Kerry’s serious conflict of interest

Posted by Moonage on 23 Aug 2004 | Tagged as: 2004 Presidential Election, The Media

This is kinda tricky, but you gotta follow me on this, OK? First of all, you have to be clear what Total Fina Elf is. So, here’s a VERY brief description:

Another company that stands to lose prospects is the French company Total Fina Elf . Before it became part of Total, Elf negotiated a production-sharing contract with Iraq, which Total inherited.

Total Fina Elf, a French company, and Lukoil, a Russian company, controlled pretty much all of Iraq’s oil reserves. A lot of people speculated this was all about oil, but now they’re missing the obvious:

Now open this PDF a new browser:

These instructions are critical, and a little tricky, so we’ll do it the easy way:

Go to page 19.
Look at line 5
Looks like the person on the income statement made about $100,000 in 2002 from their investiment in Total Fina Elf.

Now look back at the top of the that page and tell me who’s name’s on it.

Yup, it ain’t George Bush.

That strikes me as a major conflict of interest. Kerry stands to profit if the US loses in Iraq.

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