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Gay Politico Polis In Investment Brouhaha

jaredp2.jpg
Colorado Congressional hopeful Jared Polis and his staff have quite a mess on their hands.

The millionaire homo has previously come out against fellow Democratic opponent Joan Fitz-Gerald for taking money from oil and mining companies, which are notoriously dirty industries.

A Denver Post report, however, shows that Polis’ financial dealings aren’t as clean as he’d like voters to believe…

Karen E. Crummy reports:

Polis has made hundreds of thousands of dollars from investments in those industries in 2006 and 2007 — including some of the same companies he has skewered his opponent for accepting donations from.

“Jared Polis divested himself of stock in these companies with atrocious environmental and human- rights records as soon as he discovered them through his fund manager,” campaign spokeswoman Dayna Hanson said in an e-mail.

Additionally, Polis still has investments worth between $250,000 and $500,000 in the Far East Energy Corp., which explores “some of the largest coal bed methane projects in China,” according to its website.

Fitz-Gerald campaign manager Mary Alice Mandarich pointed out that Polis’ campaign has accepted contributions from top oil and gas executives at Aspect Energy LLC, Bonanza Oil Co., Global Industries and Teaco Energy Services.

Polis’ campaign would not release how much money the politico has made from his investments.

Polis, who has been a fierce advocate of expanding educational programs, also has had investments in a number of pharmaceutical companies, another industry that he accused Fitz-Gerald of courting for contributions.

On a related note, Polis has used at least $1 million of his own money to fund his campaign. Perhaps that’s where he pumped his oil dough?

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By:           Andrew Belonksy
On:           Apr 24, 2008
Tagged: , , , , , ,
1 Comment

No. 1 · Tweety

Why is this a “scandal?”

Posted: Apr 24, 2008 at 10:55 am · @ReplyReply to this comment · [Flag?]

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