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Tuesday, May 19
The Indiana Daily Student

Daniels had other options

Jeers to the Indiana Daily Student for its endorsement of Mitch Daniels' decision to sell his Indiana Power & Light Company stock, conveniently, before the company was sold out of state. ("Daniels right to sell stock" Oct. 4). This decision cost hundreds of Hoosiers their life savings while corporate executives like Daniels walked away with $71 million! Perhaps the IDS should have done some real investigative journalism and gathered the facts (not just according to Mitch Daniels' Web site). So I have decided to do a little investigating of my own. \nThe IDS staff editorial contends that Daniels was complying with federal law in selling his stock. However, in a sworn deposition, Daniels himself acknowledged that he could have put his stock in a blind trust while serving as Director of the Office of Management and Budget to comply with federal law and that he did not have to sell his IPALCO stock (Daniels deposition, Joseph J. Nelson et al. vs. IPALCO Enterprises et al., WTHR, 1/30/04). Daniels really did have an alternative, though your editorial claimed he did not. So next time, please know the facts before releasing an irresponsible staff editorial.

Mandy Carmichael\nSenior

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