Now, Pretend His Name is Hillary
Apr 3rd, 2006 at 8:41 pm by Susie
No link yet:
COLUMBUS, Ohio (AP) — Secretary of State Kenneth Blackwell revealed Monday he accidentally invested in shares of voting-machine manufacturer Diebold Inc. last year, a period when he was sued by other manufacturers over contracts that Diebold was up for.
In a required ethics filing, Blackwell, who is seeking the Republican nomination for governor, said his investments are directed by an accountant and financial adviser without his knowledge or help, “similar to a blind trust.” He said a manager of his investments account at Credit Suisse First Boston bought 178 shares of Diebold stock at $53.67 per share in January 2005.
Blackwell said the manager did not follow instructions to avoid such investments. He said 95 shares were later sold at a loss but he still held 83 shares until discovering them and liquidating them Monday, also at a loss.
http://www.mercurynews.com/mld/mercurynews/news/politics/14253653.htm
Just to make sure I have this right; the advisor works without Blackwell’s advice, and the advisor failed to follow Blackwell’s instructions. Got it.
So when close to $10,000 of your money is invested in dubious stock it just slips your notice. That is some blind trust…
Sounds like a republican disease.
Oh hell, who knew that accidentally investing in stocks is so easy to do.
I feel an improper investment color chart comming on.
OK, I’m pretending.
Should I pretend that his name is Hillary Blackwell?
Or Kenneth Hillary?