Quote:
Originally posted by sgtclub
It's blind in that he has no investment control.
|
Then it's not blind so far as Halliburton stock. Since we've had this debate before , I went to dig up a cite. 5 CFR 2634.401(a)(2), the most relevant portion of which provides:
Quote:
|
A trust is considered to be ‘‘blind’’ only with regard to those trust assets about which no interested party has knowledge. When an interested party originally places assets in trust, that party still possesses knowledge about those assets. Those original assets remain financial interests of the Government official for purposes of 18 U.S.C. 208 or for any other Federal conflict of interest statutes or regulations, until the trustee notifies the official either that a particular original asset has been disposed of or that the asset’s value is less than $1000.
|
So, until Cheney is entirely divested of Halliburton, it still counts for conflict statutes and is not "blind", regardless of the fact that he can't control its disposition.
edited to fix tags -- T.S.
