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Wis. Senate candidate wavers on sale of BP stock

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ccharles000 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-29-10 03:53 PM
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Wis. Senate candidate wavers on sale of BP stock
MADISON, Wis. -- Republican Senate candidate Ron Johnson said Monday he hasn't decided whether to sell his BP stock, two weeks after he told reporters he would get rid of it.

Financial disclosure forms show the Oshkosh manufacturer owns between $116,000 and $315,000 in BP ( BP - news - people ) stock. On July 9, his campaign said he would move his investments into a blind trust.

Then after a campaign rally days later, Johnson told reporters he planned to sell the BP PLC stock to help finance his campaign against Democratic Sen. Russ Feingold. Monday, he said the sale wasn't certain.

"I think that will eventually happen, but I'm going to do it based on market conditions," Johnson said after a lunch hosted by the political website wispolitics.com. "I'm going to have to finance this campaign. ... At some point in time, to get my message out, that will probably happen. But it's going to be based on market conditions."

http://www.forbes.com/feeds/ap/2010/07/26/politics-energy-us-senate-race-bp_7798291.html?boxes=marketschannelwires
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