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Senator Thune Answers Questions About Dan Nelson Automotive Group

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suegeo Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-05 01:30 PM
Original message
Senator Thune Answers Questions About Dan Nelson Automotive Group
Ah, the best democracy money can buy!

http://www.keloland.com/NewsDetail2817.cfm?Id=0,40913

U.S. Senator John Thune is answering tough questions about his political and financial relationship with local car dealer Dan Nelson.

Don Jorgensen, who broke the story last night, caught up with Senator Thune on Friday.

Senator Thune categorically denies that he did anything improper when he sat on the board of directors for First Federal Savings Bank, now known as Metabank; the bank that loaned Dan Nelson and his automotive companies millions of dollars.

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More on the scandal

http://www.argusleader.com/apps/pbcs.dll/article?AID=/20050709/NEWS/507090339/1001


Creditors shut down Dan Nelson's dealerships
JON WALKER
jwalker@argusleader.com

Published: 07/9/05



Sen. John Thune answered questions Friday about his relationship with Dan Nelson, a Sioux Falls car dealer who owes more than $29 million to creditors.

(Argus Leader File Photo)
THUNE DENIES HAVING INFLUENCE ON LOANS

Sen. John Thune said Friday that he had no influence in a bank loaning money to his friend, Dan Nelson of Sioux Falls, whose auto dealership business is now in bankruptcy court.

Thune, a South Dakota Republican, was a board member for MetaBank, the major creditor in Nelson's bankruptcy case. His service to the bank was for 22 months in 2003 and 2004, when he was between terms in Congress.

Thune said Internet traffic has fueled the controversy as a carryover from last year's election, when he defeated Democratic incumbent Tom Daschle.

Dan Nelson's financial empire crumbled Friday - a day that a Sioux Falls bank closed his four car dealerships, and his friend, U.S. Sen. John Thune, defended his work for the lender that gave Nelson his money.
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barbaraann Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-09-05 01:40 PM
Response to Original message
1. "internet traffic has fueled the controversy."
GOP Scapegoat #815,327--internet traffic.

If I am ever accused of a crime, can I use this as as defense?

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liberalhistorian Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-24-05 08:04 PM
Response to Reply #1
5. No, because only Repubs
can use such defenses. They're not for us low-life, scum-sucking Dems, you know. :sarcasm: :sarcasm:
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Broke Dad Donating Member (345 posts) Send PM | Profile | Ignore Sat Jul-09-05 05:31 PM
Response to Original message
2. Nail the Scum sucker!!!!!!!!
With any luck, Dan Nelson's criminal prosecution will drag into 2010 when scum sucker Thune has to run on his ties to Nelson, lack of clout in DC and damage done by W.
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stitz58 Donating Member (62 posts) Send PM | Profile | Ignore Mon Jul-11-05 08:16 PM
Response to Original message
3. nelson
make nelson pay the $29 million back at 25 percent interest, like HE did to the desperate people that he sold cars to.
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existentialist Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-12-05 12:28 AM
Response to Reply #3
4. Nelson going broke
Which is probably why he went broke; it doesn't matter how much interest you charge if the debtor simply cannot pay.
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