Word: harkenã
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...June 1990, Bush sold 212,140 shares of Harken??€”about two-thirds of his holdings in the company—for $848,560. Bush, who at the time was serving as a director of Harken, used the proceeds from the sale to pay off loans that helped him purchase a minority stake in the Texas Rangers baseball franchise...
Bush, who has criticized corporate wrongdoing by companies such as WorldCom and Enron, has recently had to answer questions about his own actions while serving on Harken??€™s board of directors...
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...
Eisenson and fellow HMC partner Donald D. Beane sat on Harken??€™s board of directors and also owned personal stakes in the company...
Turner said that Eisenson—who was managing HMC’s Harken holdings—sat on Harken??€™s executive committee since 1986, meaning he would have had advance knowledge about Harken??€™s financial status, including huge impending losses...