and swapped $2.2 million of its stock
for a company that was hemorrhaging money, though it had oil and gas reserves
projected to produce $4 million in future net revenue. Harken, a firm that
liked to attach itself to stars, had also acquired Bush, whom it used not
as an operating manager but as a high-profile board member."
- http://www.washingtonpost.com/wp-
- srv/politics/campaigns/wh2000/stories/bush073099.htm
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