http://www.youtube.com/watch?v=8NNvoz1pvow
http://dailycaller.com/2011/05/10/maine-senate-candidate-calls-on-olympia-snowe-to-resign-in-face-of-husband%E2%80%99s-scandal/
Excerpt:
- The Art InstitutesOfficial Site: Learn More About Our Wide Range of Programs! www.ArtInstitutes.edu
D’Amboise issued a statement Tuesday morning calling on Snowe to resign after the U.S. Department of Justice joined a lawsuit against Education Management Corporation (EDMC), a company that has employed her husband, former Maine Gov. John McKernan, for the past 12 years. The suit alleges that EDMC had defrauded the government of financial aid funding.*
D’Amboise said Snowe has “directly benefited” from her husband’s financial activity, which he describes as, “defrauding of taxpayers, pocketing millions of dollars – millions of our hard earned tax dollars.” D’Amboise also said Snowe “became a millionaire with our money.”
“Olympia Snowe owes us two things – an explanation and a letter of resignation. Instead, she is in holed up in her ornate Washington, D.C. office refusing to explain what she knew and when she knew it,” D’Amboise said in his statement. “How can your spouse bring in millions of dollars without asking him how he was making all that money? Olympia is a smart lady. She had to know something was fishy about how her husband was doing business.”
D’Amboise, who considers himself a representative of the Tea Party movement, announced his official candidacy to challenge Snowe in the 2012 GOP primary in February 2010.
Snowe’s office did not immediately respond to TheDC’s request for comment.
Read more: http://dailycaller.com/2011/05/10/maine-senate-candidate-calls-on-olympia-snowe-to-resign-in-face-of-husband%e2%80%99s-scandal/#ixzz1fo46EkUs
http://www.edmc.edu/
Excerpt:
Welcome to Education Management Corporation.
Our schools are dedicated to giving students the skills, tools and confidence they need for a lifetime of success. From preparing graduates for their first, exciting foray into the business world to helping busy professionals broaden their career possibilities, we provide flexible curriculum and scheduling, smaller classes with hands-on instruction and abundant personal attention and, most importantly, a practical education.
http://bangordailynews.com/2011/08/09/politics/snowe-says-husbands-company-frustrated-with-suit/
Excerpt:
Former Maine Governor John McKernan and his wife, Sen. Olympia Snowe, take a moment to speak with Maine Delegate Kathy Watson of Pittsfield at a luncheon for Republicans Committed to Higher Education in Minneapolis during the Republican National Convention in September 2008.
BDN staff and wire reports
Posted Aug. 09, 2011, at 3:44 p.m.
Last modified Aug. 10, 2011, at 5:27 a.m.
Last modified Aug. 10, 2011, at 5:27 a.m.
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Company violated federal student-aid rules under McKernan, U.S. saysFormer Maine Gov. John McKernan on Tuesday denied allegations that the for-profit college corporation where he is board chairman broke federal laws when compensating its recruiters.
McKernan is chairman of the board and a former chief executive officer of the Pittsburgh-based Education Management Corp., which operates 105 schools in 32 states and Canada. He issued a statement Tuesday saying the company had taken extra steps to ensure it was in compliance with federal law.
http://exceptionmag.com/beliefs/perspectives/0002304/olympia-snowe-votes-protect-millionaires-herself
Excerpt:
With an estimated net worth between $12.6 million and $44.7 million, Olympia Snowe is the tenth-richest member of the Senate. She makes $174,000 a year as a U.S. senator. Though Snowe's most recent official financial disclosure form does not list specific income for her husband, former Maine Governor John McKernan, it does indicate two income sources that likely push the couple over the $1 million threshold.
McKernan serves as chairman of the board of directors of Education Management Corporation, which is being sued for fraud by the U.S. Department of Justice and four states in connection with $11 billion in financial aid it received between 2003, when McKernan was chief executive, and 2011.
http://www.nytimes.com/2011/08/09/education/09forprofit.html?_r=1
Excerpt:
For-Profit College Group Sued as U.S. Lays Out Wide Fraud
By TAMAR LEWIN
Published: August 8, 2011
Should federal student loans be cut off at "career colleges" whose graduates have a lot of debt and struggle to repay it?
While the civil lawsuit is one of many raising similar charges against the expanding for-profit college industry, the case is the first in which the government intervened to back whistle-blowers’ claims that a company consistently violated federal law by paying recruiters based on how many students it enrolled. The suit said that each year, Education Management falsely certified that it was complying with the law, making it eligible to receive student financial aid.
http://www.edmc.edu/about/officers/MckernanJohn.aspx
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