In a January 2004 editorial defending Haley Barbour's "blind trust" in his lobbying firm, The Clarion-Ledger editorial board declared that it was hunky-dory because he no longer owned stock in the firm that had bought the firm:
"He had already sold the firm, including the name, and it's owned by Interpublic Group of Companies Inc., a publicly traded company. … He has no ownership or stock."
But with the Bloomberg stories this month showing that there is more to that trust than met the eye, it turns out that more than the trust was blind:
"The blind trust document he signed about six weeks later says that on Jan. 13, 2004, the day he took office, Barbour still had a stake worth $786,666 in the publicly traded parent company of Barbour Griffith & Rogers Inc. (Interpublic), as well as pension and profit-sharing plan benefits from the lobby firm."
— Bloomberg News story, run on Clarion-Ledger page 1, Aug. 30, 2007
The question, of course, is who told The Clarion-Ledger that Barbour had no stock in Interpublic? And did they confirm that information before they wrote the editorial?
(Why does the whole premature death of KKK-er James Ford Seale that they reported come to mind here?)
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