July 14, 2002
Two very interesting articles on the Harken scandal are out today. In this article, the evidence indicates that W. did know ahead of time (ie. before he sold his stock) that the company was about to tank. However, according to this story, it wouldn't have mattered from a legal standpoint, since the price of the shares didn't collapse until many months after the news about the company's losses was posted, making the insider information "non-material". In other words, the Prez may have acted in a sleazy manner back in 1989, but, in spite of his best efforts, probably didn't break the law. As is typical of the "liberal media", neither story mentioned the real villain, Bill Clinton, who at the time Bush dumped the stock was the Governor of Arkansas. Whew...if that story had lasted another week, we might have had to go to war with Iraq....
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