Word: brokering
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...amount for owning stock that exposed him to a potential conflict of interest. As President Clinton's National Security adviser, Lake had been notified by White House lawyers to divest himself of several energy-related stocks, whose value could be affected by policies he helped to formulate. Lake's broker apparently failed to sell the stocks, leading to a potential ethical conflict and a Justice Department investigation. As part of the settlement, the Justice Department stipulates that Lake was guilty of no intentional wrongdoing, nor did he ever attempt to cover up his violation. The settlement roughly corresponds to Lake...
...Lake two years ago to sell his holdings in four energy-related concerns, which were deemed a potential ethical conflict because his influence in setting U.S. Mideast policy could affect energy prices and thus the value of his stocks. There is some evidence to suggest that Lake instructed his broker to sell the stocks, but the broker did not follow through. Justice is also examining whether any White House personnel, including Lake, gave Congress inaccurate information in 1994 about the Administration's tacit endorsement of Iranian arms sales to Bosnia. McAllister says nothing has yet surfaced that would torpedo Lake...
...Lake two years ago to sell his holdings in four energy-related concerns, which were deemed a potential ethical conflict because his influence in setting U.S. Mideast policy could affect energy prices and thus the value of his stocks. There is some evidence to suggest that Lake instructed his broker to sell the stocks, but the broker did not follow through. Justice is also examining whether any White House personnel, including Lake, gave Congress inaccurate information in 1994 about the Administration's tacit endorsement of Iranian arms sales to Bosnia. McAllister says nothing has yet surfaced that would torpedo Lake...
...Look, I'm not talking to Newt Gingrich. I'm talking to my broker. Could you please leave me alone...
...Your broker? Maybe you could ask him how long he thinks this bull market can last. I mean, as long as you have him right there on the phone. Also, you don't know Rupert Murdoch's number off hand, do you? Maybe we should give him a call...