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George II

(67,782 posts)
Sun Jan 15, 2017, 09:10 AM Jan 2017

NBC News: How Bernie Sanders Avoided Disclosing His Personal Finances

How Bernie Sanders Avoided Disclosing His Personal Finances

by DAVE LEVINTHAL

As a Democratic presidential hopeful, Sen. Bernie Sanders vociferously argued for political transparency, especially when money was concerned.

Sanders insisted, for example, "on complete transparency regarding the funding of campaigns." He decried "huge piles of undisclosed cash" benefiting candidates.

But when federal law required Sanders to reveal, by May 15, current details of his personal finances, his campaign lawyer asked the Federal Election Commission for a 45-day extension.

Request granted.

On June 30, Sanders' campaign requested a second 45-day extension, saying the senator had "good cause" to delay because of his "current campaign schedule and officeholder duties."

Again, regulators said yes.

Now that Sanders' second extension has expired, spokesman Michael Briggs confirmed to the Center for Public Integrity that the senator won't file a presidential campaign personal financial disclosure after all.

Complete article here:

http://www.nbcnews.com/news/us-news/how-bernie-sanders-avoided-disclosing-his-personal-finances-n633081
162 replies = new reply since forum marked as read
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NBC News: How Bernie Sanders Avoided Disclosing His Personal Finances (Original Post) George II Jan 2017 OP
I noticed this at the time and am sure he knew exactky how to access the records bravenak Jan 2017 #1
Why bother since Trump didn't. It must not be that important. UCmeNdc Jan 2017 #2
Trump filed his required Personal Financial Disclosure, but didn't release his income tax returns. George II Jan 2017 #3
Bernie Sanders filed his FEC forms UCmeNdc Jan 2017 #12
That was his statement of candidacy. Every candidate is required by law to also file.... George II Jan 2017 #13
Sanders never filed his financial disclosures Gothmog Jan 2017 #55
so what? UCmeNdc Jan 2017 #61
So, if it's wrong and dishonest and shady when Trump does it, it's the same when others do it. synergie Jan 2017 #64
So what No one is holding Trump to this standard. Are They? UCmeNdc Jan 2017 #85
No but Hillary was and then some SticksnStones Jan 2017 #94
So you're saying that if Trump gets away with lying, being shady and going back on his word, synergie Jan 2017 #130
Being just as unethical as trump is not a good standard to use here Gothmog Jan 2017 #149
So what? If Federal law that all Federal candidates file Personal Financial Disclosures.... George II Jan 2017 #68
So What? No one care about standards. Trump proves that! UCmeNdc Jan 2017 #86
No doubt, that's the narrative you use to dismiss and trivialize concerns LanternWaste Jan 2017 #99
If it is good enough for Trump it is good enough for Bernie! UCmeNdc Jan 2017 #158
So Sanders was not being honest about being transparent Gothmog Jan 2017 #112
NEWS AUG 18 2016, 12:45 PM ET tecelote Jan 2017 #4
Some unfortunately need to go that far back for dirt on Bernie NWCorona Jan 2017 #27
"that far back"? It was only a few months ago and he skirted around Federal law. George II Jan 2017 #69
That was a little tongue and cheek on my part as it does seem like a lifetime ago NWCorona Jan 2017 #72
Well, I've been called an extreme left wing liberal (at times "commie", which is so passe)... George II Jan 2017 #74
Who Cares? Trump has so much dirt on him and who brings that up? UCmeNdc Jan 2017 #87
It makes me think of another news story from some time ago. QC Jan 2017 #70
That story is one that I come back to quite a bit lately. NWCorona Jan 2017 #73
Far back is his book about WhiteTara Jan 2017 #103
You can go back that far as I know that those stories are a hard pill for some to swallow. NWCorona Jan 2017 #107
Are you kidding? Trump had a two foot thick oppo book on Sanders that would have destroyed him Gothmog Jan 2017 #121
How is it Bernie Bashing? He failed to do what he repeatedly said he would, synergie Jan 2017 #66
Who Cares? Trump never does what he says he will do. Why hold bernie to a higher standard? UCmeNdc Jan 2017 #88
We'll never be wrong if we predicate our ethics on the lowest common denominator LanternWaste Jan 2017 #100
So your position isthat if Trump gets by with something, then it is okay for Sanders to do the same? Gothmog Jan 2017 #122
Seems like you're holding Bernie to a LOWER standard. I hold Bernie to his own word, synergie Jan 2017 #127
Good, Good, let the hate flow through you! Chasstev365 Jan 2017 #5
Because Sanders is pure as new-fallen snow, right? baldguy Jan 2017 #23
And he is Saint Bernie WhiteTara Jan 2017 #104
Have you bought his latest book yet? Gothmog Jan 2017 #56
Without campy and tired movie quotes, many people would be unable to add anything of substance. LanternWaste Jan 2017 #101
In Other News, A New World Record... OneBlueDotBama Jan 2017 #6
This message was self-deleted by its author George II Jan 2017 #7
Not a world record, last summer one was sent to a candidate that was 600 pages. George II Jan 2017 #9
I remember this also Gothmog Jan 2017 #123
FYI: George II Jan 2017 #11
Disgusting. yardwork Jan 2017 #8
2016 fec summary juxtaposed Jan 2017 #10
Those documents are for the Campaign Committee. Every candidate for Federal office... George II Jan 2017 #15
you know what i'm pretty sure they wouldn't find in his account? 200 thousand dollar deposits from dionysus Jan 2017 #14
What candidate had "200 thousand dollar deposits from goldman sachs"? George II Jan 2017 #16
sorry, it was more. she actually got $675,000 from goldman sachs for 3 speeches. link included. dionysus Jan 2017 #17
She wasn't a candidate at the time. But since you're digging up "dirt", do you or anyone know... George II Jan 2017 #19
Miles Kailburn and Vallene Kailburn NWCorona Jan 2017 #36
Tad Devine has owned up to being part owner. I wonder who placed $64M in media buys from them? George II Jan 2017 #37
Where has he owned up to that? If you are trying to make a point you should start with that NWCorona Jan 2017 #39
Here, and the rest of the article is interesting, too: George II Jan 2017 #41
That's not him admitting that he's a part owner. That's him saying that he's splitting NWCorona Jan 2017 #44
I should have said he has "very close ties" to the mysterious Old Towne Media LLC. George II Jan 2017 #45
Yes the article notes that he worked with the founders but I still don't see NWCorona Jan 2017 #47
When real estate is sold, both realtors get paid, one by the seller, the other by the buyer. George II Jan 2017 #49
And sometimes both Realtors split the 3% instead of the combined 6% NWCorona Jan 2017 #51
I think you need to bail on this thread and read up. Hassin Bin Sober Jan 2017 #71
Sorry, that's not the way it worked in the seven real estate sales in which I've been involved. George II Jan 2017 #75
Then you got screwed. Hassin Bin Sober Jan 2017 #77
I didn't get screwed, maybe the brokers involved "got screwed"? Doubt it but.... George II Jan 2017 #78
This article goes in to some depth about who received commissions Hassin Bin Sober Jan 2017 #79
Not really. George II Jan 2017 #118
I am in the process of closing a sale within the month of my own property. Bohunk68 Jan 2017 #84
And therein lies the problem with Old Towne Media, which handled upwards of $100 million.. George II Jan 2017 #146
I would think that the truth will come out soon enough NWCorona Jan 2017 #153
Time will tell Gothmog Jan 2017 #160
If I was to guess I'd say that he leveraged their assets with the NWCorona Jan 2017 #162
I thought Devine had handled Sanders's advertising. lapucelle Jan 2017 #133
Devine only took one-half of the 15% commissions Gothmog Jan 2017 #150
That's an awful lot of $27 donations. lapucelle Jan 2017 #152
It takes a large number of $27 donations to pay for a $600,000 third home Gothmog Jan 2017 #154
How do you know? yardwork Jan 2017 #18
because he has a penis dsc Jan 2017 #22
I remember reading Bayard Jan 2017 #20
We don't know what his net worth is now, he refused to file his FEC mandated disclosure. George II Jan 2017 #21
What about the $600,000 third home he just bought? Gothmog Jan 2017 #125
Hillary paid an immense price for being open about her personal finances dsc Jan 2017 #24
You can have this point if you want but the last two paragraphs in the link explain a lot NWCorona Jan 2017 #25
And we're all waiting for that with bated breath. George II Jan 2017 #29
May 15th will be here soon enough. NWCorona Jan 2017 #31
Yes, as was June 30 and then August 15 last year. George II Jan 2017 #33
Yup NWCorona Jan 2017 #34
Message auto-removed Name removed Jan 2017 #26
I don't recall anyone saying he owned two mansions or even a mention of what kind of car... George II Jan 2017 #35
So what is this story really about? Why is it being posted today? underthematrix Jan 2017 #28
What foreign outlet are you talking about? George II Jan 2017 #38
Thank you for pointing out my error underthematrix Jan 2017 #43
Bernie Sanders must be doing something right for them to go after him like this. AgadorSparticus Jan 2017 #30
This article is from August of 2016 Hassin Bin Sober Jan 2017 #32
Oh. I didn't notice the date....b/c...wtf would anyone post this then? AgadorSparticus Jan 2017 #40
+1 SMDH nt riderinthestorm Jan 2017 #95
Clinton should have hit Sanders more on this issue hollowdweller Jan 2017 #42
It's definitely fair game. NWCorona Jan 2017 #48
I can't believe you folks are still rehashing this shit. Vinca Jan 2017 #46
A good reminder of his duplicity. Thank you. n/t R B Garr Jan 2017 #50
Message auto-removed Name removed Jan 2017 #52
Who cares. He lost and Hillary lost kimbutgar Jan 2017 #53
8 years? Are you giving up on winning the 2020 election? (eom) StevieM Jan 2017 #63
Where are Sanders tax returns? Gothmog Jan 2017 #54
What's that word for when the person is hammering on Cha Jan 2017 #57
That is EXACTLY what this is all about, thanks! George II Jan 2017 #59
You're Cha Jan 2017 #67
he is not resident elect. IS HE? WTF. eyes on the con man please. pansypoo53219 Jan 2017 #58
Why ask about this,when you got the biggest liar called Trump to worry about? UCmeNdc Jan 2017 #60
Most fans insist that 14 summary was actually releasing his taxes- bettyellen Jan 2017 #62
why the hell is anyone at NBC looking into this???????? Takket Jan 2017 #65
Joediss Joediss Jan 2017 #76
JFC, this is old bullshit. Trump's our focus now. Fuck the primaries Arazi Jan 2017 #80
Thanks for making clear he didn't do anything wrong. Motown_Johnny Jan 2017 #81
Bernie hate is awesome at digging up 5 month old articles aikoaiko Jan 2017 #82
Have bought Sanders latest book yet? Gothmog Jan 2017 #102
"Bernie hate is awesome at digging up 5 month old articles", as opposed to "Hillary Hate".... George II Jan 2017 #106
Post removed Post removed Jan 2017 #108
How pleasant of you, I'm sure you're proud. George II Jan 2017 #110
Sanders needs to file an updated financial report in May Gothmog Jan 2017 #111
I know you are. Please do make an OP and report the results. Maybe 5 OPs saying the same thing. aikoaiko Jan 2017 #113
BTW who are the owners of Old Town Media? Gothmog Jan 2017 #115
I love it when you take the mask off and show yourself. aikoaiko Jan 2017 #116
The May 2017 FEC reports will be interesting Gothmog Jan 2017 #119
May they be all that you want. What do you want them to say? aikoaiko Jan 2017 #126
It may explain where the money came from for Sanders to buy a $600,000 third home? Gothmog Jan 2017 #128
They may show that the "common man" who lives frugally, washes his own clothes, and.... George II Jan 2017 #131
I think you should bigger. Maybe payments from Trump's campaign. aikoaiko Jan 2017 #132
The truth about where Sanders got the money to pay for the house will be sufficient Gothmog Jan 2017 #136
There is evidently $4.5 million to $6 million of tv ad commissions unaccounted for Gothmog Jan 2017 #137
We may learn more about that once Sanders files his FEC Personal Financial Disclosure on May 15 George II Jan 2017 #117
I am curious as to how Sanders can now afford three houses Gothmog Jan 2017 #120
Me too. The latest, which was purchased only days after he officially was no longer a candidate.... George II Jan 2017 #124
Here's some more insight into "Old Towne Media".... George II Jan 2017 #135
There are a ton of questions being raised by this shell company Gothmog Jan 2017 #138
Wow, that is interesting! The comments after are devastating and sound like people R B Garr Jan 2017 #139
It would not surprise me one bit if between now and next year Sanders decided not to run again. George II Jan 2017 #140
I also would not be surprised Gothmog Jan 2017 #151
I think that is more likely than not. He is very divisive and I bet going forward R B Garr Jan 2017 #157
Wow. This OP and the replies... JNelson6563 Jan 2017 #83
Yeah, why are we only worried about the Democratic candidates conduct???? Trump does worse things UCmeNdc Jan 2017 #89
Nobody is ignoring Trump, but nice try. nt JTFrog Jan 2017 #91
No, it wasn't a nice try. randome Jan 2017 #92
Let's talk about Trump and his lies then. UCmeNdc Jan 2017 #93
We get 2 months of OP's trashing Hillary and where she went wrong, ignoring Russia, Comey, etc, JTFrog Jan 2017 #90
Well to worry about Bernie is a waste of time when you have Trump in a position to do some very real UCmeNdc Jan 2017 #96
Wouldn't that same reasoning apply to trashing Hillary? yardwork Jan 2017 #97
... emulatorloo Jan 2017 #109
Are you daring to imply that there is a double standard at work here? Gothmog Jan 2017 #129
lulz Rex Jan 2017 #98
This message was self-deleted by its author sfwriter Jan 2017 #105
Sanders admitted that he was in the Democratic primary for money and media coverage Gothmog Jan 2017 #114
And what does this have to do with anything? HassleCat Jan 2017 #134
I bet he's getting tens of millions from Goldman Sachs without even having to give speeches! jalan48 Jan 2017 #141
If he did, he's the only one who did. George II Jan 2017 #142
Oh yeah! jalan48 Jan 2017 #143
So who else did? George II Jan 2017 #144
Uh-you know who! jalan48 Jan 2017 #145
Yes I do, no one. But if you're going to make rash, vague accusations, you could be more specific. George II Jan 2017 #147
Ah-I think I see what you mean-my apologies. jalan48 Jan 2017 #148
Hillary disclosed her tax returns right up front Cha Jan 2017 #155
We will never see Sanders tax returns Gothmog Jan 2017 #161
He knew he'd lose anyway, so he got away with this hypocrisy. Lil Missy Jan 2017 #156
so why did he do this? Just to avoid awkward questions about his wealth? Fast Walker 52 Jan 2017 #159
 

bravenak

(34,648 posts)
1. I noticed this at the time and am sure he knew exactky how to access the records
Sun Jan 15, 2017, 09:11 AM
Jan 2017

by contacting the IRS.

George II

(67,782 posts)
3. Trump filed his required Personal Financial Disclosure, but didn't release his income tax returns.
Sun Jan 15, 2017, 09:14 AM
Jan 2017

The Personal Financial disclosure is required by the FEC.

George II

(67,782 posts)
13. That was his statement of candidacy. Every candidate is required by law to also file....
Sun Jan 15, 2017, 10:11 AM
Jan 2017

...a Personal Financial Disclosure, as indicated in the article in the OP.

 

synergie

(1,901 posts)
130. So you're saying that if Trump gets away with lying, being shady and going back on his word,
Mon Jan 16, 2017, 09:10 PM
Jan 2017

that Bernie should slither down to this standard? And Liberals and progressives are indeed calling out Trump, so why let Bernie off the hook? He did promise, like Trump, to release information, and gave squirrley reasons for not doing so. What are they hiding anyway?

George II

(67,782 posts)
68. So what? If Federal law that all Federal candidates file Personal Financial Disclosures....
Sun Jan 15, 2017, 10:42 PM
Jan 2017

Even Donald Trump did so.

Sanders filed a request for an extension, then filed a second request for an extension beyond the date of the convention (convenient) and then decided he wasn't a candidate so he never file it.

What makes him so special that he didn't have to do what every other Federal candidate has to do? The big question that many people are asking, "what does he have to hide?"

 

LanternWaste

(37,748 posts)
99. No doubt, that's the narrative you use to dismiss and trivialize concerns
Mon Jan 16, 2017, 01:42 PM
Jan 2017

No doubt, that's the narrative you use to dismiss and trivialize concerns of this issue, regardless of your fallacious use of "proof" rather than the accurate "evidence."

On the other hand, one wonders if the great reponse to this thread (including yours), this topic and this OP illustrates your premise as wholly without merit.

Sacred cows are sacred, indeed.

George II

(67,782 posts)
69. "that far back"? It was only a few months ago and he skirted around Federal law.
Sun Jan 15, 2017, 10:46 PM
Jan 2017

As fare as "that far back", do you know how many on this site complained all spring about Clinton being a "Goldwater Girl" WAY back in 1964 when she was only 17 years old?

NWCorona

(8,541 posts)
72. That was a little tongue and cheek on my part as it does seem like a lifetime ago
Sun Jan 15, 2017, 11:13 PM
Jan 2017

I agree with you that Bernie played lose on this but he didn't break any election laws. It's like I said earlier to you. We will just have to wait until March 15th or there abouts to see if Bernie files his annual reports.

I don't like the fact that Hillary was a Goldwater girl at all. I've mentioned that here on this board, as you probably know, I don't think she still holds that kind of political thinking tho. I admire that the people that Hillary holds closest are POC. What irks me are when people use that Hillary was only 17. What does that have to do with anything other than a reference of time?

On a lighter note. Are you the poster that loves Seinfeld too?

George II

(67,782 posts)
74. Well, I've been called an extreme left wing liberal (at times "commie", which is so passe)...
Sun Jan 15, 2017, 11:37 PM
Jan 2017

...but when I was 17 and in high school, I campaigned for a mayoral candidate in NYC - William F. Buckley! As Mel Allen used to say, "how 'bout that?"

People change over the years. Hillary Clinton has demonstrated for decades that she's not truly a "Goldwater girl". On the other hand, if one studied the ideology and history of Barry Goldwater*, they'd realize that to him the country came first, political ideology came second. He was the one who went to see Richard Nixon privately back in 1973 and convinced him to resign.

*William F. Buckley was the same way, he cared more about the United States than he did about conservatism. Conservatives of the 1960s and 1970s were nothing like "conservatism" has been since the Reagan 1980s and onward.

And yes, I am a Seinfeld fanatic!

NWCorona

(8,541 posts)
73. That story is one that I come back to quite a bit lately.
Sun Jan 15, 2017, 11:16 PM
Jan 2017

The picture of him handing over his sword is something else.



Also, is it just me or did he clean up good or what?

WhiteTara

(30,150 posts)
103. Far back is his book about
Mon Jan 16, 2017, 02:17 PM
Jan 2017

women and his rape fantasies. But then who really cares...it's only about women.

NWCorona

(8,541 posts)
107. You can go back that far as I know that those stories are a hard pill for some to swallow.
Mon Jan 16, 2017, 03:40 PM
Jan 2017

Also, please don't lump me into the woman hater crowd.

Gothmog

(154,120 posts)
121. Are you kidding? Trump had a two foot thick oppo book on Sanders that would have destroyed him
Mon Jan 16, 2017, 08:34 PM
Jan 2017

Trump had an oppo book on Sanders that was two feet thick. http://www.newsweek.com/myths-cost-democrats-presidential-election-521044

They ignored the fact that Sanders had not yet faced a real campaign against him. Clinton was in the delicate position of dealing with a large portion of voters who treated Sanders more like the Messiah than just another candidate. She was playing the long game—attacking Sanders strongly enough to win, but gently enough to avoid alienating his supporters. Given her overwhelming support from communities of color—for example, about 70 percent of African-American voters cast their ballot for her—Clinton had a firewall that would be difficult for Sanders to breach....

So what would have happened when Sanders hit a real opponent, someone who did not care about alienating the young college voters in his base? I have seen the opposition book assembled by Republicans for Sanders, and it was brutal. The Republicans would have torn him apart. And while Sanders supporters might delude themselves into believing that they could have defended him against all of this, there is a name for politicians who play defense all the time: losers....

The Republicans had at least four other damning Sanders videos (I don’t know what they showed), and the opposition research folder was almost 2-feet thick. (The section calling him a communist with connections to Castro alone would have cost him Florida.) In other words, the belief that Sanders would have walked into the White House based on polls taken before anyone really attacked him is a delusion built on a scaffolding of political ignorance.

Trump would have destroyed Sanders in the general election

I don's care about most of the material in Trump's book but I do want to know who owns Old Town Media and how Sanders now can afford three houses
 

synergie

(1,901 posts)
66. How is it Bernie Bashing? He failed to do what he repeatedly said he would,
Sun Jan 15, 2017, 10:11 PM
Jan 2017

just like Donald Trump, all the while attacking others who followed rules he pretends don't apply to him.

UCmeNdc

(9,650 posts)
88. Who Cares? Trump never does what he says he will do. Why hold bernie to a higher standard?
Mon Jan 16, 2017, 07:08 AM
Jan 2017

Trump gets away with lying constantly and the voters love it. Why worry about Bernie's background?

 

LanternWaste

(37,748 posts)
100. We'll never be wrong if we predicate our ethics on the lowest common denominator
Mon Jan 16, 2017, 01:45 PM
Jan 2017

It is indeed, ethically convenient to lower the standards on anyone we ourselves support, and rationalize that lowering of standards by pointing towards the lowest standard available.

We'll never be wrong if we predicate our ethics on the lowest common denominator. Yours is the petulant excuse used by seven year olds since time immemorial: "they did it too!!!"

Gothmog

(154,120 posts)
122. So your position isthat if Trump gets by with something, then it is okay for Sanders to do the same?
Mon Jan 16, 2017, 08:38 PM
Jan 2017

I personally do not accept this standard.

 

synergie

(1,901 posts)
127. Seems like you're holding Bernie to a LOWER standard. I hold Bernie to his own word,
Mon Jan 16, 2017, 09:02 PM
Jan 2017

and to the same standards I hold Hillary Clinton. Bernie is acting like Trump and I won't lower my standards for any of them.

Why do you keep pointing to Trump when Bernie is doing the same thing, and his supporters keep trying to dismiss it?

He said he'd do these things, HRC already has, surely Bernie should be acting less like Trump and living up to his own word, lest he be called a constant liar, who is shadily hiding his finances, right?

What exactly is the problem with transparency anyway?

WhiteTara

(30,150 posts)
104. And he is Saint Bernie
Mon Jan 16, 2017, 02:19 PM
Jan 2017

of the Little Bird. That should be all ANYONE needs to know about our new Savior of the Democratic Party which he refuses to join.

 

LanternWaste

(37,748 posts)
101. Without campy and tired movie quotes, many people would be unable to add anything of substance.
Mon Jan 16, 2017, 01:48 PM
Jan 2017

Without campy and tired movie quotes, many people would be unable to add anything of substance. Actually, I think it yet holds true even with the presence of campy and tired movie quotes as well.

However, we all like to maintain the pretense our additions are somehow relevant, so I get it. You're gonna need a bigger boat...

Response to OneBlueDotBama (Reply #6)

George II

(67,782 posts)
11. FYI:
Sun Jan 15, 2017, 09:57 AM
Jan 2017
http://www.theatlantic.com/politics/archive/2016/05/the-bernie-sanders-donors-who-are-giving-too-much/482418/

The Donors Who Love Bernie Sanders A Little Too Much

The FEC has notified the campaign that thousands of its 2.4 million contributors may be violating federal limits.

For months, the Federal Election Commission has been writing to the Sanders campaign with warnings that hundreds of his donors have exceeded the $2,700 contribution limit and that hundreds more may be foreign nationals illegally giving Sanders money. The most recent, and by far the longest, letter came on Tuesday and flagged more than 1,500 questionable donors.


http://docquery.fec.gov/pdf/847/201605100300045847/201605100300045847.pdf

645 pages!

George II

(67,782 posts)
15. Those documents are for the Campaign Committee. Every candidate for Federal office...
Sun Jan 15, 2017, 10:21 AM
Jan 2017

...is also required to file a Personal Financial Disclosure. Sanders never filed that in 2016, and took the unprecedented steps of asking TWICE for extensions, the second of which was for a date after the Convention.

I predicted when he first asked for an extension that we'd never see that Disclosure. I'm sorry that I was correct.

dionysus

(26,467 posts)
14. you know what i'm pretty sure they wouldn't find in his account? 200 thousand dollar deposits from
Sun Jan 15, 2017, 10:18 AM
Jan 2017

goldman sachs.

you're really going to cast stones from within a glass house on this one?

dionysus

(26,467 posts)
17. sorry, it was more. she actually got $675,000 from goldman sachs for 3 speeches. link included.
Sun Jan 15, 2017, 10:26 AM
Jan 2017
http://nypost.com/2016/02/05/inside-hillarys-675k-worth-of-goldman-speaking-fees/

Clinton’s Goldman Sachs speeches were contracted and negotiated by the Harry Walker Agency, and her Goldman payments ($225,000 a speech) were on par with her typical speaking fees.

now, i'm not opposed to either ofthem making a living.

George II

(67,782 posts)
19. She wasn't a candidate at the time. But since you're digging up "dirt", do you or anyone know...
Sun Jan 15, 2017, 10:33 AM
Jan 2017

...who the principles of Old Towne Media LLC are?

NWCorona

(8,541 posts)
39. Where has he owned up to that? If you are trying to make a point you should start with that
Sun Jan 15, 2017, 01:35 PM
Jan 2017

Instead of being cryptic. Hillary used GMMB.

George II

(67,782 posts)
41. Here, and the rest of the article is interesting, too:
Sun Jan 15, 2017, 01:50 PM
Jan 2017
http://www.dailykos.com/story/2016/5/31/1532953/-The-Potential-Scandal-at-the-Heart-of-the-Sanders-Campaign

"In an interview, Devine acknowledged that he has made more money than expected from the campaign, but he noted that he is working for a much lower rate than usual. While he usually gets a double-digit percentage of a campaign’s ad spending, the veteran admaker is instead splitting a single-digit-percentage commission with the media buyers at Old Towne Media."

NWCorona

(8,541 posts)
44. That's not him admitting that he's a part owner. That's him saying that he's splitting
Sun Jan 15, 2017, 02:57 PM
Jan 2017

A sales commission and that is not uncommon in contracts.

I remember this story when it came out and it didn't make much sense then either other than a rather unheard of media company received a huge ad buy and that it was odd that one of the founders chose to use her maiden name. Since your supplied link hit the net OTM now looks to be a front for Cannal Media Partners.

Personally I'm not surprised or disappointed that a few key campaign officials and vendors made a lot of money. Especially considering that more money could have been if they followed contact norms.

George II

(67,782 posts)
45. I should have said he has "very close ties" to the mysterious Old Towne Media LLC.
Sun Jan 15, 2017, 03:26 PM
Jan 2017

Another thing he says in that article is "splitting a single-digit-percentage commission" (actually getting a single digit percentage commission, the other half received by someone else)

Also noted in the article is that "someone else" could be the reason why Sanders refused to file that Federal Personal Financial Disclosure or release his tax returns.

NWCorona

(8,541 posts)
47. Yes the article notes that he worked with the founders but I still don't see
Sun Jan 15, 2017, 03:38 PM
Jan 2017

why that matters.

Yes. It's the same as when a home buyer asks both Realtors to split the commission. Doesn't always work but it's not uncommon.

That's conjecture but feel free to think that Bernie waited all this time to get rich off of politics.

George II

(67,782 posts)
49. When real estate is sold, both realtors get paid, one by the seller, the other by the buyer.
Sun Jan 15, 2017, 03:49 PM
Jan 2017

As for getting rich off politics, we don't know. But what I do know is that Sanders' fellow Vermont Senator, Pat Leahy, has a reported net worth much less than Sanders, and he's been at the higher paying Senate job longer than Sanders has been at his House or Senate jobs combined.

NWCorona

(8,541 posts)
51. And sometimes both Realtors split the 3% instead of the combined 6%
Sun Jan 15, 2017, 04:04 PM
Jan 2017

While $200k over Pat might seem like a lot. It could just be that Bernie has a rental property in his portfolio.

Hassin Bin Sober

(26,686 posts)
71. I think you need to bail on this thread and read up.
Sun Jan 15, 2017, 11:06 PM
Jan 2017

He wasn't an owner and the seller pays the sale commission. Buyers don't pay a commission. The agents split the sellers money.

Back to the drawing board for you.

Hassin Bin Sober

(26,686 posts)
77. Then you got screwed.
Mon Jan 16, 2017, 12:12 AM
Jan 2017

Seller lists with the listing broker/agent and negotiates a commissioner produce a buyer ready willing and able to purchase based on the seller's terms (or negotiated terms). Usually around 6% ish. The listing agent/broker places the property in the MLS with the terms payable to any potential cooperating brokers. Typically split but it can be more or less and/or can include a bonus.

A buyers agent brings a buyer to the table and thereby becomes a cooperating broker/agent when the buyer's offer is accepted. The cooperating broker agent is paid from the seller's broker cut.

A tricky but more well known ( as of late) issue in the business is the fact the seller is paying the commission to a cooperating broker and therefore doesn't necessarily owe YOU a fiduciary duty. In other words, absent additional buyer broker agreements, YOUR OWN agent can legally conspire against you (within ethical bounds).

This is BECAUSE the seller is paying the commissions.

This is how it's worked in the hundreds of transactions I've been involved in.

George II

(67,782 posts)
78. I didn't get screwed, maybe the brokers involved "got screwed"? Doubt it but....
Mon Jan 16, 2017, 12:20 AM
Jan 2017

...we're off the track.

The issue is commissions for media buys during the primary campaign. Who got the millions of dollars of commissions for the Sanders campaign media buys? Anyone know definitively?

Bohunk68

(1,364 posts)
84. I am in the process of closing a sale within the month of my own property.
Mon Jan 16, 2017, 06:57 AM
Jan 2017

Selling off all but the house and two acres around it. The realtor is only getting a commission from me, the seller. NOTHING from the buyer. Don't know where you live, but if that is the case, you were hosed.

George II

(67,782 posts)
146. And therein lies the problem with Old Towne Media, which handled upwards of $100 million..
Tue Jan 17, 2017, 02:27 PM
Jan 2017

....of the Sanders campaign's media buys. No one really knows for sure.

You say Miles Kailburn and Vallene Kailburn, others say David Hartig with the Shelli and Heather Hartig.

Also what we don't know is who got all of the 15% commission on that roughly $100 million.

NWCorona

(8,541 posts)
153. I would think that the truth will come out soon enough
Tue Jan 17, 2017, 08:47 PM
Jan 2017

I'm not too worried about it but I'm sure you already know that.

Gothmog

(154,120 posts)
160. Time will tell
Wed Jan 18, 2017, 04:11 PM
Jan 2017

I agree that the truth will eventually come out unless Sanders drops out so that he does not have to file his next report. I would prefer to know how Sanders is paying for the $600,000 for his third house

NWCorona

(8,541 posts)
162. If I was to guess I'd say that he leveraged their assets with the
Wed Jan 18, 2017, 05:01 PM
Jan 2017

Hopes that the book sales would cover the mortgage on the backend. I personally don't care that he has multiple properties as long as the books are in order.

lapucelle

(19,530 posts)
133. I thought Devine had handled Sanders's advertising.
Mon Jan 16, 2017, 09:48 PM
Jan 2017

I've always found the Manafort - Devine connection fascinatingly bizarre.

Only in politics could you find two guys for hire who worked together to elect a Ukraine oligarch handpicked by Putin and then parted ways to work in the US on opposite sides in the same cycle for two separate come out of nowhere "populist" candidates

Politics does make strange bedfellows.

Gothmog

(154,120 posts)
150. Devine only took one-half of the 15% commissions
Tue Jan 17, 2017, 04:10 PM
Jan 2017

There has been no public disclosure as to who got the rest of the commission. It was estimated that this is between $4.5 million to $6.5 million

Bayard

(24,145 posts)
20. I remember reading
Sun Jan 15, 2017, 11:01 AM
Jan 2017

I remember reading that Bernie's annual income was around $300K. And his house was worth about the same amount. And that he did his own laundry.

What's the point of rehashing all of this? Look at what he is still doing for us--he's in the fight still.

George II

(67,782 posts)
21. We don't know what his net worth is now, he refused to file his FEC mandated disclosure.
Sun Jan 15, 2017, 11:36 AM
Jan 2017

BTW, did you miss that a day or two after the convention, when previous contenders for the nomination traditionally go out on the campaign trail with the nominee, he went up to Vermont to close on a "summer home" that cost more than double his house in Burlington ($650,000)?

Gothmog

(154,120 posts)
125. What about the $600,000 third home he just bought?
Mon Jan 16, 2017, 08:43 PM
Jan 2017

You do know that Sanders has three homes now http://www.vanityfair.com/news/2016/08/bernie-sanders-summer-house

Bernie Sanders now has one thing in common with the millionaires and billionaires and other 1 percenters he so frequently attacked on the campaign trail: he now owns his very own summer home.

Vermont magazine Seven Days reported Tuesday that the 74-year-old senator and his wife, Jane Sanders, have purchased a four-bedroom house on the shore of Lake Champlain for roughly $600,000. Jane told Seven Days that they had recently sold a house in Maine that had belonged to her family since the 1900s, and used the proceeds to purchase the new property, which is located in North Hero (population 803, as of the 2010 census). With this purchase, Sanders now owns at least three houses, the others being in Burlington, VT, and Capitol Hill in D.C.

dsc

(52,605 posts)
24. Hillary paid an immense price for being open about her personal finances
Sun Jan 15, 2017, 12:02 PM
Jan 2017

both in the primary and in the general election her opponents refused to discuss their personal finances and as you thread points out got off scot free. It is hard to imagine that future candidates won't learn that lesson.

NWCorona

(8,541 posts)
25. You can have this point if you want but the last two paragraphs in the link explain a lot
Sun Jan 15, 2017, 12:26 PM
Jan 2017
"There's a couple decades' worth of congressional financial disclosure reports that show pretty much the same thing from year to year," Briggs said.

The public will eventually find out how Sanders managed his assets while running for president: As a sitting senator, Sanders must next year file a personal financial disclosure with the U.S. Senate covering calendar year 2016.


People are acting like a sitting senator doesn't have to fill out annual financial disclosure forms.

Response to George II (Original post)

George II

(67,782 posts)
35. I don't recall anyone saying he owned two mansions or even a mention of what kind of car...
Sun Jan 15, 2017, 01:22 PM
Jan 2017

....he drives.

But he does own two homes less than 30 miles apart, the second of which he bought two days after the convention for almost three times the value of the average home in Vermont (and 2X his reported net worth)

underthematrix

(5,811 posts)
28. So what is this story really about? Why is it being posted today?
Sun Jan 15, 2017, 12:41 PM
Jan 2017

Last edited Sun Jan 15, 2017, 02:36 PM - Edit history (1)

It's most certainly is not about his decision to not file his presidential campaign personal financial disclosure form.

Remember this story because it's part of a larger puzzle.

AgadorSparticus

(7,963 posts)
30. Bernie Sanders must be doing something right for them to go after him like this.
Sun Jan 15, 2017, 12:52 PM
Jan 2017

Or, they must be REALLY scared of the possibility that the democratic party is unifying in light of not just the trumputin mess, but the domestic Healthcare mess they are about to unleash.

Unless they go after the fucking peotus about his INCREDIBLE conflicts of interest and financial statements, they have absolutely no credibility whatsoever. This has propoganda written all over it.


It's NBC. GO FIGURE.

Hassin Bin Sober

(26,686 posts)
32. This article is from August of 2016
Sun Jan 15, 2017, 12:59 PM
Jan 2017

Somebody is worrying about the Democratic Party unifying but it is not necessarily NBC.

Vinca

(50,959 posts)
46. I can't believe you folks are still rehashing this shit.
Sun Jan 15, 2017, 03:34 PM
Jan 2017

It doesn't fucking matter. We're within a week of the worst possible nightmare anyone might have imagined. What Hillary did doesn't matter. What Bernie did doesn't matter. What matters is what the fuck do we do now??????????????

Response to George II (Original post)

kimbutgar

(23,197 posts)
53. Who cares. He lost and Hillary lost
Sun Jan 15, 2017, 05:25 PM
Jan 2017

And now we have the evil thumpenstein and rethug control for the next 8 years.

Cha

(305,134 posts)
57. What's that word for when the person is hammering on
Sun Jan 15, 2017, 06:55 PM
Jan 2017

"transparency" but refuses to be so?

That's what this is about.

UCmeNdc

(9,650 posts)
60. Why ask about this,when you got the biggest liar called Trump to worry about?
Sun Jan 15, 2017, 07:21 PM
Jan 2017

Bernie is small patato compared to Trump

 

bettyellen

(47,209 posts)
62. Most fans insist that 14 summary was actually releasing his taxes-
Sun Jan 15, 2017, 08:50 PM
Jan 2017

Same folks thought Comney HAD found something illegal and all those "corporate" contributions went from the CEOs straight into campaign coffers.

Perfectly nice people were misled on many issues last year.

Takket

(22,467 posts)
65. why the hell is anyone at NBC looking into this????????
Sun Jan 15, 2017, 10:01 PM
Jan 2017

Sanders lost way back in the primaries. Trump is about to destroy the nation. Who gives a flying fuck about Sanders FEC forms??????????

Arazi

(6,893 posts)
80. JFC, this is old bullshit. Trump's our focus now. Fuck the primaries
Mon Jan 16, 2017, 01:00 AM
Jan 2017

Boring as fuck this obsession on shitting on Sanders.

We have much bigger problems. Can we stop this stupidity?

 

Motown_Johnny

(22,308 posts)
81. Thanks for making clear he didn't do anything wrong.
Mon Jan 16, 2017, 01:11 AM
Jan 2017

He filed the requests for extensions on time. Those requests were granted and the requirement that he disclose his finances ended when he ended his campaign.


No problem with anything here.



aikoaiko

(34,201 posts)
82. Bernie hate is awesome at digging up 5 month old articles
Mon Jan 16, 2017, 01:24 AM
Jan 2017

Showing that Bernie was compliant.

I love the Bernie hate.

Your angry tears make great lemonade.

George II

(67,782 posts)
106. "Bernie hate is awesome at digging up 5 month old articles", as opposed to "Hillary Hate"....
Mon Jan 16, 2017, 02:41 PM
Jan 2017

....that dug up 30+ years of articles/events to bash her?

My tears may make great lemonade, but the angry tears of Sanders' fans makes wonderful kool-aid.

Response to George II (Reply #106)

Gothmog

(154,120 posts)
111. Sanders needs to file an updated financial report in May
Mon Jan 16, 2017, 07:37 PM
Jan 2017

I will be looking forward to reviewing that report

aikoaiko

(34,201 posts)
116. I love it when you take the mask off and show yourself.
Mon Jan 16, 2017, 07:55 PM
Jan 2017

I don't know who owns or receives money from Old Towne Media.

Keep us posted on your investigations.

aikoaiko

(34,201 posts)
126. May they be all that you want. What do you want them to say?
Mon Jan 16, 2017, 08:46 PM
Jan 2017


Do you think it will show payments from the Russians to Bernie to sabotage Hillary Clinton's candidacy?

Do you think it will show that Bernie has a secret business with James Comey that works for the Koch brothers?

Maybe it will show that Bernies owns the voting machines in Wisconsin, Michigan, Ohio, and PA.

Oh my, the imagination runs wild and it is only January.

Gothmog

(154,120 posts)
128. It may explain where the money came from for Sanders to buy a $600,000 third home?
Mon Jan 16, 2017, 09:04 PM
Jan 2017

It may show who owns Old Town Media and why Sanders spent so much on TV ads instead GOTV and ground operations. Read the Daily Kos article http://www.dailykos.com/story/2016/5/31/1532953/-The-Potential-Scandal-at-the-Heart-of-the-Sanders-Campaign

George II

(67,782 posts)
131. They may show that the "common man" who lives frugally, washes his own clothes, and....
Mon Jan 16, 2017, 09:17 PM
Jan 2017

.....decries the greed of the 1%, became a full fledged member himself over the course of a few months.

Gothmog

(154,120 posts)
136. The truth about where Sanders got the money to pay for the house will be sufficient
Tue Jan 17, 2017, 11:33 AM
Jan 2017

The $600,000 came from someplace and one likely source are commissions from TV ads. Do you approve of Jane Sanders taking commissions from the TV ads used in the campaign?

BTW have bought Sanders latest book yet? That is all that Sanders really cares about

Gothmog

(154,120 posts)
137. There is evidently $4.5 million to $6 million of tv ad commissions unaccounted for
Tue Jan 17, 2017, 11:35 AM
Jan 2017

A percentage of that money could pay for a new $600,000 home

George II

(67,782 posts)
124. Me too. The latest, which was purchased only days after he officially was no longer a candidate....
Mon Jan 16, 2017, 08:43 PM
Jan 2017

.......cost over $600,000, almost twice his reported net worth of $350,000.

R B Garr

(17,377 posts)
139. Wow, that is interesting! The comments after are devastating and sound like people
Tue Jan 17, 2017, 11:53 AM
Jan 2017

familiar with Vermont LLCs and local history with that couple. They still have millions to account for, yet smear others with a pious transparency standard they do not adhere to themselves.

R B Garr

(17,377 posts)
157. I think that is more likely than not. He is very divisive and I bet going forward
Wed Jan 18, 2017, 09:58 AM
Jan 2017

he'll be held more accountable for his divisive rhetoric, which he obviously doesn't handle well.

JNelson6563

(28,151 posts)
83. Wow. This OP and the replies...
Mon Jan 16, 2017, 03:04 AM
Jan 2017

Good thing we are still battling each other and there isn't some greater threat to our world as we know it...

No wonder we always lose. *sigh*

UCmeNdc

(9,650 posts)
89. Yeah, why are we only worried about the Democratic candidates conduct???? Trump does worse things
Mon Jan 16, 2017, 07:11 AM
Jan 2017

and we ignore that on DU.

 

randome

(34,845 posts)
92. No, it wasn't a nice try.
Mon Jan 16, 2017, 11:11 AM
Jan 2017

"So what? So what? So what?" A broken record.
[hr][font color="blue"][center]TECT in the name of the Representative approves of this post.[/center][/font][hr]

 

JTFrog

(14,274 posts)
90. We get 2 months of OP's trashing Hillary and where she went wrong, ignoring Russia, Comey, etc,
Mon Jan 16, 2017, 08:13 AM
Jan 2017

but there will be no postmortem on Bernie allowed.

Got it.



UCmeNdc

(9,650 posts)
96. Well to worry about Bernie is a waste of time when you have Trump in a position to do some very real
Mon Jan 16, 2017, 11:25 AM
Jan 2017

damage.

Response to George II (Original post)

Gothmog

(154,120 posts)
114. Sanders admitted that he was in the Democratic primary for money and media coverage
Mon Jan 16, 2017, 07:41 PM
Jan 2017

Sanders admitted that he was running for media coverage and money http://www.politico.com/blogs/2016-dem-primary-live-updates-and-results/2016/03/bernie-sanders-independent-media-coverage-220747

Bernie Sanders on Monday told NBC’s Chuck Todd that he ran as a Democrat to get more media coverage.

During a town hall-style event in Columbus, Ohio, the independent Vermont senator said, “In terms of media coverage, you have to run within the Democratic Party.” He then took a dig at MNSBC, telling Todd, the network “would not have me on his program” if he ran as an independent.

Money also played a role in his decision to run as a Democrat, Sanders added.

“To run as an independent, you need — you could be a billionaire," he said. "If you're a billionaire, you can do that. I'm not a billionaire. So the structure of American politics today is such that I thought the right ethic was to run within the Democratic Party.”

It appears that you are correct in that Sanders did get what he wanted and did not have to disclose how he is paying for three homes
 

HassleCat

(6,409 posts)
134. And what does this have to do with anything?
Mon Jan 16, 2017, 09:51 PM
Jan 2017

This certainly does not relate to postmortem. It looks to me like another pointless personal attack.

George II

(67,782 posts)
147. Yes I do, no one. But if you're going to make rash, vague accusations, you could be more specific.
Tue Jan 17, 2017, 02:33 PM
Jan 2017

jalan48

(14,348 posts)
148. Ah-I think I see what you mean-my apologies.
Tue Jan 17, 2017, 02:56 PM
Jan 2017

I should have said, big Wall Street firms and banks.

 

Fast Walker 52

(7,723 posts)
159. so why did he do this? Just to avoid awkward questions about his wealth?
Wed Jan 18, 2017, 01:51 PM
Jan 2017

or something more devious? Any guesses?

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