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More Noe fallout
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The information described below came ioff AOL headline this morning.
The political fallout continues and none of it enhances the Numismatic world. I suspect that this is not the final chapter in this scandal. It is ironical that much of what precipitated the coin market fallout of 1989 was due to the broadening of the coin market into the broader investment world.
COLUMBUS, Ohio (Aug. 18) - Gov. Bob Taft was charged with four ethics violations Wednesday for failing to report dozens of gifts that included dinners, golf games and professional hockey tickets, deepening a scandal that has rocked Ohio's Republican Party.
Taft, a Republican and member of a distinguished U.S. political family, becomes the first governor in Ohio history to be charged with a crime. The charges are also an embarrassment for a politician who has pushed for high ethical standards in his office.
Taft, could be fined $1,000 and sentenced to six months in jail on each count if convicted, though time behind bars was considered unlikely.
Taft will respond publicly on Thursday and is not planning to resign, spokesman Mark Rickel said. Prosecutors said they expected the governor to appear in court Thursday but declined to say whether a plea agreement was in the works.
The gifts were worth about $5,800 and given over four years, prosecutors said. Taft earlier had revealed that he failed to report some outings but said the omissions were accidental.
Prosecutor Ron O'Brien said the gifts included two golf outings worth $100 each paid for by embattled coin dealer Tom Noe. Noe is a Republican fundraiser whose $50 million investment of state money in rare coins launched the scandal that led to Taft's revelation that he failed to list golf outings on financial disclosure forms.
The political fallout continues and none of it enhances the Numismatic world. I suspect that this is not the final chapter in this scandal. It is ironical that much of what precipitated the coin market fallout of 1989 was due to the broadening of the coin market into the broader investment world.
COLUMBUS, Ohio (Aug. 18) - Gov. Bob Taft was charged with four ethics violations Wednesday for failing to report dozens of gifts that included dinners, golf games and professional hockey tickets, deepening a scandal that has rocked Ohio's Republican Party.
Taft, a Republican and member of a distinguished U.S. political family, becomes the first governor in Ohio history to be charged with a crime. The charges are also an embarrassment for a politician who has pushed for high ethical standards in his office.
Taft, could be fined $1,000 and sentenced to six months in jail on each count if convicted, though time behind bars was considered unlikely.
Taft will respond publicly on Thursday and is not planning to resign, spokesman Mark Rickel said. Prosecutors said they expected the governor to appear in court Thursday but declined to say whether a plea agreement was in the works.
The gifts were worth about $5,800 and given over four years, prosecutors said. Taft earlier had revealed that he failed to report some outings but said the omissions were accidental.
Prosecutor Ron O'Brien said the gifts included two golf outings worth $100 each paid for by embattled coin dealer Tom Noe. Noe is a Republican fundraiser whose $50 million investment of state money in rare coins launched the scandal that led to Taft's revelation that he failed to list golf outings on financial disclosure forms.
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<< <i>The information described below came ioff AOL headline this morning.
The political fallout continues and none of it enhances the Numismatic world. I suspect that this is not the final chapter in this scandal. It is ironical that much of what precipitated the coin market fallout of 1989 was due to the broadening of the coin market into the broader investment world.
COLUMBUS, Ohio (Aug. 18) - Gov. Bob Taft was charged with four ethics violations Wednesday for failing to report dozens of gifts that included dinners, golf games and professional hockey tickets, deepening a scandal that has rocked Ohio's Republican Party.
Taft, a Republican and member of a distinguished U.S. political family, becomes the first governor in Ohio history to be charged with a crime. The charges are also an embarrassment for a politician who has pushed for high ethical standards in his office.
Taft, could be fined $1,000 and sentenced to six months in jail on each count if convicted, though time behind bars was considered unlikely.
Taft will respond publicly on Thursday and is not planning to resign, spokesman Mark Rickel said. Prosecutors said they expected the governor to appear in court Thursday but declined to say whether a plea agreement was in the works.
The gifts were worth about $5,800 and given over four years, prosecutors said. Taft earlier had revealed that he failed to report some outings but said the omissions were accidental.
Prosecutor Ron O'Brien said the gifts included two golf outings worth $100 each paid for by embattled coin dealer Tom Noe. Noe is a Republican fundraiser whose $50 million investment of state money in rare coins launched the scandal that led to Taft's revelation that he failed to list golf outings on financial disclosure forms. >>
They could only scrape up $5,800 over four years? That probably puts him in the botton 10% among the nation's 50 governors.
Read the Legend market reports - something is wrong with the system. While this is a separate problem - the credibility of TPGs are at stake.
The TPG's have given a sense of security to the investor/hobbyist. It is a confidence issue, and the entire market can not help but be affected when leaders in the industry have the impression of impropriety, and the grading standards of the TPGs appear to change with the market.
Consistency and credibility have given a boost to the hobby. The TPGs have helped this - and these scandals - true or not - serve only to hurt that credibility.
This crap with Taft is basically from him going Golfing and a few dinners as Governor with only 1 event with Noe I believe and that was something like $250 only.....
The entire fact that they are going after him $5,800 seems amazing to me.....
This is peanuts comparied to every other Congressman & Governor in this country.....
<< <i>The entire fact that they are going after him $5,800 seems amazing to me..... >>
Heck yeah. I feel that way too. After all, he is a part of GOVERNMENT and we should EXPECT malfeasance and stealing.
Jeez, here in Sacramento they fired a fireman for just going to porn shows on duty and takin girls on rides to fires an stuff. But, man, these are CIVIL SERVICE workers. Aren't they exempt from responsibility? And anyhow, the whole shift was goin to bars WITH him.
Shoot.