Told ya there were problems brewing.
Steve Beshear has a little Kentucky Retirement Systems scandal on his hands.
Here’s the latest from John Cheves:
At least twice in recent years, Gov. Steve Beshear’s office called the Kentucky Retirement Systems to suggest meetings with two of the governor’s Democratic political supporters who were working on behalf of private investment companies.
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The supporters were Mark Guilfoyle, a Northern Kentucky lawyer and lobbyist who helped lead Beshear’s 2007 transition team, and Jill Daschle, wife of the then-executive director of the Democratic Governors Association and daughter-in-law of former U.S. Senate Democratic Leader Tom Daschle.
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“The only reason I took the meeting (with Guilfoyle) is that I was called by the governor’s office and asked to meet with Guilfoyle and his client,” Burnside said.
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From 2005 to 2007, EnTrust Capital employed another Kentucky Democratic political operative, Mark Riddle, Kahne said. Riddle, a Frankfort lobbyist, has helped run campaigns for U.S. Rep. Ben Chandler, Attorney General Jack Conway and other prominent Democrats.
In an interview, Riddle said he introduced EnTrust Capital to officials at KTRS, the teachers’ pension system, but not KRS. EnTrust Capital did not win a contract, he said.
“It never led to anything. And I was never compensated for anything,” Riddle said. “I made a thousand dollars a month for, like, a year.”
You have GOT to click here to read the entire thing.
Unfortunately for Steve Beshear, this is just scratching the surface. I think you’re going to hear a lot more about this quite soon.
UPDATE: You know what’s alarming to me?
This governor had members of the KRS he appointed get rid of the executive director and oust the chairman.
All so he could apparently line the pockets of his supporters.
Get ready for the Beshear organization to go insane hitting back over this.






3 responses so far ↓
1 KYColonel // May 25, 2011 at 12:06 am
this sounds like a conspiracy theory.
2 wondering // May 25, 2011 at 9:52 pm
I know Mike Burnside personally. I have always been impressed with him and his integrity. Being removed from that mess may be the best thing that ever happened to him.
3 Chris Tobe // May 26, 2011 at 11:02 am
I voted to terminate Burnside because he covered up the existence of placement agents for 8 months in 2010, and covered up troubling findings on the Church land deal in 2009 to Trustees.
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