Posts tagged "conflict of interest"

Rep. Shuler's real estate disclosures under fire

Posted by LegiStorm on Wednesday, September 23, 2009

Rep. Heath Shuler (D-N.C.) has been under fire recently amid allegations that real estate assets listed on his 2008 personal financial disclosure were omitted from his 2009 disclosure.

The assets are also at the center of another controversy for the former NFL quarterback regarding a potential conflict of interest.

Several real estate development companies are listed as having $0 in value. A note says the companies no longer have any assets; "however, no money was paid or rec'd by Shuler." Shuler did list partnership stakes in The Highlands Property Group LLC and Shuler Properties LLC worth between $1 million and $5 million each. According to the Asheville Citizen-Times, the development companies were folded into the Highlands Property Group LLC.

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posted in conflict of interest, personal financial disclosures, real estate, Rep. Heath Shuler (D-N.C.)
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Rep. Waters in hot water over company ties

Posted by LegiStorm on Thursday, March 12, 2009

Rep. Maxine Waters (D-Calif.)'s personal financial disclosures show she has owned stock in OneUnited Bank and her husband has been a director there, but that hasn't stopped her from using her official position to go to bat for the company in several instances.

The Wall Street Journal broke the story about her actions and her self-reported stake in the company exceeding $250,000.

If the House ethics committee decides to investigate the matter, Waters could find herself trying to explain why she didn't recuse herself from the matter.

posted in Rep. Maxine Waters (D-Calif.), conflict of interest, banks, House ethics committee, personal financial disclosures, Wall Street Journal
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