Posts tagged "Sen. Roland Burris (D-Ill.)"

Burris fails to report stock options on financial disclosure

Posted by LegiStorm on Friday, June 26, 2009

The personal financial disclosure of Sen. Roland Burris (D-Ill.) is attracting yet more attention to the lawmaker's short but troubled tenure.

The Chicago Tribune reported that Burris, who was appointed by disgraced Gov. Rob Blagojevich, failed to disclose un-exercised stock options for a company where he was a board member. The Tribune reports that Burris intends to amend his financial disclosure to reflect the options to buy 8,000 shares of Inland Real Estate Corp. for prices between $9 and $20. However, the company's share price was $6.72 on Wednesday, making it unlikely Burris will exercise his options anytime soon, according to the Tribune.

You can see the personal financial disclosures of all members of the House and Senate, as well as congressional staffers, at LegiStorm.

An early look at this year's financial disclosures

Posted by LegiStorm on Friday, May 15, 2009

Most personal financial disclosures by members of Congress won't be released to the public until next month, but some interesting disclosures have already trickled out so far.

Take Norm Coleman. The Republican from Minnesota refuses to concede to challenger Al Franken in his apparent Senate re-election defeat, but his financial disclosure is a concession of sorts. Instead of filing an annual disclosure typical of any member of Congress staying in office, in April he filed a termination report along with all other departing members.

One of the latest filings released was for Sen. Ted Stevens (R-Alaska), who filed his termination report with the Senate this month. As the Associated Press reported today,  Stevens disclosed a debt of between $1 million and $5 million in legal fees to Williams and Connolly LLP, the firm that represented Stevens in his corruption case regarding past omissions on disclosure forms. A jury found Stevens guilty last fall before Stevens was defeated in his reelection campaign, but the case was dismissed in April after a judge found prosecutors withheld evidence from the defense.

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