Who bought Bush's stock in problem-plagued oil company and why?

Associated Press ^ | 7-12-02 | PETE YOST

[Oldeconomybuyer]

WASHINGTON (AP) --

[Clara Lou]

Bush's $600,000 stake in the Rangers in 1998 brought him $14.9 million when the team was sold.
What, exactly, does this little remark at the end have to do with the Harken stock sale in 1990? Assassination by innuendo.

[cactusSharp]

yost failed to mention it later went to 8 bucks

[housethatruthbuilt]

sounds like a good trade

[bandleader]

That's Exactly Right!"Assassination By Inuendo"!!!

[Clara Lou]

Cactus-- this article is nothig but inuendo. There were so many points in it that are just outrageous, I didn't know where to start.

housethattruthbuilt: I'm not quite sure how to take your remark. Are you insinuating that Bush did the trade in 1990 knowing that he would make millions on the Ranger sale in 1998? If so, may I remind you that the Rangers were a nothing team when Bush bought in? Buying in was no sure deal for Bush.

[Williams]

The fact that his Rangers investment was a phenomenal success indicates that the view of Bush as a failure who always needed bailing out is erroneous. This question of the buyer's identity was merely a way of running the same story again.

When I see them examining Maxine Waters writing to Fidel Castro to urge him NOT to extradite a killer who assassinated a NJ State Trooper, calling the killer a "freedom fighter," then I might start to give credence to their analysis of George Bush's record. We are talking about the same leftist media that ran front page accusations that George Bush Sr. was a WWII war criminal.

[mrsmith]

Pete Yost _{TM DNC} duly twists the story for his masters:
"Smith said he then made a couple of "cold calls" to people who owned Harken stock, including Bush"

Wash Post: "Smith said he called other Harken officials before calling Bush on June 9, 1990. "I had no takers until I got to him," Smith said. "It was just like a shot out of the blue." "
Wash Post July 30, 1999

"Bush failed to notify the SEC once the stock actually was sold, as required by law"
Wash Post: "Supporting Bush, the head of the SEC's enforcement division, William McLucas, went beyond the letter and stated publicly that "there was no case there." ... McLucas said the investigation was handled "the same way we would handle any inquiry as to [insider] trading or delinquency in reports," but such matters are usually not accorded high priority. ... "

The illegal leaks to Pete Yost_{TM DNC} during the Clinton impeachment have paid off handsomely for both the DNC and their little Petey.
He got promoted for using the illegal leaks to control the impeachment coverage and the DNC got even greater control of America's media.

publicintegrity.org rewards and celebrates the corruption of our press- what greedy cynical scum.

[Dog Gone]

I think we can assume that "Lee" is some direct decendent of Robert E. Lee, which means that Bush made a deal to sell his stock to someone who is undoubtedly a white supremacist.

Bush was financed by the KKK, without question.

Hey, I just wrote Paul Krugman's next column for the New York Times!

[housethatruthbuilt]

i am saying the trade worked out well for him. the writer threw it in there to insinuate something. my reaction was "nice trade" (especially when you consider that most, especially then, buy teams as a goof, like a toy)

[Clara Lou]

That's what I hoped/thought you meant-- just wasn't sure.

[alloysteel]

Whoever it was that bought the stock, if held for long enough to gain favorable treatment for tax purposes, made out OK. And if it was some damfool day trader, those gamblers get, in large part, most of what they deserve.

And why does no one bring up who bought the interests in the Rangers when Dubya sold his? That is probably even more meaningless than the Harken deal.

[housethatruthbuilt]

the other thing that struck me with this and other similar articles is the whole "bush has been investigated over and over and nothing has been found, but there must be something, there just has to be...no fair" tone. comical.

[grania]

The fact that his Rangers investment was a phenomenal success indicates that the view of Bush as a failure who always needed bailing out is erroneous

He sold stock in the oil company because he wanted to own a Baseball team...yeah, that works. Most guys I know would buy a baseball team if they could.

[andy_card]

Who bought Harken stock?

Don Evans. That information should please the liberal presstitutes.

[Ben Ficklin]

The increase in value of the Ball Club had mainly to do with the fact that the voters in Arlington approved a temporary sales tax and the city built the new stadium with many sky boxes and Club owner rights to develop the surrounding properties. It was a good investment for the city and the stadium was paid of early. It also didn't hurt to have Nolan Ryan on the pitching staff.

[Ben Ficklin]

You are wrong about Don Evans, it was actually Anne Richards.

[andy_card]

You are wrong about Don Evans, it was actually Anne Richards.

lol. I wish that were true. Unfortunately, I'm not at all joking.

[Texagirl4W]

Sounds like a good business deal to me. Who is in it to lose money? We buy and sell to make money. Furthermore, I'll bet that if he didn't have to sell his share in the Rangers (my favorite team) for politics, he would still be a partner.

[Ben Ficklin]

Of course you know that is highly illegal to make such a statement here with out the proper documentation.