Wednesday, May 3, 2017

How Can You Tell That Someone is a Rich Exploiter?

Who they sleep with.  5/2/17 Seven Days (apparently a local Vermont paper:
Leavitt is one of five people formerly associated with Burlington College who have confirmed to Seven Days that they were contacted, interviewed and, in some cases, subpoenaed by federal authorities over the past 15 months. While much about the inquiry remains shrouded in mystery, documents and interviews suggest that it is a serious criminal investigation focused on a $6.5 million bank loan application the college made in 2010 to pay for a $10 million lakeside campus.
The woman who signed that application? Former Burlington College president Jane O'Meara Sanders, the wife of 2016 presidential candidate and U.S. Sen. Bernie Sanders (I-Vt.).
The investigation appears to stem from a January 2016 complaint filed by Vermont Republican Party vice chair Brady Toensing on behalf of Catholic parishioner Wendy Wilton, a conservative activist and Rutland City treasurer. Toensing alleged that O'Meara Sanders committed federal loan fraud by inflating the number of fundraising commitments she had secured to buy the 32-acre North Avenue campus from the Roman Catholic Diocese of Burlington. When those donations failed to materialize, the college defaulted on its loans — costing the church, which financed a portion of the sale, between $1.6 million and $2 million.
Note that this investigation is not post-Trump, but started in 2016.

2 comments:

hga said...

And people wondered how they just bought a $600K "vacation home" when his declared net worth was about that much.

JLW III said...

Yeah, but Trump and the Republicans will get blamed for it.