Thursday, June 25, 2009

Burris Omits Stock Options on Financial Disclosure

Stunningly, Burris didn't tell all on his financial disclosure. Clout Street:

"U.S. Sen. Roland Burris (D-Ill.) failed to reveal in a Senate financial disclosure statement that he has options to buy 8,000 shares of stock in a real estate investment company where he was a board member, according to public records.

The statement, recently made public, indicated Burris and his wife held $900,000 to $1.8 million in assets, but failed to note their options to buy stock in Oak Brook-based Inland Real Estate Corp."
Doubt that he'll exercise it - the stock is worth less than the option at the moment.

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