|
The judge who overturned the Obama administration's moratorium on deep-water oil drilling in the Gulf of Mexico following the BP oil spill took part in the case even though he owned up to $15,000 in Exxon Mobil stock and the company had one of the 33 existing exploratory rigs shut down by the drilling ban. But the public did not know that U.S. District Judge Martin Feldman owned Exxon Mobil stock because his report was not available. After his ruling, Feldman revealed that he owned the stock but sold it prior to issuing his decision. Feldman said he didn't learn he owned the stock until June 21, the same day he heard arguments from energy companies challenging the moratorium and the administration. Under the filing deadlines, his report should have been available. Federal law requires judges to disqualify themselves from hearing cases involving a company in which they have a financial interest. More broadly, the law says a judge should step aside from a matter "in which his impartiality might reasonably be questioned." Computer software maintained by the federal judiciary is supposed to signal when a judge owns stock in a company that is a party to a lawsuit. Exxon Mobil was not a party to the lawsuit that Feldman heard. Judicial Watch spends a couple of thousand dollars a year for a mountain of paper about federal judges' financial holdings. The reports are supposed to be available for public inspection by mid-June, but it typically takes the group around three months to compile, scan and post the reports on their website, where they may be read free of charge. Judges will be able to file their reports electronically beginning next year, but they have not taken any steps to make the material available in the same fashion, rather than on paper. ___ Online: House records: http://tinyurl.com/ybezy7j
[Associated
Press;
Copyright 2010 The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or
redistributed.
News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries
Community |
Perspectives
|
Law & Courts |
Leisure Time
|
Spiritual Life |
Health & Fitness |
Teen Scene
Calendar
|
Letters to the Editor