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DonViejo

(60,536 posts) Wed Feb 13, 2019, 09:33 AM Feb 2019

Howard Schultz Refuses to Promise He Would Sell His Starbucks Shares if He Runs and Wins

by Caleb Ecarma | Feb 12th, 2019, 11:26 pm

During his town hall on CNN Tuesday night, possible 2020 presidential candidate Howard Schultz dodged the question of whether he would sell his Starbucks shares if he decides to run and ends up winning the upcoming election.

“If you run for president, if you become president, Mr. Schultz, will you sell all of your shares in Starbucks?” CNN’s Poppy Harlow asked Schultz tonight, who responded by joking that “we’re getting way premature” with the question. “This is my third week since 60 Minutes,” he said.

Harlow continued by pressing him on the question, leading Schultz to give typical politician non-answer regarding the sale of his shares:

“Uh, I think the best way to say that is that I will do nothing whatsoever to have any conflict of interest between my investments overall or my interests in the company that I love, because I will put the role and responsibility and the accountability for results first if I run for president and I’m fortunate enough to win. And that is a promise I make to the American people.”

“Have you not decided if you would sell all of your shares?” the host asked again.

“I don’t think that’s the question. I think there are multiple ways to do this,” he responded. “No, no, I’m not evading the question. There are multiple ways to do this, set up a blind trust, to do lots of things to remove any conflict of interest.”

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https://www.mediaite.com/tv/howard-schultz-refuses-to-promise-he-would-sell-his-starbucks-shares-if-he-runs-and-wins/