Thursday, June 23, 2005

CunningScam just keeps asking to get bigger.

Josh Marshall points us to this bit in the middle of a story in the LA Times
A month after selling their Del Mar Heights home, Cunningham and his wife, Nancy, paid $2.5 million for an 8,000-square-foot home in exclusive Rancho Santa Fe owned by Douglas and Karen Powanda.

Douglas Powanda is a former executive vice president at Peregrine Systems, a San Diego-based business-software company.

Peregrine was Cunningham's third-largest corporate contributor in 2004, giving $14,000 in individual and corporate donations. In late 2004, Powanda was among eight former Peregrine executives indicted by a federal grand jury in an alleged multibillion-dollar securities fraud; he awaits trial.
We hope someone can dig up an appraisal on this house soon. Until then, just remember this.
Rep. Tom DeLay (R-Texas), the House majority leader, refused on Tuesday to comment on whether Cunningham's house sale should be referred to the Ethics Committee. Cunningham has contributed $5,000 of his campaign funds to DeLay's legal defense fund as he fights controversies of his own.

"Duke Cunningham is an honorable man," DeLay told reporters. "He is a war hero. He was the first Top Gun."
And Tom is intimately familiar with both honor and war.

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