The you-know-what is beginning to hit the fan for Greg Stumbo. We told you months ago that things would get hairier and hairier for the newly-elected Speaker of the House.
Check out John Cheves’ latest:
House Speaker Greg Stumbo, D-Prestonsburg, failed to disclose on his mandatory ethics report that he owned a thoroughbred racehorse, even as he pushed legislation that would legalize slot machines at Kentucky racetracks and fatten the purses for horse owners.
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Stumbo’s partners in Kassidy’s Kiss included former Alcohol Beverage Control Commissioner Greg Ginter, who was fined and reprimanded in 1998 by the Executive Branch Ethics Commission for obtaining free bottles of bourbon from a Frankfort distillery he regulated; Michael Eaves, who was Ginter’s defense attorney; Morris Floyd, who is Ginter’s law partner; and Mike Bowling, a former state representative and Stumbo’s former law partner.
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In a prepared statement on Monday, Stumbo declined to say how much money he had invested in Kassidy’s Kiss, but he said the horse did not race while he was an owner. He sold his stake in the last few weeks, he said.
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According to Keeneland sales records, the filly was listed as having not sold at the September 2007 Yearling Sale after a high bid of $80,000. Floyd was one of the listed consigning agents for the horse.
This is only the beginning. And we finally have proof that the alleged “ethics investigation” Stumbo requested was totally worthless.
1 response so far ↓
1 jeffries // Mar 2, 2009 at 8:51 pm
for those of u who have no idea about the horse industry ky is killing us with beshear and his no gambling bullshit.we have owned a small throuogbred farm 4 35 yrs now we must sell because in case u didnt know keenland was down 58% from last yr and 50% the year before that so what ever u have to do in this industry go greg stumbo cuz hes the only one trying to save the breeding and the racing in ky. from what i hear their trying to weed out the small business in the industry so they beshaer and his counter parts have sucessfully ride one farm .ky no longer has any revenue they can stand behind. mit as well call it the state of bullshit. thank you for your time if this even gets read by any one who cares about the horse industry
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