Brandon Bell has a point, and it’s not going away:
When this story involving Everquest first broke earlier in the year, I posted that it caused me great concern for our potential US Senate nominee. It was apparent from my research that there may be a “purp walk” for those involved in the Everquest scheme. Everquest was, if you don’t remember, a company set up to offload non performing sub prime mortgage investments from Bear Stearn’s hedge funds. The company tried to go public in the summer of 2007 but failed when it became apparent what the purpose of the company was. The problem for Gov. Gilmore was, and is, he was the Chairman of the Board of Everquest Financial. It was his responsibility for hiring Ralph Cioffi as CEO. I noted when the Gilmore campaign issued a press release when the story first broke that it was filled with holes. It seemed to be written by someone with no true knowledge of the situation or someone with something to hide.
Fair point… and given the most recent 27point deficit Gilmore is running, things don’t look good for the home team.