Alex Balk

Apr 08

It wouldn’t be much of a surprise to find that the information for this very item was supplied by Stone.

Infamous Republican hit man Roger Stone was directly involved in the downfall of Clinton campaign chief strategist Mark Penn. Information printed by conservative columnist Robert Novak last Saturday that Penn’s company — Burson Marsteller — was kiting $3 million worth of polling bills in possible violation of the federal campaign finance laws, was supplied by Stone. Stone was formerly a partner in the Black, Manafort Stone and Kelley consulting firm, which was ironically acquired by Burson Martsteller in 1998. The late Lee Atwater was also a partner in Stone’s firm. Stone was also the person who leaked word of Penn’s contract last week with the Colombian government to help strategize for a free trade agreement (note: which Hillary Clinton opposes). While Penn stepped down from the post of chief strategist over the weekend, he clearly remains involved in Clinton’s inner circle. Last month Stone was credited by national media sources as the person who tipped off the feds to now-resigned NY Governor Eliot Spitzer’s involvement with a high-priced prostitution ring.
All that aside, I think more companies should be “ironically acquired.” We need more absurdity in the world of finance; I’d love to see a spate of meta-hostile takeovers.