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McDonnell cash grab not a good sign for embattled Virginia governor

[Top Links] Perhaps Virginia’s governor should have asked President Obama for advice on a refi during the latter’s housing Q&A with Zillow.com today.
/ Source: MSNBC TV

[Top Links] Perhaps Virginia’s governor should have asked President Obama for advice on a refi during the latter’s housing Q&A with Zillow.com today.

Top Story: Perhaps Virginia’s governor should have asked President Obama for advice on a refi during the latter’s housing Q&A with Zillow.com today.

  • The AP is reporting that Bob McDonnell is restructuring loans and refinancing his private residence for some quick cash. (The Associated Press)
  • The reason he’s “squeezing cash” is to repay the benefactor who showered him with some very questionable gifts. (Jeff Schapiro)
  • That would be the same businessman who’s reportedly been cooperating with federal prosecutors in a “fast-moving federal corruption probe.” (Rosalind Helderman)
  • The businessman’s company “has given prosecutors access to corporate records and offered information from other company officials. … The cooperation is an ominous sign for McDonnell, suggesting that federal prosecutors are focused on trying to build a potential criminal case against him.”
  • McDonnell’s daughter has even repaid the man for the $15,000 in catering he gave McDonnell her — making you think McDonnell and his whole family have now reached the “Jump Into the Fire” scenes from the end of “Goodfellas”. (Laura Vozzella)
  • But “cash” is just part one of McDonnell’s plan. He also is planning a 7-day, 22-stop tour of the Commonwealth to rebuild trust with voters. Because that’s all it takes: seven days. (Ryan Nobles)