Texas: Perry's Stock Purchases Draw Complaints
U.S. Rep. Gene Green (D) wants the U.S. Securities and Exchange Commission to investigate stock purchases made by lieutenant governor hopeful Rick Perry (R). Currently state agriculture commissioner, Perry bought stock in 1996 in Kinetic Concepts, a company owned by James Leininger, who has been a longtime political contributor. Perry sold the stock within a month and made a profit of $40,000.
State Comptroller John Sharp (D), Perry's opponent in the lieutenant governor's race, has made an issue out of the fact that Perry has become a millionaire while holding public office. However, Perry says his money is in a blind trust managed by a Houston stockholder who is an old college buddy, and he has no insider insight into his investments.
Wisconsin: Kunicki Chooses Legislative Retirement
After months of denying his retirement, Assembly Minority Leader Wally Kunicki (D) announced he will not seek reelection. The former speaker, who has served nine terms, is also relinquishing the leadership post so someone else can take the reins during the election cycle. A successor is to be chosen this week, and Reps. Shirley Krug of Milwaukee and Mark Meyer of La Crosse appear to be the top contenders. Kunicki offered no hint of future plans, but the buzz is that he will end up in the health care field early next year, possibly as a lobbyist. Ten Assembly Democrats have announced they will not seek reelection so far this year.
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