Posted on 06/15/2007 3:28:33 AM PDT by Sub-Driver
Clintons sell possibly troublesome stock
2 hours, 7 minutes ago
Hoping to avoid any possible conflict of interest, Sen. Hillary Rodham Clinton and her husband, the former president, liquidated a blind trust valued at $5 million to $25 million in April after learning that it included such investments as oil and drug companies and military contractors, her presidential campaign confirmed.
"As a presidential candidate, Senator Clinton was required to make her assets public. As a result, she had to dissolve her blind trust," Howard Wolfson, a senior Clinton adviser, said late Thursday. "Upon its dissolution, she and the president chose to go above and beyond what was required of them and liquidate their assets in order to avoid even the hint of a conflict of interest."
Those investments included several pharmaceutical companies, including Abbott Labs, Amgen, Genentech, Novartis, Pfizer and Wyeth, with assets in each company ranging from $100,001 to $250,000, The New York Times reported in Friday editions. Other assets included BP Amoco, Chevron Corp., Exxon Mobil Corp., Raytheon and Wal-Mart Stores Inc.
The Clintons sold the stock in April as they prepared to disclose their holdings under government ethics rules for presidential candidates, the Times said, adding that until getting ready to release the holdings in the blind trust, the Clintons did not know what stocks and other financial assets it contained.
They were to publicly disclose the assets on Friday, The Washington Post reported.
(Excerpt) Read more at news.yahoo.com ...
I shake my head at the self-deluding yuppies who vote with their hearts and feeeeeeeeeeeeelings. They are destroying us.
Barring some sort of miracle or disaster of multi-standard deviation proportions.
Yep “the Clintons make money while others pay ever increasing oil and gasoline prices. Women and Minorities are hurt the most as Clintons collect pad their account.”
Headlines we should but won’t see.
It is a little late for that isn't it?
They will buy the Chinese index - and some selected Chinese military contractors.
What hypocrites!
They should give the money back if they’re going to bash them relentlessly.
Huh?
They don't know whether it's worth $5 mil or $25 mil, or somewhere in between?
ML/NJ
Better to get out now before she has real power to drive the stock prices down down down.
Not very 'blind' is it...
I shake my head at the self-deluding yuppies who vote with their hearts and feeeeeeeeeeeeelings. They are destroying us.
What really, really amazes me is after all the scandals the Clinton's have thrust upon the American people, all the lies the Clinton's have told, all the obvious hints that they are both indeed avowed Socialists, and Hillary's constant references to Marxist ideology, there are STILL voters who would line up to put the Hildebeast in office!
Walmart? Exxon? Raytheon? God the hypocrisy.
She has to get rid of Exxon since she wants to nationalize it. No surprise the clintons are Liberacrites. Ok for the Inner Circle to make money but nobody else.
Pray for W and Our Troops
That must have hurt. Big Oil, military contractors, pharmaceuticals. All the stocks the Grifters could sell short right before they attacked them. Not that the Clintons would do anything like that.
“there are STILL voters who would line up to put the Hildebeast in office!”
Nothing “amazing” at all when you consider that HALF the American population receives some kind of government assistance every month while more than half of the American population pay NO FEDERAL INCOME TAX. Now you know why the ‘Rats want to “legalize” MILLIONS of illegal aliens.
The ‘Rats don’t give a ‘Rats’ arse about improving the lives of illegals.
It’s all about getting elected, reelected and POWER.
Who says Communism is dead.
Lenin & Stalin are somewhere in hell with one big smile on their faces.
“Liberalism is just Communism sold by the drink.”
P.J.O’Rourke
Not me. Communism has found a new home in the so-called "environmental (bowel) movement".....
The capital gains tax is going to hurt! Wonder how they will defer or avoid them.
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