Monday, July 15, 2002

The Stupidest "Scandal" Story of the Month

You can find it by clicking here.

Here's the real story. George W. Bush owns Harken stock. Harken plans an additional public offering. As part of that procedure, Bush signs a "lock-up letter" regarding the new offering. The new offering is cancelled. Bush, obviously, can't sell what he never had. He can, however, sell what he already has, which he does to raise money for his stake in the Texas Rangers.