Roberts' stock ownership raises potential for recusals

[struggle4progress]

By Robert Schroeder
Last Updated: 9/11/2005 11:10:50 AM

WASHINGTON (MarketWatch) -- <snip>

According to Roberts' report to the Senate Judiciary Committee, which begins hearings on his nomination Monday, the federal appeals court judge's net worth was $4.6 million on Aug. 1.

His individual holdings include pharmaceutical firms like Merck & Co. (MRK) and Pfizer Inc. (PFE) as well as technology concerns like Intel Corp. (INTC), Texas Instruments Inc. (TXN) and Microsoft Corp. (MSFT), and he also owns shares in numerous mutual funds, totaling $1.7 million. <snip>

Roberts might have to bow out of cases involving some of Corporate America's biggest players, like Johnson & Johnson (JNJ), in which Roberts owns $12,864 worth of shares, and Hewlett Packard Co. (HPQ), in which Roberts owns $20,016.

Among Roberts's biggest holdings are XM Satellite Radio Holdings Inc. (XMSR), in which he owns $291,200, and Time Warner Inc. (TWX), in which he owns $212,992. <snip>

http://www.investors.com/breakingnews.asp?journalid=31559037&brk=1

[UTUSN]

1. Yes, But WILL He (bow out)? I Don't THINK So n/t

[me b zola]

2. I am glad that this is finally getting reported

A couple of DUers had unearthed this and so much more about his wifey,too.

Can you say "war profiteers"? I knew you could.

[RUMMYisFROSTED]

3. I hear the Cheney V. Concerned American People will come into play

here.

Side note: Another millionaire? I'm truly shocked!

[Zynx]

4. He owns some real dogs in that portfolio.

Merck and Pfizer are two of the worst stocks I can think of to own. They have so many problems.

[countmyvote4real]

5. And he would be in a position to make those dogs hunt. n/t