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Kathy Sullivan made an excellent observation in yesterday's (dead tree only) UL that adds another data point of credibility to the allegation that Frank Guinta funneled $355,000 of someone else's money into his campaign:
...The City of Manchester requires elected officials to file a financial disclosure report each year. The reporting requirements are not onerous. The elected official merely has to list his employer, any business relationships, any investments in excess of $50,000 (including real estate), and any company in which the official owns more than 5% of the stock. The 2002, 2003, 2004 and 2005 reports filed by then Alderman Guinta list no investments of any kind - no stock, no real estate, and no bank accounts.
...Did he forgot about that account all those years, too, if it in fact existed? Or did he not consider money in the bank an investment? Although the form requires investments of over $50,000 that produce income to be listed, Guinta could have thought the interest paid by the bank on the account was a present. Or maybe he found the form "convoluted," another excuse for failing to include the mystery bank account on his congressional form. Guinta always has an excuse. Those excuses are wearing thin. His old boss, former Congressman Jeb Bradley, suggested Guinta produce evidence that he was telling the truth about the previously unreported bank account.
There's more to the story there as well concerning a second Manch condo that was never listed as an investment property.
Meanwhile, the drumbeat grows; Team CSP Communications Director Jamie Radice:
"Frank Guinta is being dishonest with Granite Staters, and everyone knows it" said Shea-Porter Communications Director Jamie Radice. "Guinta and his staff can't even get their stories straight. He is using this slush fund to finance his campaign, and he has an obligation to tell voters where the money came from. The reality is, ethics do matter. If Frank Guinta had nothing to hide, he would have released his bank statements long ago. Rather than coming clean, Guinta wants to talk about "other" issues. However, public office is a public trust, and Frank Guinta must show the public that they can trust him."
It is amazing to me that a simple photocopy of a bank statement could have ended this story a month ago.
