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Kerik made millions from agency contractor

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RedEarth Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-04 03:02 PM
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Kerik made millions from agency contractor
WASHINGTON - Bernard Kerik, President Bush's choice to run the Homeland Security Department, made $6.2 million by exercising stock options he received from a company that sold stun guns to the department — and seeks more business with it.


Taser International was one of many companies that received consulting advice from Kerik after he left his job as New York City police commissioner in 2001, when he was earning $150,500 a year. Kerik remains on Taser's board of directors, although the company and the White House said he planned to sever the relationship.

Partnering with former New York Mayor Rudolph Giuliani and also operating independently, Kerik has had business arrangements with manufacturers of prescription drugs, computer software and bulletproof materials, as well as companies selling nuclear power, telephone service, insurance and security advice for Americans working abroad.

The man who led the New York Police Department on Sept. 11, 2001, has been effusively praised by Senate Republicans and Democrats for his management during and after the attacks. He served the Defense Department in Iraq in 2003 as interior minister under the former U.S. occupation authority.

Federal ethics rules state that executive branch employees should avoid participating in decisions where their impartiality could be questioned, unless they receive approval from an agency ethics official.

http://msnbc.msn.com/id/6684832/
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Bertha Venation Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-04 03:04 PM
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1. Nothing wrong with that.
"Federal ethics rules?" Feh. We're goin' by the Bible now, fellas.
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Moderator DU Moderator Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-09-04 03:05 PM
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2. Duplicate topic
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