Rumsfeld Seeks Delay in Selling His Investments
Defense Secretary Donald H. Rumsfeld is asking for a second extension on the deadline for divesting himself of millions of dollars in investments that could pose a potential conflict of interest, the Pentagon said.
Rumsfeld submitted a request for another 90-day extension to the Office of Government Ethics and the Senate Armed Services Committee because divesting himself is proving “much more difficult” than he planned, his spokesman said.
Rumsfeld failed to meet an April 20 deadline to divest stocks, partnerships and other holdings. He has amassed a multimillion-dollar portfolio and served on the boards of several top companies.
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