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AP: Sen. Allen Failed To Disclose Stock Options…

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CatWoman Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 01:41 PM
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AP: Sen. Allen Failed To Disclose Stock Options…
RICHMOND, Va. - For the past five years, Sen. George Allen (news, bio, voting record), has failed to tell Congress about stock options he got for his work as a director of a high-tech company. The Virginia Republican also asked the Army to help another business that gave him similar options.

Congressional rules require senators to disclose to the Senate all deferred compensation, such as stock options. The rules also urge senators to avoid taking any official action that could benefit them financially or appear to do so.

Those requirements exist so the public can police lawmakers for possible conflicts of interest, especially involving companies with government business that lawmakers can influence.

Allen's stock options date to the period from January 1998 to January 2001 when Allen was between political jobs and had plunged into the corporate world.

http://news.yahoo.com/s/ap/20061008/ap_on_el_se/allen_i...
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marmar Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 01:45 PM
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1. There's not enough lipstick for this pig...
But kickbacks and political favors seem to be par for the course for the Repiglican Party. (As does racism, although he's taken it to a whole new level.)
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OwnedByFerrets Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 02:00 PM
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2. Its just something else for his
constituency to ignore.
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-11-06 04:20 AM
Response to Original message
3. Truth be demand!
We are not forgetting, Macacawitz!
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