Blackwell bought Diebold stock in 2005
Blackwell Held Shares In Election-Machine Maker
Ohio Ethics Commission
First posted: 4/3/2006 9:33:58 PM
COLUMBUS, Ohio (AP) — Secretary of State Kenneth Blackwell revealed Monday he accidentally invested in shares of voting-machine manufacturer Diebold Inc. last year, a period when he was sued by other manufacturers over contracts that Diebold was up for. In a required ethics filing, Blackwell, who is seeking the Republican nomination for governor, said his investments are directed by an accountant and financial adviser without his knowledge or help, “similar to a blind trust.”
He said a manager of his investments account at Credit Suisse First Boston bought 178 shares of Diebold stock at $53.67 per share in January 2005.
Blackwell said the manager did not follow instructions to avoid such investments.
He said 95 shares were later sold at a loss but he still held 83 shares until discovering them and liquidating them Monday, also at a loss.