Word: bartletts
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...deal in the fall of 1990 and forced the company to restate its earnings early the next year. The $3.3 million loss became a $12.6 million loss. White House officials say Bush was clueless about the tricky accounting. "They gave discretion to the CEO," says communications director Dan Bartlett. He adds, "Audit committees were different then than they are now." Bush, who last week called on directors to "ask tough questions about accounting methods," doesn't hold himself to that standard. Harken's case, he told reporters, was one in which "the rules aren't as specific as one would...
White House Communications Director Dan Bartlett told The Times that Bush never knew the identity of the stock buyer...
...Bartlett told the Washington Post that Harken’s executive committee—which did not include Bush—knew about the size of Harken’s $20 million worth of losses, which the company announced in August 1990, two months after Bush sold the bulk of his Harken holdings...
...Bush took a political lesson from the debacle. He suggested that Communications Director Dan Bartlett dispatch an intern to draw up a case study of how Selig bobbled the matter as an object lesson in what not to do in a crisis...
...apples and oranges," insists Communications Director Dan Bartlett comparing the accounting practices at WorldCom and Enron and those that led to a 1990 SEC investigation and restatement of Harken's earnings. The distinction, say administration officials, is not only that Harken's restatement was in millions, not billions, but also that the company was merely caught being aggressive, not fraudulent. Many corporate executives currently under the bright lights are saying a version of the same thing...