Wednesday, March 02, 2005

A Bush Crime Family moment

As the flood of new contracts poured in, ESSI's stock soared. In January of 2005, it reached its all-time high of $60.39 per share. A few days before the stock hit this lofty peak, Uncle Bucky [W's uncle, William Bush] quietly exercised his option to sell 8,438 shares of ESSI stock. He walked away from that transaction with at least $450,000. The stock sale occurred a few days after ESSI announced that the Pentagon had awarded it $77 million in new contracts for the Iraq war and a few days before word leaked to the press that the company was under investigation for its handling of older Pentagon contracts. The timing of the trade was perfect.
Bob has more...

And I have more links to the Bush Crime family on my page here.

No comments:

Post a Comment

Comments are moderated. There may be some delay before your comment is published. It all depends on how much time M has in the day. But please comment!