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Republican presidunce's pal charged with insider trading.

by Harry Hope <rivrvu@[EMAIL PROTECTED] > May 25, 2008 at 10:04 AM

Dr Zachariah has been a regular invitee to the White House, President
Bush's ranch in Crawford, Texas, and been on board Air Force One
several times. 

Besides his close friend****p with President Bush and his father,
former President George H W Bush who has been to Dr Zachariah's home
on several occasions, the cardiologist is also extremely close to
erstwhile Florida governor Jeb Bush, the US president's younger
brother.

As governor, Jeb Bush appointed Dr Zachariah -- who also runs his own
clinic, the Fort Lauderdale Health Institute, with his brother Dr
Mammen Zachariah -- chairman of the powerful Florida Board of
Medicine, and then as a member of the Florida Board of Governors that
overseeing the state university system.

After he exited as governor, Jeb Bush appointed Dr Zach Zachariah to
the board of his educational think tank, the Foundation for Florida's
Future.

In 2004, both former President George H W Bush and Jeb Bush were the
keynote speakers at a fundraiser for President Bush's re-election at
Dr Zachariah's home, which netted over $1.5 million. 

On that occasion, Jeb Bush noted, 'Bush sup****ters flock to Zach's
house like migratory birds.'


http://in.rediff.com/news/2008/may/25aziz.htm

May 25, 2008

Bush's Indian pal under SEC scanner

Aziz Haniffa in Wa****ngton, DC
	

Dr Zachariah P Zachariah, arguably the most influential Indian-
American Republican, a a major fund-raiser for the party for more than
two decades and a close friend of the Bush family, has been charged
with insider trading by the United States's Securities and Exchange
Commission.

The SEC's complaint, filed in the US District Court for the Southern
District of Florida [Images], charges Dr Zachariah, 58, a Fort
Lauderdale, Florida-based cardiologist, and his brother, Dr Mammen P
Zachariah, 60, also a cardiologist, with illegal trading in the shares
of two unrelated companies.

The SEC alleges that Dr Zach Zachariah, a board member at
pharmaceutical company IVAX Cor****ation, began illegally trading in
IVAX securities only minutes after he learned that IVAX might be
acquired by Teva Pharmaceuticals Industries, Ltd. 

He tipped off his brother, who then purchased IVAX shares.

The SEC's complaint further alleges that the two brothers and Dr Zach
Zachariah's friend, Dr Sheldon Nassberg, 66, an endocrinologist, also
engaged in illegal insider trading in the stock of an unrelated
company, Correctional Services Cor****ation, around the same time as
the illegal IVAX trading.

______________________________________________________

Just another member of the Bush Crime Family, folks.

Harry
 




 1 Posts in Topic:
Republican presidunce's pal charged with insider trading.
Harry Hope <rivrvu@[EM  2008-05-25 10:04:05 

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