Blackwell Accidentally Held Shares in Election Maker-Machine (Diebold)

[ProSense]

Report: Blackwell Accidentally Held Shares in Election Maker-Machine

April 4, 2006 07:14 AM EDT

COLUMBUS (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.

He discovered them while reviewing his 2005 investments to prepare for Monday's filing with the Ohio Ethics Commission, a form required of all statewide candidates. "While I was unaware of this stock in my portfolio, its mere presence may be viewed as a conflict and is therefore not acceptable," Blackwell said in a letter dated Monday included in his filing.

Snip...

Democrats weren't buying Blackwell's explanation. "If he can't manage to know what's in his checkbook, why would the people of Ohio want to trust this man with the state's checkbook?" said Brian Rothenberg, spokesman for the Ohio Democratic Party.

http://www.wtol.com/Global/story.asp?S=4722002&nav=menu34_2

[benburch]

1. "Accidentally"

Like John Wayne Gacy "Accidentally" had kids buried in his crawl space!

[marmar]

2. "Accidentally" is a euphemism for "I didn't think I'd be found out."....

Screw Ken Blackwell and his cesspool of a Party. May you all start a Jailhouse Republicans Club.

[Jack Rabbit]

3. "Accidently"

That's what he says.

[_dynamicdems]

4. Another Repug bastard that belongs behind bars! n/t

[liam_laddie]

5. April 9 article from Cin'ti. Enquirer, of all places!

<http://news.enquirer.com/apps/pbcs.dll/article?AID=/20060409/NEWS01/604090398/1056>

Blackwell defensive about stocks
(Inside Columbus)

BY JON CRAIG | ENQUIRER COLUMBUS BUREAU

COLUMBUS - Secretary of State Ken Blackwell's campaign for governor was in defensive mode last week when his annual financial-disclosure statement revealed he owns stock in companies that produce slot machines, voting machines, tobacco and the morning-after pill.

Blackwell's opponents quickly cried foul, since the Cincinnatian is against abortion and gambling.

In addition to Diebold, the election-machine vendor from North Canton, and International Game Technology of Nevada, Blackwell's multi-million-dollar portfolio includes stock in Halliburton; Weatherford International, a Houston-based oilfield company that moved to Bermuda to avoid paying U.S. taxes; Altria, the tobacco-producing company formerly known as Philip Morris; and Barr Pharmaceuticals, maker of Plan B, the morning-after pill.

-snip- more at link...

[Doctor_J]

6. ANother GOP criminal who won't go jail

Damn, what a list.