Hello.
In a disclosure report filed with the Office of Government Ethics in
June 2002, Secretary of Defense Donald H. Rumsfeld declared that he
owned assets worth a total of between $53 million and $175 million.
While some of Sec. Rumsfeld's worth may have been in defense-related
industry stocks at one time, he has apparently "sold nearly all of his
individual stock holdings and limited partnership shares and put
between $25 million and $50 million into a blind trust." Rumsfeld
reportedly did this in order to "avoid conflicts of interest" between
his personal investments and decisions on weapons spending.
Source: Associated Press, "Rumsfeld sold up to $91 million in assets"
By Matt Kelley, Associated Press writer, June 19, 2002, on the web
site of South Coast Today:
http://www.s-t.com/daily/06-02/06-19-02/a02wn013.htm
Additional source: Fox News, June 18, 2002
Note that this story confirms that Rumsfeld did once own stock in
several defense contractors (Raytheon and Northrop, specifically), but
has sold the stock.
http://www.foxnews.com/story/0,2933,55596,00.html
search strategy: rumsfeld, millions, assets, stocks
I hope this helps. |
,
0 Comments
)