In Alaska, Ben "State Senator B" Stevens could be facing indictment
Yesterday, we reported on the indictments of three Alaska state legislators for bribery. We noted that the FBI had been investigating former State Senate President Ben Stevens. Ben is the son of U.S. Senator Ted Stevens. New reports from Alaska today indicate that Ben Stevens was implicated in a guilty plea from an oil company executive.
Federal authorities have not announced any action against former Senate President Ben Stevens, but there is little doubt he is the man referred to in VECO Corporation part-owner and CEO Bill Allen's indictment as "State Senator B." Those documents describe him as a man whose income from VECO vastly eclipses others charged in the corruption case.
The court filing, "the Factual Basis for Plea Against Bill Allen," said "State Senator B," was a senator from 2001 to 2006 and someone who was paid consulting fees by VECO.
It all points to Stevens.
The amount of consulting fees -- $243,000 -- correlates with the amounts in Stevens' financial disclosure filings.
In the court documents, Allen acknowledges that in actuality the payments provided to the senator were in exchange or giving advice, lobbying colleagues, and taking officials acts in matters before the legislature.
no crook left behind
More disgusting revelations. This needs a thorough investigation. It needs to be determined how much money from the student loan people has made its way into campaign coffers and Congressmen's wive's pockets (or cousin, or sister, etc.)
From the very first
IF a thorough investigation is conducted, it will be seen that Bush's first Secretary of Education started the rot, and that the rot has deep roots.
Another sleeper. More criminal indictments against Bushco.
Veco corp.
FYI: HQ in Anchorage, an Engineering and Construction giant, not an oil company. They specialize in refining and petrochemical projects.
for services rendered
Ben Stevens is the son of U.S. Senator Ted Stevens,
whom reports implicate in some of his son's corrupt dealings.
Senator Ted Stevens is not even on the CREW Most Corrupt List, which must mean that he is one of the Least Corrupt.
This nation is in trouble.
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WASHINGTON NANCY ZUCKERBROD
WASHINGTON NANCY ZUCKERBROD AP May 8, 2007 07:00 PM EST— The head of the Education Department's student loan office is stepping down amid growing criticism that the agency has been lax in overseeing the student loan industry.
Theresa Shaw is leaving her post as chief operating officer of the Federal Student Aid office, a job she has held since 2002, the department said in a statement. The office administers federal student aid programs.
The statement said Shaw told Education Secretary Margaret Spellings in February that she planned to leave the department, but not until June 1.
Shaw previously worked at student loan giant Sallie Mae, also known as SLM Corporation. Critics in Congress and student advocates have complained that the department has too many people with ties to the student loan industry in charge of overseeing that industry.
Shaw headed the office where student loan official Matteo Fontana worked until it was disclosed by the Higher Ed Watch blog that he had at least $100,000 in stock in a student loan company, an apparent conflict of interest. Like Shaw, Fontana previously worked at Sallie Mae.
The disclosure about Fontana's stock came a month after former Deputy Secretary of Education Eugene Hickok acknowledged he didn't sell stock he was supposed to sell while on the job and agreed to pay the government $50,000 as part of a settlement.