Mark Warner Strategist Fined By SEC
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Mark Warner
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By Red Senate
Why is it that every one of Mark Warner's business associates and campaign officials seem to get caught in shady business schemes at one point or another?
Anyone remember Jerome Armstrong?
WASHINGTON - If Jerome Armstrong succeeds in refining the art of political warfare, Virginia’s ex-governor Mark Warner will be taking the presidential oath of office in front of the Capitol on Jan. 20, 2009.He was recently fined nearly $30,000 by the SEC:Armstrong is an evangelist for Democratic Internet activism, the founder of the blog Mydd.com, an alumnus of the Howard Dean campaign, and the co-author of a new book called Crashing the Gate: Netroots, Grassroots, and the Rise of People-Powered Politics.
On July 26, 2007, the Honorable John D. Holschuh, U. S. District Judge for the Southern District of Ohio, entered a Final Judgment as to defendant Jerome B. Armstrong ("Armstrong"). The Final Judgment permanently enjoins Armstrong from future violations of Section 17(b) of the Securities of 1933. The Final Judgment further orders Armstrong to pay disgorgement in the amount of $5,832, prejudgment interest of $3,235, and a civil penalty of $20,000. Armstrong consented to the entry of the Final Judgment without admitting or denying the allegations of the Commission's Complaint, except as to jurisdiction.
Jim Gilmore doesn't seem to have this problem. Mark Warner on the other hand has a pattern of ethical lapses among both himself and his associates. Anything to make a buck at taxpayer expense. It sort of reminds one of the mafia.
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