Andy crawled to freedom through five-hundred yards of shit smelling foulness I can’t even imagine, or maybe I just don’t want too…Andy Dufresne – who crawled through a river of shit and came out clean on the other side.
Macaca, NIE, Woodward’s book, Foley, cover-up by the House leadership and now feel some more clean…George Allen didn’t 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.
Allen and his… bbbut-violating-ethics-rules-only counts-when-you’re-greatly-enriched excuse
In interviews, Allen and his staff sought to play down his corporate dealings, saying they were a good learning experience but did not lead to extraordinary riches — except for a quarter-million-dollar windfall from Com-Net Ericsson stock.
Allen’s office said he sold his Xybernaut stock at a loss and has not cashed in his Commonwealth options because they cost more than the stock is now worth. The senator also said he saw no conflict going to work for companies shortly after assisting them as governor.
“I actually got no money out of Xybernaut. I got paid in stock options which were worthless. Commonwealth Biotech asked me to be on their board. Glad to do it. I learned a lot on their board and enjoyed working with ’em, and they seem to be doing all right, I guess,” Allen said.
Or the… I-can’t-be-responsible-for-what-my-lawyer didn’t-know” excuse…
When AP showed Allen’s lawyer the Senate ethics manual requirement that such options must be reported each year regardless of value, the lawyer said he was unfamiliar with that provision. Allen has now asked the Senate ethics committee for an opinion on whether he should have disclosed them.
Allen’s bottom line…”So-What?”
Allen’s office acknowledges he has met socially over the years with company executives and his office has granted “routine courtesy meetings” from company lobbyists “to hear their opinion on legislation and issues before the federal government.”
Allen himself said he could not recall helping, and only met former company associates socially. “Whether I see a former — whatever the question is — personally at some social event or political event over the years, so what?” Allen asked.
There’sso much more to read in this article. Enjoy a bit of fresh clean.