I am fascinated by these stories -they lay bare the level of hubris and arrogance that is bred with one-party rule - esp with the corporate party - where govt money is viewed as theirs for the taking.
It is starting to look like a slush fund was established of a sort. The stories are hard to keep track of - as it is unwinding so quickly. It is worth following closely.
These are the stories that are most recent, and at least to my read have new info:
"COIN-GATE"
White touted Bush ties to help get federal post
Now he investigates GOP, Noe{key story line - the US Attorney investigating the Taft admin, needed Taft rec.s and ties to get his appointment}
http://toledoblade.com/apps/pbcs.dll/article?AID=/20050729/NEWS24/50729003Online gaming exec gained state audience
Documents show key figures engaged in lobbyingfrom the story:
Even after issuing stock to some of the most influential Ohioans - including Ohio Republican Party Chairman Bob Bennett and Brian Hicks, Governor Taft's former chief of staff - Mr. Ach was unsuccessful in convincing the state to put its lottery online.
The Blade first reported on Wednesday that Tom Noe, the former Toledo-area coin dealer under investigation, invested at least $150,000 of the state's money with the company.
http://toledoblade.com/apps/pbcs.dll/article?AID=/20050729/NEWS24/507290436Supreme Court puts Petro on notice
Facing possible contempt citation, official must explain failure to release coin data{summary: Court aggravated that Petro has defied their order to release documents - releasing only 3 boxes of an estimated 120 boxes - and has given Petro's office a deadline of Monday for an argument explaining why they shouldn't be held in contempt.}
http://toledoblade.com/apps/pbcs.dll/article?AID=/20050729/NEWS24/507290449Thick web.
Last weekend I tried to tease together some of the level of fraud that have been disclosed so far. Will try to write a summary (pulling from different disclosures in different news items.) The problem is that there is SO much coming - that it is hard to keep track and weave back together into a single story in order to start getting a more clear picture of what was going on. Why is it important? I would bet that there are many other similar schemes with other "fund managers" of state money in Ohio - as Noe got down to business so quickly (skimming money off the top and immediately funneling some back to party interests and candidates) - and that even after losing money - a second huge investment was made? There is, to my mind, a bigger story that goes up the totem pole from Noe lurking behind this story.