Army contracts now in the VA Senate race

The Virginia Senate race has been one of the big surprises of this election season if only because incumbant Sen. George Allen (R-Va.) almost seems to be trying to lose. There has just been a torend of bad news starting with the "mukaka" incident followed by his denial of being Jewish, and then, yesterday, the Associated Press posts a story headlined, "AP: Allen failed to report stock options." And there is a government contract connection.

For the past five years, Sen. George Allen has failed to tell Congress about stock options he got for his work as a director of a high-tech company. The Virginia Republican also asked the Army to help another business that gave him similar options.

Congressional rules require senators to disclose to the Senate all deferred compensation, such as stock options. The rules also urge senators to avoid taking any official action that could benefit them financially or appear to do so...

Allen served on boards of directors for Xybernaut and Commonwealth Biotechnologies and advised a third company called Com-Net Ericsson, all government contractors.