Untitled Document
Taking a Closer Look at the Stories Ignored by the Corporate Media
Donate | Fair Use Notice | Who We Are | Contact

NEWS
All News
9-11
Corporatism
Disaster in New Orleans
Economics
Environment
Globalization
Government / The Elite
Human Rights
International Affairs
Iraq War
London Bombing
Media
Police State / Military
Science / Health
Voting Integrity
War on Terrorism
Miscellaneous

COMMENTARY
All Commentaries
9-11
CIA
Corporatism
Economics
Government / The Elite
Imperialism
Iraq War
Media
Police State / Military
Science / Health
Voting Integrity
War on Terrorism

SEARCH/ARCHIVES
Advanced Search
View the Archives

E-mail this Link   Printer Friendly

GOVERNMENT / THE ELITE -
-

Bush Discloses Ownership of as Much as $18 Million in Assets

Posted in the database on Sunday, May 15th, 2005 @ 23:48:41 MST (1391 views)
by William Roberts and Brendan Murray    Bloomberg.com  

Untitled Document May 13 (Bloomberg) -- President George W. Bush and his wife, Laura, reported owning financial assets and property in 2004 valued between $7.8 million and $18.1 million, according to federal financial disclosure forms released at the White House today.

Vice President Dick Cheney's assets last year ranged between $16.6 million and $75.5 million, including cash, investments, deferred compensation from Halliburton Co., stock options, salaries and retirement benefits.

Executive branch officials including the president and the vice president are required to file annual financial disclosure forms in which they list assets within dollar ranges, such as $1,000 to $15,000 or $100,000 to $250,000. Bush valued his Texas ranch at between $1 million and $5 million.

Bush, 58, also reported receiving gifts including $650 gold cuff links and a $400 pocketknife. The most valuable was a $2,700 mountain bike from John Burke, president of Waterloo, Wisconsin- based Trek Bicycle Corp.

Last year, Bush reported assets valued between $8.8 million and $21.9 million in 2003. Cheney, 64, and his wife, Lynne, reported assets between $19 million and $86 million that year.

The biggest asset Cheney disclosed this year was a $5 million to $25 million stake in the Vanguard Short-Term Tax- Exempt Fund, which fell 0.8 percent in 2004. The fund invests in municipal bonds with an average maturity of less than five years and provides income that is exempt from U.S. personal income taxes.

Cheney reported receiving gifts valued at $5,934, including a painting worth $1,600 of a Delaware house, a $120 Namiki pen from U.S. Ambassador to Italy Melvin Sembler and a $400 fly-tying set for fishing.


To contact the reporter on this story:
William Roberts in Washington at wroberts@bloomberg.net
Brendan Murray in Washington brmurray@bloomberg.net



Go to Original Article >>>

The views expressed herein are the writers' own and do not necessarily reflect those of Looking Glass News. Click the disclaimer link below for more information.
Email: editor@lookingglassnews.org.

E-mail this Link   Printer Friendly




Untitled Document
Disclaimer
Donate | Fair Use Notice | Who We Are | Contact
Copyright 2005 Looking Glass News.