Bill White caught lying about his shady foreign business deals...

I may have to make several blogs on this one topic because there is so much here...

Read for yourself the story of Bill White, his Department of Energy experience in the William Jefferson Clinton administration, his experience with Frontera energy, and his Wedge Group dealings...

All very shady (link). Excerpt follows...

DALLAS — Democratic candidate for governor Bill White, in his first public acknowledgment, has confirmed that he has made a profit from his investment in an oil exploration company he founded that ran into financial trouble after a central Asian republic demanded more of the revenue from its field.

In a story in Sunday's edition of The Dallas Morning News, the former Houston mayor confirmed that he has made $1.7 million in capital gains and $1.1 million in net profit from the sale of more than 1.4 million shares of Houston-based Frontera Resources over a four-year period beginning in 2006. He still owns almost 96,000 shares, but resigned his chairmanship in 2001.

During his 2003 mayoral run, he told the Houston Chronicle that he hadn't "made a penny" on his investment in the oil and gas exploration company he founded in 1996. "I have some stock, but it is so subordinated to the other interests that I am told that it has little or no economic value."

Main conclusions at first glance...

Bill White seems to be a pathological liar...

Bill White needs to release his taxes for these times so the people can examine some of these connections better...

Bill White has some seriously shady business history...