Both officials later agreed to pay hundreds of thousands of dollars in penalties for their actions, and the union itself had to reimburse its pension fund by nearly $5 million.
In one deal, McAuliffe and the fund officials created a partnership to buy a large block of commercial real estate in Florida. McAuliffe put up $100 for the purchase, while the pension fund put up $39 million. Yet McAuliffe got a 50-percent interest in the deal; he eventually walked away with $2.45 million from his original $100 investment. In another instance, the pension fund loaned McAuliffe more than $6 million for a real-estate development, only to find that McAuliffe was unable to make payments for nearly five years.
In the end, the pension fund lost some of its money, McAuliffe moved on to his next deal, and fund officials found themselves facing the Labor Department's questions.
...and libertarians are willing to put him in office by siphoning votes from Cuccinelli
I think Hillary’s VP will be one of these:
DeVal Patrick (aka Baraq Jr)
Cory Booker (aka Baraq III)
NJFatboy (aka media bipartisan orgasm)
You Vote for the new Governor of Virginia.
Your Vote is a referendum against Obama and Obamacare.
Your Vote is a vote against the Clintons.
VOTE for Cuccinelli and be a Winner!
Wheeler-dealer McAuliffe is ogling the VA treasury ....and the conniving Clintons are having wet dreams about Terry fixing the Va vote for Hilly come 2016. VA voters who vote for McAuliffe are making a deal with three devils.
(Snicker) the "dearly departed" are also McAuliffe voters.
TERRY, THESE GHOULISH THING REMIND ME OF YOU McAuliffe is apparently polling well---and prolly receiving mucho campaign cash---from the "dearly departed" b/c a lawsuit Democrats filed says the [VA State Board of Elections] is rushing to complete the purging of dead voters in time to have the desired effect on the upcoming gubernatorial election.....to make sure that those who no longer live here dont vote here."
(cackle) The "dearly departed" are also Hillary voters. Terry is 2016 Hillary's place-keeper. If elected, grave-robber Terry will fix the vote---dead or alive---for Hilly. (That's after he rapes the VA state treasury.)
DEAD AND READY Another shady example of how the connected ex-DNC chair, Obama suck-up, and Clinton confidant, mixes business with politics to profit himself....with the dead and near-dead as his victims.
<><>McAuliffe apparently lied to VA voters---according to McAuliffe's campaign, he invested $33,000 in the notorious Caramadre death fund and received $80,000 in return, a $47,000 profit. However, documents submitted in Caramadre's trial by federal authorities indicated that McAuliffe's profit was actually $114,000, or $34,000 more than McAuliffe admitted to voters.
<><> According to official RI court records, McAuliffes connection to Caramadre came to light via court records linking McAuliffes investment directly with the terminally ill, ailing mechanic; official forms identified them as "acquaintances" (apparently a requirement to allow McAuliffe to cash in).
<><> When the irrefutable court records surfaced, McAuliffes campaign then said McA did not know the mechanic and doesnt know why they were listed as "acquaintances."
<><> NOTE: if official files were falsified to profit McAuliffe, that's a felony in any state.