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AP Exclusive: Reid got $1M in land sale
AP ^
| Oct 11, 2006
| By JOHN SOLOMON and KATHLEEN HENNESSEY, Associated Press Writers
Posted on 10/11/2006 11:21:50 AM PDT by Prost1
WASHINGTON - Senate Democratic Leader Harry Reid collected a $1.1 million windfall on a Las Vegas land sale even though he hadn't personally owned the property for three years, property deeds show.
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In the process, Reid did not disclose to Congress an earlier sale in which he transferred his land to a company created by a friend and took a financial stake in that company, according to records and interviews.
The Nevada Democrat's deal was engineered by Jay Brown, a longtime friend and former casino lawyer whose name surfaced in a major political bribery trial this summer and in other prior organized crime investigations. He's never been charged with wrongdoing — except for a 1981 federal securities complaint that was settled out of court.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Breaking News; News/Current Events
KEYWORDS: bookhimdano; crook; cultureofcorruption; democrats; dingyharry; dustyharry; eggonmyface; glasshousesalert; harryreid; jaybrown; lasvegasmafia; magnificentbastard; oopsididitagain; reid; rove; rovesfault; rymb; soiledharry; surprise; whitewaterii
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To: Bobkk47
Isn't this a crime under 18USC?Depends on party affiliation.
101
posted on
10/11/2006 11:41:46 AM PDT
by
The G Man
(The NY Times did "great harm to the United States" - President George W. Bush 6/26/06)
To: The G Man
To: jimbo123
What Hillary wants Hillary gets (among the Democrats that is).
To: Prost1
Reid & Pelosi should resign.
Who knew what & when did they know it!!
We need a special investigation.
What is the ethics committee doing about this?
104
posted on
10/11/2006 11:42:33 AM PDT
by
LADY J
To: craig_eddy
...they're still the party of the people...
And they speak truth to POWER! What ever that means.
105
posted on
10/11/2006 11:42:33 AM PDT
by
Holicheese
(Beerfest could be the greatest movie ever made!)
To: maggief
106
posted on
10/11/2006 11:42:35 AM PDT
by
The G Man
(The NY Times did "great harm to the United States" - President George W. Bush 6/26/06)
To: Prost1
Looks like "Dingy" Harry smoothed the way in Congress for this one. Guess he must believe, "the Law helps those who help themselves".
107
posted on
10/11/2006 11:42:42 AM PDT
by
Panzerlied
("We shall never surrender!")
To: Prost1
To: art_rocks
This surprise is courtesy of Hillary and her friends at the Associated Press.
To: RoseofTexas
Someone told me the other day that the Dems were bracing for Rove's counterattack.
To: Prost1; onyx; Howlin
"After getting local officials to rezone the property for a shopping center, Brown's company sold the land in 2004 to other developers and Reid took $1.1 million of the proceeds, nearly tripling the senator's investment. Reid reported it to Congress as a personal land sale.
The complex dealings allowed Reid to transfer ownership, legal liability and some tax consequences to Brown's company without public knowledge, but still collect a seven-figure payoff nearly three years later.
Reid hung up the phone when questioned about the deal during an AP interview last week."
Typical response for the party of corruption .
111
posted on
10/11/2006 11:43:44 AM PDT
by
1035rep
To: Carry_Okie
"Reid is a big-time crook."
What better place to ply his crookedness than the senate?
To: All
Folks this is the AP, therefore it will be in 95% of the newspapers in this country! The accusation alone will kill the donks!"
113
posted on
10/11/2006 11:43:47 AM PDT
by
jrooney
( Hold your cards close.)
To: Prost1
"The seller never talked to Reid." Don't you just love this matter-of-fact assumption?
"Reid hung up the phone when questioned about the deal during an AP interview last week."
We have a leaker at the AP!!! I'm sure this incident was marked classified!!!
114
posted on
10/11/2006 11:44:04 AM PDT
by
Niteranger68
(I gigged your peace frog.)
To: jimbo123
OK, I'm confused. What would be the Hildabeast's motivation in all of this?
To: Texas Songwriter
Depends on whether or not the Clintons support him.
To: mainepatsfan
I gurantee that's already in the talking points.So when is Harry checking himself into rehab?
117
posted on
10/11/2006 11:44:26 AM PDT
by
NeoCaveman
(living in interesting times)
To: Texas Songwriter
Aren't you talking about Nicholsons' movie, "China Town"? Nope. I'm talking about an enormous underground aquifer north of Las Vegas.
118
posted on
10/11/2006 11:44:31 AM PDT
by
Carry_Okie
(There are people in power who are truly evil.)
To: pinz-n-needlez; onyx; ohioWfan; Texasforever; BigSkyFreeper; Tamzee; mrs tiggywinkle; Dog; ...
119
posted on
10/11/2006 11:44:41 AM PDT
by
Mo1
(SUPPORT FREE REPUBLIC - BECOME A MONTHLY DONOR)
To: ErnBatavia
Why should we ask for it? He is helping us out on this type of BS!!!
120
posted on
10/11/2006 11:45:01 AM PDT
by
misterrob
(Bill Clinton, The Wizard of "Is")
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