Annals of Army generals: ‘penny stock’ Wesley Clark, and who is the new chief?
Wesley Clark, once a four star officer, next a failed presidential candidate, and then involved in some kind of reality TV show, has become “a penny stock general,” says Bloomberg News.
Wesley Clark, once a four star officer, next a failed presidential candidate, and then involved in some kind of reality TV show, has become “a penny stock general,” says Bloomberg News. In an impressive story, Zachary Mider and Zeke Faux write that:
“Since he ran for president in 2004, Clark has joined the boards of at least 18 public companies, 10 of them penny-stock outfits, whose shares trade in the ‘over the counter’ markets, a corner of Wall Street where fraud and manipulation are common.”
All but one of the 10 lost value during Clark’s tenure. Three went bankrupt shortly after he left their boards, and the chief executive officer of one pleaded guilty to fraud.”
In the department of picking Army generals: I have never met the new Army chief of staff, Mark Milley, that I can recall. But I am hearing some very bad vibes about him, real unhappiness with this selection. People wonder how it happened that of all the available candidates, it was Milley, kind of a non-entity, was tapped.
In other officer news, the commander of the Air Force “boneyard” in Arizona got fired.
John Foster/DefenseLink Multimedia/Flickr
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