from the Denver Post
Betsy Markey’s congressional campaign on Monday countered accusations she violated conflict-of-interest rules, presenting documents that show she both divested her interest in and resigned her leadership role in technology firm Syscom Services in 2005.
So Betsy presented documentation that she had removed herself from ownership of and employment by Syscom:
Markey’s campaign spent Monday presenting a faxed copy of her resignation letter from the Syscom board of directors and of a stock-transfer certificate divesting her 51 percent interest to husband Jim Kelly. Both documents are dated Nov. 1, 2005.
Musgrave did fire back:
They show she divested nearly a year after she began in Salazar’s office. And Theilman argued divesting to her husband didn’t really resolve the potential conflict of interest.
“The company still belongs to both of them,” Theilman said. “What kind of phony effort is it to resolve a serious conflict of interest by handing the document to the other side of the kitchen table?”
I don’t think that will carry much weight with voters. First off, with a small company like that, there really isn’t any other option for divesture – it’s not like people are lined up to buy it. And shutting it down would end the jobs of everyone working for it.
Second, there is no example of any way in which Betsy provided any advantage to Syscon. Musgrave’s campaign is claiming a problem, but can’t show even a hint of any gain for Markey.
So Musgrave will probably continue to use this, but I don’t see it gaining much traction.