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As featured on p. 218 of "Bloggers on the Bus," under the name "a MyDD blogger."

Wednesday, June 15, 2005

Corruption Part II

Looks like Duke Cunningham and Ted Stevens have been comparing notes:

WASHINGTON — Sen. Ted Stevens (R-Alaska) made $822,000 last year from the sale of a controversial real estate investment with an Anchorage developer who had obtained a huge federal contract with his help, records show.

In 1997, Stevens invested $50,000 with developer Jonathan B. Rubini. Last year, at Stevens' request, Rubini and his partner bought back the senator's interests in their deals for $872,000, according to Senate financial disclosure forms made public Tuesday.

About three years after he made that investment, Stevens helped Rubini secure a $450-million Air Force housing contract. The senator had no financial interest in that deal.


Just the fact that they have to say "no financial interest in that deal is telling enough.

(p.s. really no way for me to do a lot of updating this week, I'll have to get to it over the weekend)

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