Sunday, November 21, 2010

Financial disclosure perplexity

I took a look at Richard Burr's financial disclosures again this evening. It's very perplexing. I've written before about his past disclosures of purchases and sales of stock in many of the financial companies that got our country in so much trouble. When I last reviewed those disclosures, Senator Burr had reported buying and selling companies like Lehman & Bear Stearns. And his disclosures had reflected our Senator as a very active stock trader in 2008. One of the most troubling transactions showed our Senator selling his Bear Stearns stock in 2008 the very day after the government discovered that Bear was going to declare bankruptcy. But when I looked again this evening, those transaction disclosures no longer exist. They've been wiped clean. There's no evidence now of him even owning these securities. What the heck is going on here?

I'm not sure what is going on with Senator Burr's financial disclosures. But if our Senator did own stock in Lehman and Bear Stearns, and he's now covering it up, we need to know. If it was a website error, that's an understandable issue. I just wish I knew why he once was an active trader and investor, and now, there's no indication of much of anything being bought and sold. And transactions that had been reflected in the past are now wiped clean. It's simply perplexing.

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