Friday, November 28, 2008

DA Guerra on Texas indictments: Elected officials embedded into prison business


An excerpt from Raw Story:
Guerra told KVEO 23, an NBC affiliate in Texas, that "elected officials were embedded into the prison business and that it goes all the way to the top." "Now that these indictments have seen the light of day, Guerra says, it's important they are not quashed," the station reported."I'm going to try and do what I can do," Guerra told KVEO. "Impose it to you guys, and educate you guys, so you don't let it die."

On ABC affiliate
KRGV Newschannel 5, Guerra showed "records that he says could be used to prove Dick Cheney is guilty of criminal activity.""Greed will get you discovered and arrested every time, and that's what happened to Cheney," Guerra said.

Excerpts from KRGV's report:
Guerra says he went through Cheney's financial records and the prison companies' financial records and found the connection. The three top prison companies Guerra researched were Corrections Corporation of America, GEO Group and Cornell.

Those three have the Vanguard Group in common, which is an investment company that puts money into all three prison companies."We knew Vanguard was the key," said Guerra.Guerra showed us the Vice President's financial disclosure from last year and it shows he owned shares in the Vanguard Group.

Guerra estimates Cheney has $85 million invested in Vanguard and in turn, into the prison companies."The problem you have is he now has a direct interest," said Guerra.

And according to Guerra, it's a direct interest in making sure the prison companies stay in business.

Action 4 News has posted a full and unedited copies of a Willacy County indictments filed against Vice President Dick Cheney, former U.S. Attorney General Alberto Gonzales and others.

2008-CR-0128-A

Richard B. Cheney and Alberto Gonzales

Engaging in Organized Criminal Activity

2008-CR-0131-A

Mervyn Mosbacker, Jr.

Abuse of Official Capacity

Official Oppression

Click here from more.



Also, a link of Cheney's full and unedited copies of his indictment will be posted on the left hand side of the sidebar. And I will be writing a summation of this case this weekend.


Finally, Cheney's top income and asset sources from The Center of Public Integrity website:

Top 5 Income Sources

The VanGuard Group - Inter-Term Treasury Fund Admiral Shares (VFIUX) $115,002 - $1,050,000

The VanGuard Group - Inter-Term Tax-Exempt Fund Admiral Shares (VWIUX) $100,001 - $1,000,000

The VanGuard Group - Limited-Term Tax-Exempt Fund Admiral Shares (VMLUX) $100,001 - $1,000,000

The VanGuard Group - Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) $100,001 - $1,000,000

Grantham Mayo VanOtterloo & Co. LLC - Tax Managed US Equity Fund III (GTMUX) $15,001 - $50,000

Top 5 Assets

The VanGuard Group - Inter-Term Tax-Exempt Fund Admiral Shares (VWIUX) $5,000,001 - $25,000,000

The VanGuard Group - Limited-Term Tax-Exempt Fund Admiral Shares (VMLUX) $5,000,001 - $25,000,000

The VanGuard Group - Short-Term Tax-Exempt Fund Admiral Shares (VWSUX) $5,000,001 - $25,000,000

Grantham Mayo VanOtterloo & Co. LLC - Tax Managed Small Companies Fund III (GTMSX) $1,000,001 - $5,000,000

Grantham Mayo VanOtterloo & Co. LLC - Tax Managed US Equity Fund III (GTMUX)


[View Income Detail Records]

[View Asset Detail Records]

Also,

Cheney Financial Disclosure 2001 Vice President

Cheney Financial Disclosure 2002 Vice President

1 comment:

airJackie said...

Like many so called smart criminals it's the small things that bring them down. Cheney didn't give this business a second thought. He had bigger deals to handle. He left Gonzo to deal with the small stuff. Cheney had the Middle East, Georgia, Dubai, Iran, Syria, Turkey, Iraq, Afghanstan and the Saudi's to deal with. VanGuard was only needed for the extra money. To many businesses deals to deal with so he couldn't be bothered with VanGuard. Now it could be the one company that brings him down. Now if all fails this case can go to the Attorney General Holder.