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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Oct. 28, 1994)
hy • October 28, 1994 THE BATTALION The Battalion • Page 3 CINEMARK THEATRES oubts arise over Bushs stock dealings WASHINGTON (AP) — Secu- Bs and Exchange Commission aments cast some doubt over jjorge W. h’s explana- [on about his tale of stock in company Jeral weeks lefore it report- id a $23 mil- ion loss. JBush denies wrongdoing, the case ias emerged an issue in the Texas governor’s campaign, ush, the eldest son of the [Tier president and Republican didate for governor, contends “sold into good news” on June 1990, when he unloaded 0,000 in stock — nearly two- rds of his holdings — in Bush ima Epsilon at ay. Harken Energy Corp. Bush served as director and paid con sultant to the Dallas-based oil company, but left the company’s board in 1993. Texas Gov. Ann Richards is aggressively talking about an SEC investigation and other Harken matters in the cam paign, saying they raise signifi cant questions about Bush’s business record. “I think that George Bush means very well,” Richards said in Dallas last weekend. “But I think the question of qualifications is re ally important.” Bush countered the governor by accusing Richards of nega tive campaigning. “I’m proud of my business record. I think attempting to smear my business record is sim ply a diversion away from the is sues that face Texas,” he said. Bush’s attorney, Robert Jor dan, defended Bush’s “selling into good news” statement, say ing the loan restructuring “was extremely good news to the com pany because it showed the supreme confidence of these two major shareholders in the future of the company.” The SEC investigated George W. Bush for possible insider trading, the allegation of sell ing the stock with an insider’s knowledge of non-public, mar ket-moving news, such as a poor earnings report. The agency, which polices the securities markets, finished its investigation of the Bush trades on Oct. 18, 1993. Jordan correctly noted that details of the Harken loan re structuring had been publicly disclosed at the time. “My sale of Harken stock was entirely legal and proper,” Bush said this month. “I sold into good news, not bad news,” he told the Austin American- Statesman newspaper in 1993, and he has made similar state ments elsewhere. Bush, a member of Harken’s audit committee, sold 212,140 shares of Harken Energy Corp. on June 22, 1990 for $4 a share — eight days before the end of the company’s poor second quar ter. The company formally re ported the second quarter re sults on Aug. 22: a $23.2 million quarterly loss, which sent Harken’s stock down 44 percent to $2.37 1/2 a share. The stock later recovered from that plunge. Bush, who was traveling Wednesday and Thursday, was n’t available to discuss the loan restructuring, his campaign of fice said. Political race highlights abortion issue for Texans •am lowledgeal to eachs ill be abl departm irses in j» rnalism i e kind of i e will be Ity,’ Horr. nent has itherunivi Ived suppc lism AUSTIN (AP) — Democratic Ann Richards told cheering adents at the University of [T^xas on Thursday that a worn ’s right to choose abortion is issue in her race with Repub- an George W. Bush. |“This is about whether a man is going to Continue to be lable to exercise her right to oose. This election is about whether or not government is ... ing to get in and mess around your private life,” Richards jid, campaigning with singer onnie Raitt. A newspaper column quoting ush as saying, “I will do every- ling in my power to restrict bortions,” elicited boos from the owd of about 1,200 when cited Ms. Raitt. She has also done radio ad, calling Richards “the dear pro-choice candidate.” Bush, meanwhile, cam paigned in Houston with his ife, Laura, and his mother, for- first lady Barbara Bush, o said in her memoirs that she supports abortion rights. Bush was asked whether his mother is clos er to Richards than to him on that issue. “My mother is going to vote for me just like a lot of other women are go ing to vote for me,” Bush said after speaking to thousands of cheering ele mentary school students, all from Houston’s Spring Branch district at an anti-drug rally. “Both of us agree that minor daughters ought to have their parents’ consent prior to getting an abortion. Ann Richards does not agree with that. Most Tex ans agree with me on that is sue,” he said. Bush has said he would work to find “common ground” to re duce the number of abortions. Richards Lone Star Continued from Page 1 “We need to solve problems for people, not create them,” he said. “People want to talk about crime and education.” Thompson, who has worked in education during all of his adult life, said he is convinced he has a feel for what Texas citi zens want for their children. “People are interested in a quality education for their chil dren,” Thompson said. “I know a thousand people around the state and have visited many school districts and have visited all 254 counties. People care about education.” Thompson is concerned about the decreasing amount of fund ing for education in the last sev eral years. "I believe Texas has one of the five best education systems in the world,” he said, “but it could deteriorate if funding does not increase. “To be honest, the bottom line of Operation Lone Star is to seek more public funding.” Of the eight System universi ties, which Thompson affection ately refers to as “Snow White and the Seven Dwarfs,” Texas A&M University will constitute a large part of the information sent out because it is the largest in the System. However, Thompson empha sized Operation Lone Star is about the entire System. Thompson plans to involve student leaders in his operation. Brooke Leslie, student body president, said she looks for ward to speaking before the state legislature in Austin as a student representative of the A&M System. “Operation Lone Star cannot hurt us (the University),” Leslie said. “It can have nothing but positive consequences.” He plans to work closely with Regents, System university presidents and agencies, such as the Texas Agricultural Exten sion Service and Texas Engi neering Extension Service. He is appointing a 30-person statewide advisory committee to help him reach different areas of the state and report to him. The committee will include people within and outside the System. Thompson said that this week he was in the final stages of choosing his advisory committee. Tersaqui! ration, ie Court, me Court, U.S. olefin tor Aniai'' We hope you enjoy ICEHO VSE 05 Ion? a syov : ■enjoy if '.Staff Gr# eei#^ n/rinH* abeth P |C ‘ andsp'"’*, TX 778* asm fexa 5 in the mbe ris# blo -fo jtruuxt uybtK- ca/ais- TSvcU clSL (AxhoSt u&JxxLd&t it*- "fop vnst-- t\JkrrwJieJL,ViI. © w-^Ic-e^eer, YlanV-Koad brewer/, Milwaukee, Wl- See SreWed Ale CA,OR,Tvt cvid WA MOVIES 16 HOLLYWOOD USA BRYAN-COLLEGE STATION Hwy 6 Bypass @ Hwy 30 764-7592 MOVIES BELOW ARE FIRST-RUN $3.00 MATINEES BEFORE 6PM Movie schedule good for Friday, Oct. 28- Thursday,Nov. 3 STARGATE (PG-13) 11:40 2:10 4:45 7:25 10:15 (12:45) TiTX- THE RIVER WILD (PG-13) 11:45 2:05 4:30 7:15 9:45 (12:00) Thx LOVE AFFAIR (PG-13) 11:50 2:15 4:35 7:10 9:40 (12:20) Tax. EAT DRINK MAN WOMAN (NR) (ADULTS ONLY) 11:40 2:15 4:45 7:30 10:05 (12:35) C3£E THE ROAD TO WELLVILLE (R) 1:10 4:10 7:05 9:45(12:15) SILENT FALL (R) 12:05 2:30 5:05 7:35 10:05 (12:30) THE SHAWSHANK REDEMPTION (R) 12:30 3:30 6:50 9:55 (12:45) QUIZ SHOW (PG-13) 12:50 3:35 6:45 9:40 (12:20) TERMINAL VELOCITY (PG-13) 11:50 2:00 4:15 7:45 10:25 (12:30) FORREST GUMP (PG-13) 12:25 3:20 6:45 9:35 (12:25) THE MASK (PG-13) 12:10 2:35 4:55 7:50 10:20 (12:25) JASON’S LYRIC (R) 11:45 2:00 4:25 7:55 10:30 (12:45) IN THE ARMY NOW (PG) 12:15 2:45 5:00 NATURAL BORN KILLERS (R) 7:35 10:10 (12:35) MOVIES BELOW ARE DISCOUNT $1.50 MATINEES BEFORE 6PM STRUE LIES (R) 12:45 3:45 7:00 10:00 (12:45) Thx. $THE NEXT KARATE KID (PG) 12:10 2:25 4:50 $CAMP NOWHERE (PG) 11:45 1:55 4:20 $THE CLIENT (PG-13) 7:05 9:30 (12:05) $IT COULD HAPPEN TO YOU (PG) 7:30 9:50 (12:00) () LATE SHOWS FRIDAY & SATURDAY ONLY ■NO PASSES OR SUPERSAVER ACCEPTED ON THIS FEATURE • Small Classes • Free Extra Help • Four full-length Practice Tests • Personal Attention Classes Start October 29th THE PRINCETON REVIEW A We Score More! 696-9099 The Priiicclou Review is not affiliated with KTS or Princeton rniversity The Battalion CLASSIFIED ADVERTISING • Easy • Affordable • Effective For.More Information, call 845-0569 |the AGGIE games] Chess... 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