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Rumsfeld Sold Stakes in Pentagon Contractors

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Sold were all his shares in Millennium Chemicals Inc., St Paul Companies Inc., Sonoco Products Co., VF Corp. and Zebra Technologies Corp., according to an aide's handwritten note on the disclosure report.
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Millenium Chemicals makes titanium oxide. The stuff that goes into making paint and paper.

St. Pauls is an insurance company. Many here on the forums probably have a policy with them.

Sonoco is a boxmaker. It makes packaging products and shipping containers which the stuff you buy comes in.

VF is a clothing manufacturer. They own Wrangler Jeans, the Nautica clothing line, Vanity Fair bras, Tommy Hilfiger intimates, and other brands.

Zebra makes bar code reading products.


While I agree Rumsfeld should have put his assets into a blind trust, I can't see where one can reasonably say that he didn't hold onto his shares of a corrugated box and clothing manufacturer because he thought invading Iraq would cause their shares to spike.

BTW, the generic S&P 500 index did better than all but one of the companies listed above...

chart
 
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