Hits and misses: McCrory failed to report Duke stock

http://hamptonroads.com/2014/08/hits-and-misses-mccrory-failed-report-duke-stock

Hits and misses: McCrory failed to report Duke stock
The Virginian-Pilot
© August 16, 2014

When North Carolina Gov. Pat McCrory filed his annual ethics and economic disclosure form in April, he failed to report ownership of at least $10,000 worth of stock in Duke Energy.

McCrory, who worked for Duke for 29 years, finally acknowledged this week that he had sold the stock after the nationwide publicity about the company's coal ash spill in February.

McCrory has filed an updated disclosure form listing the Duke stock. He says his lawyer misread the instructions.

But given the seriousness of the spill - 39,000 tons of coal ash, a toxic sludge and 27,000 gallons of contaminated water went into the Dan River after a drainage pipe collapsed - the omission is unfortunate at best.