Rep. Jefferson informs ethics panel of loan to Jackson

[babylonsister]

http://thehill.com/leading-the-news/rep.-jefferson-informs-ethics-panel-of-loan-to-jackson-2007-06-14.html

Rep. Jefferson informs ethics panel of loan to Jackson
By Elana Schor
June 14, 2007
Rep. William Jefferson (D-La.) notified the House ethics committee weeks ago of a two-year-old loan he made to Vernon Jackson, the Kentucky businessman now in prison for bribing him, according to financial disclosures released on Thursday.

The late disclosure of the $10,000 loan could further hobble Jefferson’s defense when his case goes to trial in January and embolden the members of both parties calling for his resignation. According to media reports in Kentucky, Jackson reported the loan to the FBI soon after he agreed to cooperate with the Jefferson inquiry in August 2005.

The $10,000 loan, which is still outstanding on Jefferson’s 2006 financial statement, may play a more infamous role in the government’s case against the embattled Louisianan. The $90,000 found in Jefferson’s freezer came from $100,000 offered him by government informant Lori Mody in July 2005, but little is known of the remaining $10,000 — other than its FBI status as accounted-for.

[Horse with no Name]

1. I don't like dirty politicians of any stripe

If he is guilty he needs to go.

[babylonsister]

2. Nor do I. That accounts for the missing $10,000 was my first thought.

That's all.

[Horse with no Name]

3. It sure does.

I am not a great believer in perpetual coincidences...in our party or theirs.