Nevada politics guru John Ralston has posted some big news on his blog in the close District 4 congressional race between Democrat Steven Horsford and Republican Danny Tarkanian. It would appear that Federal Deposit Insurance Corporation has asked for a federal court judgment of $17,000,000(!) against Tarkanian and could the court please rule on it next week.
More below the squiggle:
In a document filed in federal court, the Federal Deposit Insurance Corporation has asked a judge to allow it to register a $17 million judgment against congressional hopeful Danny Tarkanian, citing the Las Vegas businessman's failure to respond to a previous motion.The actual filing is linked off of Ralston's article.
Tarkanian had hoped to stave off any damage from the judgment until after the election. But the submission today . . . asks the court to rule a week from Monday on whether the judgment can be certified -- thus allowing the FDIC to go after Tarkanian's assets.
According to an affidavit included with the filing, Tarkanian's lawyers agreed to an Oct. 8 deadline for answering the call for the certification and missed it. The FDIC argues in its current filing that not answering is, by court rules, a de facto admission of non-opposition.
The race for Nevada's new 4th, largely minority, congressional district has been all over the place and is pretty close despite a Democratic registration edge.
Tarkanian, the son of legendary UNLV basketball coach Jerry Tarkanian, had earlier put his foot in his mouth by saying that he understands blacks better than the African-American Horsford, because of all the time he spend hanging out with the team with dad.