McAuliffe did not disclose death-benefit investment [View all]

[mahatmakanejeeves]

Comment, in relation to at least one reply: is this the debunked AP story from a few days back? Then how come it is dated October 14, yesterday? Further, the campaign itself isn't saying it's another Terry McAuliffe.

Also, please read the comments in the Post. A lot of people who will be voting for this guy aren't any too pleased. Please reall, Virginia's first governor was Patrick Henry. Its second was Thomas Jefferson. How did we end up with a choice of Cuccinelli, McAuliffe, or someone who can't possibly win?

With that out of the way, here we go:

McAuliffe did not disclose death-benefit investment
http://www.washingtonpost.com/local/virginia-politics/mcauliffe-did-not-disclose-rhode-island-death-benefit-investment/2013/10/14/2dc7b8aa-34de-11e3-8a0e-4e2cf80831fc_story.html

By Laura Vozzella, Published: October 14

RICHMOND — Gubernatorial hopeful Terry McAuliffe did not publicly disclose his investment with a Rhode Island man who preyed on dying people in forms filed with the state four years ago.

A financial disclosure statement that McAuliffe submitted in 2009, during his failed bid for the Democratic gubernatorial nomination, makes no mention of what was then an active investment with Joseph A. Caramadre, who has pleaded guilty to scamming terminally ill people.
....

McAuliffe said last week that he was a “passive investor” and unaware of any wrongdoing. He invested $33,000 and made a $47,000 profit, according to his campaign. He donated $74,000 to charity, an amount representing his earnings as well as a campaign donation from Caramadre.

McAuliffe’s campaign acknowledged that he did not include his investment on the Statement of Economic Interests he filed in 2009. McAuliffe spokesman Josh Schwerin said the former Democratic National Committee chairman was following the advice of his accountants and lawyers when he opted not to disclose the investment.