Friday, July 16, 2004

Justice and Liberty for All



Published on Saturday, March 13, 2004 by the Brattleboro Reformer (Vermont)

Little Martha and Big George

by Stephen F Minkin 

On March 6, 2004, the New York Times published an editorial entitled “Courtroom Tales of Martha’s Lies…”. It states that her persecution “was not about unfairly targeting a celebrity defendant but about enforcing the transparency of the financial markets.” The Times also commented on how “the trial depicted a cozy world where insiders routinely use their wealth and connections to benefit from insider information.”

Isn’t that the American way? In June 1990, George W. Bush sold 200,000 shares of Harkin Energy stocks while he sat on the oil company’s board as a member of its audit committee. He unloaded his shares before the price plummeted and while outside investors were unaware of the company’s desperate situation. Mr. Bush later blamed his lawyers and the “loss of documents” by the Securities and Exchange Commission when it was discovered that he failed to disclose the $848,560 sale within the time required by law. He used most of the proceeds to pay off a loan he had taken out the previous year to buy a partnership interest in the Texas Rangers baseball team. The SEC, suspicious about the timing of these events, opened and then abruptly closed its investigation. A letter to his lawyers informed the future president that the decision to end the investigation should “in no way be construed” as exonerating him. George Bush Sr. was then president while the SEC Chairman was a family friend and sometime legal advisor.
 
Martha Stewart was convicted of an attempted cover-up. She had taken for granted the fact that American aristocrats now and then bend the rules governing insider-trading. Her crime, however, pales in comparison with what we already know about the President’s and his Vice President’s abuses of privilege for self protection and the pursuit of wealth. Mr. Cheney ran the Halliburton Corporation when the company reportedly bribed Nigerian officials for lucrative oil-related contracts. He continues to hide the minutes of the so-called “Energy Taskforce”, a convocation of plugged in, insiders who have chosen to remain anonymous.

It will be interesting to see if John Kerry and the media challenge Mr. Bush on Martha Stewart. Will they ask him to spell out how his activities at Harkin Energy differ legally and ethically from the insider-trading and attempted cover-up by the queen of image and good taste. Ms Stewart, according to the findings of a jury, attempted to conceal the truth about dumping ImClone stocks following an illegal tip from her broker that the president of the company was dumping his shares. If Mr. Bush as a board member knew the precarious nature of Harkin’s finances when he sold his shares, he would be guilty of defrauding clueless investors .
Ms. Stewart’s misfortunes are focusing attention on insider-trading. This may help shed light on the murky abuses of those who are not only rich and famous but also truly powerful. It is clear that the President, an insider, profited from the sale of his Harkin shares while outsiders who invested in the company lost millions of dollars. Even a Dick Cheney cannot hide these well known facts.
 
The burning question is, was George W. Bush also able to use the full force and power of the SEC chairman and/or his father’s presidency to save his own neck from prosecution? It is time for the SEC to release all documents pertaining to the agency’s decision to end the investigation of what the President knew before he unloaded his Harkin Energy shares. Otherwise we are left with a nearly palpable impression that, compared to the cover-up of the President’s insider-trading, Martha Stewart’s misdeeds are really small change.


15 Comments:

Blogger oakleyses said...

true religion jeans, louis vuitton outlet, ray ban sunglasses, oakley sunglasses, tory burch outlet, louis vuitton outlet stores, michael kors outlet, jordan shoes, polo ralph lauren outlet, chanel handbags, tiffany and co, burberry outlet, coach outlet store online, prada outlet, kate spade handbags, air max, longchamp outlet, burberry outlet, air max, gucci outlet, michael kors outlet, michael kors outlet, coach factory outlet, louis vuitton, tiffany and co, longchamp handbags, coach purses, michael kors outlet, ray ban sunglasses, polo ralph lauren outlet, prada handbags, louboutin, michael kors outlet, kate spade outlet, louboutin, nike free, louis vuitton outlet, louis vuitton handbags, nike shoes, true religion jeans, oakley sunglasses, christian louboutin shoes, michael kors outlet, louboutin outlet, coach outlet, longchamp handbags, oakley sunglasses cheap

November 20, 2014 at 4:23 PM  
Blogger oakleyses said...

lululemon, timberland, true religion outlet, nike trainers, air jordan, polo ralph lauren, vans pas cher, louis vuitton uk, sac louis vuitton, abercrombie and fitch, nike free, michael kors, louis vuitton, mulberry, air force, michael kors, vanessa bruno, true religion outlet, nike roshe run, longchamp, sac guess, louboutin, air max, ray ban pas cher, air max, converse pas cher, north face, sac louis vuitton, sac burberry, ralph lauren, barbour, michael kors pas cher, air max pas cher, ray ban sunglasses, hollister, nike roshe, new balance pas cher, north face, nike tn, polo lacoste, nike free pas cher, sac longchamp, oakley pas cher, hogan outlet, nike air max, hollister, nike blazer, sac hermes

November 20, 2014 at 4:30 PM  
Blogger oakleyses said...

canada goose uk, uggs outlet, uggs outlet, soccer shoes, ugg pas cher, ghd, herve leger, jimmy choo outlet, vans shoes, wedding dresses, p90x, canada goose, reebok outlet, rolex watches, nike roshe run, canada goose, beats by dre, mcm handbags, giuseppe zanotti, birkin bag, bottega veneta, lululemon outlet, babyliss pro, mont blanc, celine handbags, ferragamo shoes, nike huarache, canada goose, abercrombie and fitch, canada goose outlet, insanity workout, marc jacobs, longchamp, new balance shoes, mac cosmetics, canada goose jackets, north face outlet, ugg australia, ugg boots, soccer jerseys, ugg boots, ugg, north face jackets, chi flat iron, ugg boots, asics running shoes, nfl jerseys, hollister, valentino shoes, instyler

November 20, 2014 at 4:34 PM  
Blogger oakleyses said...

canada goose uk, uggs outlet, uggs outlet, soccer shoes, ugg pas cher, ghd, herve leger, jimmy choo outlet, vans shoes, wedding dresses, p90x, canada goose, reebok outlet, rolex watches, nike roshe run, canada goose, beats by dre, mcm handbags, giuseppe zanotti, birkin bag, bottega veneta, lululemon outlet, babyliss pro, mont blanc, celine handbags, ferragamo shoes, nike huarache, canada goose, abercrombie and fitch, canada goose outlet, insanity workout, marc jacobs, longchamp, new balance shoes, mac cosmetics, canada goose jackets, north face outlet, ugg australia, ugg boots, soccer jerseys, ugg boots, ugg, north face jackets, chi flat iron, ugg boots, asics running shoes, nfl jerseys, hollister, valentino shoes, instyler

November 20, 2014 at 4:34 PM  
Blogger oakleyses said...

air max, parajumpers, louboutin, moncler, swarovski, hollister, hollister clothing store, moncler, pandora charms, ugg, toms shoes, swarovski crystal, hollister, coach outlet store online, louis vuitton, moncler, moncler outlet, thomas sabo, ray ban, moncler, canada goose, gucci, ralph lauren, juicy couture outlet, converse, ugg, links of london, oakley, air max, supra shoes, canada goose, moncler, wedding dresses, moncler, timberland boots, baseball bats, pandora charms, vans, juicy couture outlet, rolex watches, karen millen, lancel, converse shoes, iphone 6 cases, montre homme, pandora jewelry

November 20, 2014 at 4:34 PM  
Blogger oakleyses said...

louis vuitton, prada outlet, ray ban sunglasses, burberry handbags, nike outlet, jordan shoes, burberry outlet, christian louboutin shoes, nike free, gucci handbags, christian louboutin outlet, christian louboutin uk, tory burch outlet, uggs outlet, louis vuitton, uggs outlet, replica watches, uggs on sale, tiffany and co, louis vuitton outlet, polo ralph lauren outlet online, michael kors outlet store, oakley sunglasses, michael kors outlet online, longchamp outlet, prada handbags, ugg boots, oakley sunglasses wholesale, replica watches, ugg boots, michael kors outlet online, tiffany jewelry, oakley sunglasses, michael kors outlet online, michael kors outlet, michael kors outlet, louis vuitton outlet, christian louboutin, longchamp outlet, polo outlet, longchamp outlet, louis vuitton outlet, ray ban sunglasses, nike air max, nike air max

September 11, 2015 at 6:19 PM  
Blogger oakleyses said...

michael kors outlet, nike blazer pas cher, sac vanessa bruno, kate spade outlet, michael kors, air max, new balance, louboutin pas cher, true religion outlet, north face uk, sac hermes, true religion outlet, north face, coach outlet store online, hollister pas cher, guess pas cher, lululemon canada, coach outlet, michael kors, true religion outlet, nike roshe, burberry pas cher, nike free run, jordan pas cher, hollister uk, ray ban uk, coach outlet, nike air max, vans pas cher, ray ban pas cher, polo lacoste, coach purses, kate spade, polo ralph lauren, michael kors pas cher, sac longchamp pas cher, longchamp pas cher, oakley pas cher, nike tn, timberland pas cher, true religion jeans, chanel handbags, hogan outlet, nike air force, converse pas cher

September 11, 2015 at 6:24 PM  
Blogger oakleyses said...

abercrombie and fitch uk, nike free uk, nike air max uk, reebok outlet, mac cosmetics, hollister, north face outlet, nike air max uk, mcm handbags, bottega veneta, lululemon, nike trainers uk, vans outlet, ferragamo shoes, nike roshe run, mulberry uk, herve leger, jimmy choo outlet, ghd hair, nike huaraches, soccer jerseys, celine handbags, valentino shoes, mont blanc pens, longchamp uk, p90x workout, hollister clothing, insanity workout, hermes belt, nfl jerseys, wedding dresses, instyler, north face outlet, baseball bats, babyliss, ralph lauren uk, new balance shoes, soccer shoes, abercrombie and fitch, nike roshe run uk, nike air max, chi flat iron, giuseppe zanotti outlet, asics running shoes, beats by dre

September 11, 2015 at 6:29 PM  
Blogger oakleyses said...

supra shoes, coach outlet, louis vuitton, pandora jewelry, gucci, replica watches, ugg,uggs,uggs canada, hollister, michael kors handbags, timberland boots, vans, converse outlet, ugg pas cher, iphone 6 cases, doke gabbana, karen millen uk, louis vuitton, thomas sabo, louboutin, michael kors outlet, pandora uk, pandora jewelry, michael kors outlet online, ugg,ugg australia,ugg italia, swarovski crystal, louis vuitton, louis vuitton, oakley, toms shoes, swarovski, wedding dresses, nike air max, ralph lauren, converse, ray ban, pandora charms, marc jacobs, juicy couture outlet, ugg uk, lancel, links of london, hollister, ugg, louis vuitton, montre pas cher, juicy couture outlet

September 11, 2015 at 6:41 PM  
Blogger 艾丰 said...

jianbin1123
louis vuitton outlet online
valentino shoes
ugg boots clearance
michael kors outlet store
chanel handbags
philadelphia eagles
michael kors handbags
jordan shoes
new england patriots
north face outlet
hermes bags
kobe 9 elite
pandora charms
ugg boots
ugg outlet
michael kors wallets for women
michael kors uk outlet
uggs outlet
louis vuitton handbags outlet store
michael kors uk outlet
tory burch handbags
louis vuitton outlet
cheap mlb jerseys
lacoste polo
ray ban
snow boots outlet
soccer jerseys,soccer jerseys wholesale,soccer jerseys cheap,soccer jerseys for sale,cheap soccer jersey,usa soccer jersey,football jerseys

November 22, 2015 at 8:19 PM  
Blogger Minko Chen said...

the north face outlet
nike air huarache
ugg outlet uk
air jordan 4
canada goose outlet
oakley sunglasses
discount ugg boots
coach outlet store
nike air huarache
ray-ban sunglasses
air max 2014
ysl outlet
nike running shoes
ferragamo outlet
louis vuitton handbags outlet
wellensteyn outlet
michael kors outlet
nike air max uk
thomas sabo outlet
barbour jackets

November 29, 2015 at 10:29 PM  
Blogger ninest123 said...

air jordan pas cher, ralph lauren pas cher, burberry, sac longchamp, longchamp, tiffany and co, ray ban sunglasses, prada handbags, louis vuitton, air max, longchamp outlet, prada outlet, nike roshe run, uggs on sale, louis vuitton, ray ban sunglasses, nike free, nike air max, oakley sunglasses, oakley sunglasses, louboutin pas cher, oakley sunglasses, louis vuitton outlet, polo ralph lauren outlet, cheap oakley sunglasses, ugg boots, jordan shoes, louboutin, tiffany jewelry, nike outlet, oakley sunglasses, longchamp outlet, kate spade outlet, replica watches, louis vuitton, christian louboutin outlet, louboutin outlet, longchamp pas cher, gucci outlet, nike air max, tory burch outlet, louboutin shoes, polo ralph lauren outlet, replica watches, michael kors, chanel handbags, ray ban sunglasses, louis vuitton outlet, nike free, ugg boots

April 20, 2016 at 5:29 PM  
Blogger ninest123 said...

burberry outlet online, nike free run uk, nike air max, ray ban uk, michael kors outlet, nike blazer, mulberry, nike air max, sac guess, air force, vans pas cher, michael kors, kate spade handbags, converse pas cher, abercrombie and fitch, true religion outlet, ralph lauren uk, timberland, hermes, nike roshe, michael kors outlet, michael kors, hogan, ugg boots, nike air max, new balance pas cher, michael kors, michael kors outlet, coach purses, michael kors outlet, oakley pas cher, coach outlet, lacoste pas cher, true religion jeans, ugg boots, hollister pas cher, true religion jeans, michael kors, tn pas cher, coach outlet, vanessa bruno, hollister, north face, true religion jeans, michael kors outlet, burberry, ray ban pas cher, lululemon, north face, replica handbags

April 20, 2016 at 5:36 PM  
Blogger ninest123 said...

s5 cases, jimmy choo shoes, herve leger, ralph lauren, iphone 6s cases, p90x workout, nike huarache, chi flat iron, iphone cases, wedding dresses, lululemon, iphone 6 cases, vans shoes, mac cosmetics, iphone 5s cases, nike trainers, babyliss, celine handbags, birkin bag, baseball bats, hollister, iphone 6s plus cases, abercrombie and fitch, hollister, ferragamo shoes, ipad cases, new balance, beats by dre, giuseppe zanotti, nike air max, asics running shoes, mont blanc, north face outlet, nfl jerseys, mcm handbags, reebok shoes, north face outlet, iphone 6 plus cases, soccer shoes, soccer jerseys, longchamp, valentino shoes, nike roshe, oakley, timberland boots, louboutin, ghd, bottega veneta, hollister, insanity workout, instyler

April 20, 2016 at 5:43 PM  
Blogger ninest123 said...

ugg pas cher, thomas sabo, coach outlet, louis vuitton, moncler, moncler outlet, montre pas cher, lancel, moncler, canada goose outlet, pandora charms, karen millen, doudoune canada goose, ugg,uggs,uggs canada, louis vuitton, wedding dresses, marc jacobs, canada goose, louis vuitton, hollister, pandora jewelry, moncler, juicy couture outlet, barbour, swarovski, pandora charms, converse outlet, louis vuitton, moncler, swarovski crystal, moncler, ray ban, sac louis vuitton pas cher, toms shoes, moncler, canada goose, ugg boots uk, gucci, replica watches, barbour jackets, supra shoes, juicy couture outlet, canada goose, pandora jewelry, canada goose, canada goose outlet, ugg,ugg australia,ugg italia, bottes ugg, links of london, moncler, canada goose uk

April 20, 2016 at 5:50 PM  

Post a Comment

<< Home