G
Guest
Guest
Dear Todd,
http://www.washingtonpost.com/wp-srv/aponline/20010613/aponline174511_000.htm
WASHINGTON (AP) When Intel executives wanted federal approval of a merger in the high-tech industry, they made their way to the White House and Karl Rove, one of their stockholders.
Rove does not recall raising the issue with the president, officials said.
Federal ethics laws and rules prohibit an executive official with an economic interest in a decision from participating through recommendations, advice or rulings.
The only way Rove could avoid violating the laws was "if he were truly mute and he offered no comment then or later" on the Intel matter, said Stephen Gillers, a New York University law professor specializing in legal ethics.
Rove's session with Intel wasn't the only one with an industry in which he held a financial stake, according to interviews.
Rove met March 20 in Washington with nuclear power interests to listen to executives' ideas for the Bush energy plan. At the time, Rove held up to $250,000 in stock in General Electric, which has a nuclear energy division.
The trade group that represents GE's nuclear interest attended the gathering, officials said.
http://www.washingtonpost.com/wp-srv/aponline/20010613/aponline174511_000.htm
WASHINGTON (AP) When Intel executives wanted federal approval of a merger in the high-tech industry, they made their way to the White House and Karl Rove, one of their stockholders.
Rove does not recall raising the issue with the president, officials said.
Federal ethics laws and rules prohibit an executive official with an economic interest in a decision from participating through recommendations, advice or rulings.
The only way Rove could avoid violating the laws was "if he were truly mute and he offered no comment then or later" on the Intel matter, said Stephen Gillers, a New York University law professor specializing in legal ethics.
Rove's session with Intel wasn't the only one with an industry in which he held a financial stake, according to interviews.
Rove met March 20 in Washington with nuclear power interests to listen to executives' ideas for the Bush energy plan. At the time, Rove held up to $250,000 in stock in General Electric, which has a nuclear energy division.
The trade group that represents GE's nuclear interest attended the gathering, officials said.
