Hadn't seen this here before...my brother pointed this out to me!
– Washington D.C. defense contractor Mitchell Wade pled guilty last February to paying then-California Rep. Randy “Duke” Cunningham more than $1 million in bribes.
– Wade’s company MZM Inc. received its first federal contract from the White House. The contract, which ran from July 15 to August 15, 2002, stipulated that Wade be paid $140,000 to “provide office furniture and computers for Vice President Dick Cheney.”
– Two weeks later, on August 30, 2002, Wade purchased a yacht for $140,000 for Duke Cunningham. The boat’s name was later changed to the “Duke-Stir.” Said one party to the sale: “I knew then that somebody was going to go to jail for that…Duke looked at the boat, and Wade bought it — all in one day. Then they got on the boat and floated away.”
– According to Cunningham’s sentencing memorandum, the purchase price of the boat had been negotiated through a third-party earlier that summer, around the same time the White House contract was signed.
To recap, the White House awarded a one-month, $140,000 contract to an individual who never held a federal contract. Two weeks after he got paid, that same contractor used a cashier’s check for exactly that amount to buy a boat for a now-imprisoned congressman at a price that the congressman had pre-negotiated.
This sounds like potential dynamite
http://thinkprogress.org/2007/03/19/carol-lam-white-house/
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