Tag Archive: loan

Oury tries to use the Chris Christie defense

Oh the irony:

Attorney Dennis Oury says his failure to tell his accountant about $25,000 he received from a grant consulting business is like the “innocent oversight” cited by former U.S. Attorney Chris Christie in neglecting to report interest income from a loan to a colleague.

Without mentioning the Republican gubernatorial candidate by name, Oury’s defense lawyer, Gerald Krovatin, alluded to him in court papers seeking to strike certain language from a revised indictment as irrelevant to the crimes charged, and prejudicial to Oury.

Here’s what they want changed and their justification for the motion:

Oury is seeking to strike language from four new counts, added in July, alleging willful failure to file tax returns for the years 2004, 2005, 2006 and 2007.

The passages in question allege that from 2004 through 2007, Oury “concealed” from his personal accountant $25,000 he received from GGC in 2004 and only after he became aware of the grand jury probe in 2008 did he instruct his accountant to include that income.

Krovatin said Oury’s memory was jogged by the investigation and, in an apparent reference to Christie, described the lapse as an oversight, “similar to an innocent ‘oversight’ of interest income from a personal loan to a colleague or friend.”

Prosecutors opposed the motion made by Oury’s team. I didn’t think it was an oversight for Christie and I don’t think it’s one for Oury either. But it’s certainly an interesting legal argument that keeps the Christie loan story in the news.

Kean shills for Christie while Byrne debunks the spin

Check out this exchange from former Governors Kean and Byrne talking about the loan controversy and subsequent resignation of Michele Brown:

Q: Will the resignation of first assistant U.S. Attorney Michele Brown put to rest the unreported loan Chris Christie made to her, or does her resignation raise more questions?

BYRNE: I think it raises more questions. The Brown situation has been trivialized by Christie. Now this lady resigns you can’t trivialize it anymore.

KEAN: It’s sad. This is a public servant whose work has been praised by everybody from people serving now in the Corzine administration to people outside government. The fact that she felt she had to resign is sad. I think the governor – or maybe his campaign people – should be ashamed. The only people who are happy today are the crooks she helped put in jail. This was a case of taking politics one step too far.

BYRNE: Tom, you’re good at this. You take an issue that Christie created and make it the Democrats’ fault. That’s a successful formula, and you’re good at it.

KEAN: This is not a successful formula for anything. We need a good governor and good people in the prosecutor’s office. That Michele Brown was hounded out of office by unscrupulous campaign operatives because she sought a loan to save her home when her husband was out of a job is outrageous. Nobody has criticized her or her work except those convicted of major crimes.

BYRNE: There you go again, Tom, taking something Christie did and blaming the Democrats.

KEAN: Having compassion for a friend and co-worker and helping them save their home is something he should have done – and we would have done it also.

BYRNE: Yes, and reported it.

KEAN: I don’t think everyone knows you’re supposed to report interest on a loan to a friend. When he found that out he corrected it.

BYRNE: Are you just the honorary chairman of his campaign? You’re doing a good job.

Byrne is exactly right.  Christie created this issue by not reporting the loan and filing it in the first place. The issue wasn’t uncovered by the Democrats, it was first reported by NJN. Then the NY Times followed up with news that it wasn’t filed on ethics reports and the Star Ledger reported the lack of filing for tax purposes. And for those who want to say the media is biased, the facts laid out in these stories haven’t been disputed. Instead, Christie and his supporters are trying to deflect attention from this latest self inflicted wound. For Christie, the buck always stops with someone else because it’s one set of rules for him, another set for the rest of us.

Webber and Hughes discuss the Christie revelations on NJN

On NJN news last night, host Jim Hooker had a discussion with GOP state Chairman Jay Webber and Mercer County Executive Brian Hughes.

Webber said the latest revelations do no damage to Christie and that they’re a side show cooked up by the Corzine campaign (although NJN discovered the story which Hooker challenged Webber on). Webber continued to do his best spin job deflecting things back to Corzine and said that “an ethics champion like Chris Christie does the right thing when he makes a mistake.”

Then Hooker turned to Hughes, who said this raises questions about his claim that he pays attention to detail if he can’t even fill out these forms correctly, as they’re not difficult things to do. Webber again tried to turn it around on Corzine when asked about the connections between Brown and Christie and whether he had a pipeline to the office. He said that the Democrats have no facts to back up their allegations, to which Hughes said it was connecting the dots and he laid out the dots. Webber said the issue is a minor bump in the road and that there is no chance he won’t be on the ballot.

Ohhh… THAT Second Mortgage

The next day for Chris Christie after news broke Monday night didn’t get any better yesterday:

A contrite Christopher J. Christie, the Republican former prosecutor running for governor on a platform of corruption busting and ethical reform, apologized Tuesday for failing to report a $46,000 loan to a top aide on his tax returns and financial-disclosure forms.

Here’s the NJN news story on the latest developments:

The NJN story looks at language Christie used as US Attorney to prosecute people with tax issues, but Christie said his actions weren’t willful. Christie says it’s just an honest mistake that things weren’t reported and disclosed:

“To you and to the people of the state, I’m going to tell you, I’m not perfect and I’m not going to be,” he said. “I’m going to make mistakes, and when I make mistakes, I’m going to own up to them, and this was a mistake and an oversight on my part.”

And then there’s this “I’m the decider” quote from Christie:

Mr. Christie said he could see a potential problem if an underling had lent him money, but he added, “the fact of the matter is, I was the boss, so I had authority anyway.”

Follow me below the fold because Zack Fink, who broke the story has many more questions that he’s raising on his blog about just what the boss did.