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View Diary: How Olympia Snowe should have fought against polarized politics (119 comments)

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  •  Olympia Snowe got out of Dodge just in time (24+ / 0-)
    Nationally, most of the coverage of Snowe's decision to drop her reelection bid has focused on the centrist Republican's frustration with the polarized politics on Capitol Hill. But in Maine, a few newspapers have speculated that her husband's legal entanglements had a role in Snowe's sudden and surprising decision, which left her with more than $3 million in her campaign coffers and her party without a Senate candidate less than three weeks before the filing deadline for Maine's June 12 primary.

    According to the senator's most recent financial disclosure form, she and her husband, former Maine Gov. John McKernan Jr., have investments worth between $2 million and $10 million in Education Management Corp., a Pittsburgh-based company that operates for-profit higher education institutions. McKernan is chairman of the board of directors of the company, now embroiled in a lawsuit in which the federal goverment, 11 states and the District of Columbia are seeking to recover a portion of the $11 billion in federal student aid that the education firm has received since July 2003.

    Originally filed in April 2007 by a pair of whistleblowers, the lawsuit alleges that the company violated a federal law that prohibits schools from paying admissions officers based on the number of students they recruit and enroll. Those numbers can affect a school's revenues because more students mean a school is potentially eligible for more federal aid dollars. The whistleblowers alleged, and provided documents indicating, that they were paid bounties for the number of students they enrolled.

    Here we are now Entertain us I feel stupid and contagious

    by Scarce on Sun Mar 04, 2012 at 05:40:07 PM PST

    •  Well, the bipartisan thing sounded feasible. (2+ / 0-)
      Recommended by:
      Woody, My Spin

      Your left is my right---Mort Sahl

      by HappyinNM on Sun Mar 04, 2012 at 05:57:58 PM PST

      [ Parent ]

    •  How Would a Lawsuit Affect Her Senate Seat? (1+ / 0-)
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      Add to complications making it unlikely to be renominated?

      Or does absconding with the 3 million help with legal fees.

      We are called to speak for the weak, for the voiceless, for victims of our nation and for those it calls enemy.... --ML King "Beyond Vietnam"

      by Gooserock on Sun Mar 04, 2012 at 06:15:36 PM PST

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    •  Yep. This is the real reason n/t (2+ / 0-)
      Recommended by:
      Palafox, onofftopic
    •  Great info Scarce NOW we know the real reason not (5+ / 0-)

      the BS.

      The way she did it was more to save her reputation and take attention off the real issue.

      She and her hubby are being investigated for cheating the GOV!!! I wonder if the national media will pick up on that or ignore it. I'm sure the Republican big wigs will try to supress this info. All they need is another scandal.

      Maybe if Rush hears about it he will, Umm lets see maybe... Oh yeah... Send her flowers from ProFlower. No that won't work they will not accept his promo code any more.

      Since she is Republican he won't call her a slut or say anything negative soo......

      Ahh.... I know what he'll do.....

      He'll say she's a great educator for showing how a private school can game the system!!!

      Just A Real Nice Guy, thinking out loud.

      by arealniceguy on Sun Mar 04, 2012 at 08:27:24 PM PST

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