TBogg

No. No. Look over there!!…

Matt Drudge headline:

Arkansas Senator-Elect Housekeeper Signed ‘False Affidavit’

Story:

The woman now tells El Latino editor Michel Leidermann that she was indeed an illegal worker when employed by Pryor for about six months in 1999 and that she told his wife this at the time. She also says she made $70 a day for a day of work a week or more for six months, which could mean she earned enough to have required small tax payments by the Pryors. She says she was encouraged by Pryor in-laws to sign a statement absolving Pryor and that she did so because she was unnerved by being the center of controversy.

George Bush & Harken

Story:

What is the fuss over Mr Bush’s financial transactions?
On June 22 1990, George Bush, then a director with a company called Harken Energy, sold 212,140 shares for $848,000 (£548,100). Almost exactly two months later, on August 20, Harken announced a $23.2m loss, which caused its shares to drop to $2.375 from $3. The next day, Harken returned to $3, but fell to $1 at the end of 1990.

Did Mr Bush do anything wrong?
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. Bush supporters say that he did fully disclose the transaction, and that “half of corporate America was filing forms late at that time”.

How does Mr Bush explain the episode?
A decade ago, Mr Bush blamed the SEC, which he said had lost the forms he had filed. When the story resurfaced last week, the White House admitted that this had not been the case. Instead, White House spokesman Ari Fleischer blamed the delay on “a mix-up with the attorneys”, but could not shed light on how the confusion arose.

Just in case Matt needed a little perspective.

Previous post

Next post

TBogg

TBogg

Yeah. Like I would tell you....