Hi there,

If you think Democracy Now!’s reporting is a critical line of defense against war, climate catastrophe and authoritarianism, please make your donation of $10 or more right now. Today, a generous donor will DOUBLE your donation, which means it’ll go 2x as far to support our independent journalism. Democracy Now! is funded by you, and that’s why we’re counting on your donation to keep us going strong. Please give today. Every dollar makes a difference—in fact, gets doubled! Thank you so much.
-Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Questions Raised Over Bernard Kerik’s Sale of Taser Stock

HeadlineDec 10, 2004

Meanwhile the Wall Street Journal has raised questions over the recent sale of $4.4 million in Taser stock by Bernard Kerik, Bush’s pick to head the Department of Homeland security. Kerik who serves on the board of the stun gun manufacturer sold off his stock in the company on Nov. 11–more than three weeks before he was nominated for the homeland security post. But the sale also came just two weeks before a Nov. 26th article in the New York Times that questioned whether recent government reports had actually proven the safety of the stun guns. In the weeks before the article was published the entire Taser board, including Kerik, as well as several executives, sold off more than $90 million in the company’s stock. The Journal estimates Kerik made a profit of $4.4 million on his stock sale. After the Times article was published, the company’s stock plunged 7 percent.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top