Va. first lady bought stock in Star Scientific

[mahatmakanejeeves]

Va. first lady bought stock in Star Scientific
http://www.washingtonpost.com/local/virginia-politics/va-first-lady-bought-stock-in-star-scientific/2013/08/16/8757f8fc-06c7-11e3-a07f-49ddc7417125_story.html

By Rosalind S. Helderman and Carol D. Leonnig, Published: August 16

Maureen McDonnell, the first lady of Virginia, twice purchased thousands of shares of stock in Star Scientific, a spokesman for McDonnell’s legal team confirmed Friday night. The stock was bought and held in the same time frame that she and Gov. Robert F. McDonnell were taking steps to promote the dietary supplement company.

Spokesman Rich Galen said the first lady did not inform the governor either time she purchased stock, which Galen said she bought for herself and her children.
....

Bill Burck, an attorney for the first lady, said she purchased 6,000 shares of Star stock on June 1, 2011. That was the same day she spoke at a gathering of doctors and investors in Florida and told them she supported the company and believed its new product could be used to lower health-care costs in Virginia.
....

Under Virginia law, if McDonnell (R) or his wife held more than $10,000 in Star stock at the end of either 2011 or 2012, he would have been required to disclose the holding on his annual statement of economic interest, filed each January.

[geckosfeet]

1. Oh brother. Buys stock then goes on stump for the company.

Abuse of power and conflict of interest much?

Our fucking leaders are incompetent and out and out crooked. Appearance of a crime does not even concern them anymore.

[Jackpine Radical]

2. "Appearance of a crime does not even concern them anymore."

Why should it? Nothing happens to them.

[atreides1]

3. She didn't tell him?

She spent $30,000 and he had no idea...hell I take $20 out of an ATM and my wife knows about at the end of the day!

[FSogol]

4. Off to the Federal Pen with the pair of them.

[Larry66]

5. grim future

The right wing has gotten such control over the media in this state they can commit crime without fear of being held accountable. I say that because I have to search to find any information about the scandals involving the governor or Cuccinelli. I fear that with current house district gerrymandering and the citizens united verdict that this country will make nazi Germany look like Disney World in the not too distant future.