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Palin Guilty of Major Ethics Act Violation: Must Return $386,000 in Contributions

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-24-10 11:59 PM
Original message
Palin Guilty of Major Ethics Act Violation: Must Return $386,000 in Contributions
Nearly a year after she quit her governorship of Alaska, Sarah Palin was found guilty today of another breach of the Alaska Executive Branch Ethics Act involving her so-called Alaska Fund Trust (AFT), which she established as a private "legal defense fund" while governor.

Timothy Petumenos, independent counsel for the Alaska Personnel Board (and ironically, the same independent counsel who issued the Troopergate findings nearly two years ago while Palin was the GOP vice-presidential nominee), presented the state's Findings, Consent Decree and Settlement Agreement this afternoon from the perfectly named Adventure Room of the Captain Cook Hotel in downtown Anchorage.

In what is an extremely detailed finding, Petumenos ruled that even though Palin assigned the research of forming the fund to her former spokesperson Meghan Stapleton and even though Palin relied on extensive outside legal counsel, that "the Trust itself, as ultimately conceived, violates the Ethics Act."


The finding is a stinging rebuke to Palin, who must now return more than $386,000 in contributions to the AFT.

It also forces her longtime political crony Kirstan Cole to be removed from serving as Trustee of the fund.

http://www.huffingtonpost.com/geoffrey-dunn/palin-guilt...
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saracat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 12:15 AM
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1.  LOL!
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HipChick Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 12:20 AM
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2. she's already started a new fund to beg for donations
keep fleecing those Palinbots....
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Blue_In_AK Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 12:48 AM
Response to Reply #2
5. Why, yes. Yes, she is.
I read "Meghan's" Facebook post at The Immoral Minority, I think, or maybe even the newspaper. It's kind of weird that she would come out of hiding now when we haven't heard a peep out of her since she left her spokesperson job a few months ago. Of course, I guess it IS her ass on the line here since she's the one who set up the trust, and Sarah is probably more than willing to throw her under the bus.

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RainDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 12:25 AM
Response to Original message
3. good news! n/t
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lpbk2713 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 12:32 AM
Response to Original message
4. "Um ... will they take turkeys?"











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Swamp Rat Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 12:59 AM
Response to Original message
6. HAHA!!
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hootinholler Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 01:12 AM
Response to Original message
7. I'm shocked
How much interest is she paying on this loan?

-Hoot
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 01:14 AM
Response to Original message
8. That's gonna leave a mark
That two bit grifter is going to end up so deep in the hole she'll never get out, no matter how much money her staff cons speaking venues and cable networks out of.
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no_hypocrisy Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 08:22 AM
Response to Original message
9. Let her donate her fee from U of Cal to pay her own lawyers.
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Soylent Brice Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-25-10 08:35 AM
Response to Original message
10. K&R
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