Tue
Jun 11 2013
03:32 pm

Haslam Invested in Company Winning $330M State Contract

Bonus: Paid same company $11 million in consulting fees to study the problem and recommend hiring themselves to solve it...

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R. Neal's picture

Yes, plus when your family is

Yes, plus when your family is so successful and has so many billions you have to put somewhere it's inevitable you will have invested in nearly every business in the state or at least have been pals with them at some point.

It's not his fault his family is so successful. It's just business. If people would just work harder and be more successful they might get to know him, too.

bizgrrl's picture

Think he'll have a beer with

Think he'll have a beer with me?

Rachel's picture

Well, if Dick Cheney could

Well, if Dick Cheney could head up the search committee that suggested himself for VP.....

Elwood Aspermonte's picture

Funny how Furrow sold a building to the state

after Big Jim had loaned his wife $1 million cash on the Nantucket property.

(link...)

KNS conveniently forgot to report the financial obligation Ann has to Big Jim which was subrogated last week to a $2.7 million loan on the Nantucket property from Home Federal (wonder who got to inspect that collateral before the loan?)so obviously the big mortgage to Big Jim hasn't yet been repaid. It's all out there at (link...). Not real hard to find even with a dial up modem.

Not to mention all of the guarantys and necessary loan collateral requests for various commercial local real estate developers in and around Knoxville. It's one thing to pick winners and losers on the private side with a big wallet, when you hold public office, regardless of the size of the wallet, the selection of who get in on the deals and who stays on the sidelines is a textbook example for bad government, bad politics, and wholesale lack of ethics. But who cares, the KNS won't report it, won't investigate it, they'll be slinging 25,000 papers to the Pilot c-stores to give away with those cups of coffee, donuts, cold beer, cigarettes, and lottery tickets each and every Friday. Reach on down for the Tennessean until the KNS can't ignore it and then cancel your KNS subscription.

PilotLite's picture

Ouch Sourcing

Keep digging.

You will turn up Brad Martin and the rest of the gang.

rht's picture

so many troublesome aspects to this -- stinks like putrid fish

so fishy -- hard to believe that Bill is clean on this. At very best, giving him benefit of any doubt, he and his staff were just incredibly clueless as to how bad it would look.

I'm not sure how TN blind trust system works, but i'd guess you are assumed to still own an asset until the trustee notifies you it has been sold. Sad that Bill and his staff failed to see the ethics issues coming coming and were not prepared to answer whether JLL had been sold.

even if it had been sold, Bill should have stayed totally out of the procurement process -- not even making suggestions -- just to avoid the appearance of impropriety. Report is not clear on whether he was personally involved in any way, but having his chief of staff and special asst involved so deeply sure is suspicious.

questionable ethics and questionable procurement practices. I hope the reporters stay on this story.

Average Guy's picture

The “Blind” Trust

is a farce.

Who thinks he did his own investing anyway? It’s likely whoever handled his investments before, does now, thus that outfit would know prior connections and history.

You'd think this kind of stuff would be what drives Conservatives crazy, but.., but,but.., BENGHAZI!

R. Neal's picture

Republican Speakers of state

Republican Speakers of state House and Senate call for probe...

(link...)

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