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Virginia Senator Did Not Disclose Stock Options-You Cheat Sen. Allen

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 08:44 PM
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Virginia Senator Did Not Disclose Stock Options-You Cheat Sen. Allen
How much corruption will the American people stand?

~snip~ RICHMOND, Va., Oct. 8 (AP) For the past five years, Senator George Allen, Republican of Virginia, has failed to tell Congress about stock options he got for his work as a director of a high-tech company.

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

Mr. Allens stock options date to the period from January 1998 to January 2001, after his term as governor of Virginia and before he took office as senator.

The Associated Press reviewed his financial dealings from that time and found that he had twice failed to promptly alert the Securities and Exchange Commission of insider stock transactions as a director of Xybernaut and of Commonwealth Biotechnologies.

http://www.nytimes.com/2006/10/09/washington/09allen.ht...
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MrModerate Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-08-06 08:48 PM
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1. I've said it before and I'll say it again . . .
Allen is not fit for office -- not because he's evil (just venal, IMO), but because he's STUPID.

Allen's missteps are gifts to Webb that keep on giving.

Sorry, Georgie, the American people tried the "I'm just a happy-go-lucky fucktard" in 2000 and it turned out to be a total disaster. Don't need to do that again.
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