Monday, January 7, 2013
Arkansas Politics Report: State treasurer probed by law officers
Posted by Max Brantley on Mon, Jan 7, 2013 at 8:43 AM
Arkansas Business, citing anonymous sources, says Arkansas Treasurer Martha Shoffner has been under investigation for more than a year by unnamed law enforcement agencies. (In addition to state legislative review and media examinations of her record.)
Obvious areas of interest are: 1) her at-least sloppy handling of campaign finances, largely propelled by people with an interest in doing investment business with her office; 2) the disproportionate amount of business directed to certain securities salesmen (a subject first reported here in fall 2011).
Speaking of Martha Shoffner
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The Cash Pie Edition
May 24, 2013The arrest of State Treasurer Martha Shoffner, Bloomberg versus Pryor, Cotton's wackiest turn yet, stealing Cornish hens and big-time football at the fiscally distressed Mineral Springs School District — all covered on this week's podcast. /more/
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Another state treasurer in corruption probe
May 24, 2013Speaking of former Treasurer Martha Shoffner, accused of taking kickbacks for steering huge sums of state bond business to the broker making the payments: Here's another former state treasurer ensnared in a public corruption case, Tim Cahill of Massachusetts. /more/
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The crash of Martha Shoffner
May 23, 2013My overriding emotion about the fate of state Treasurer Martha Shoffner is sadness. /more/
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Say goodbye
May 23, 2013It's kind of piling on, admittedly, but we feel compelled to join the call for state Treasurer Martha Shoffner to resign. Awkwardly compelled, that is. She has not yet been convicted of the criminal charges filed against her, and that's an important point. The presumption of innocence has not been repealed. /more/
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Gov. Beebe says he'll appoint treasurer soon
May 22, 2013A replacement for resigned Treasurer Martha Shoffner? In the "next several days," Gov. Mike Beebe told reporters today. /more/
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Salesman in Shoffner probe resigns from securities firm
May 22, 2013Steele Stephens, the securities salesman whose large share of state Treasurer Martha Shoffner's state bond investments triggered a federal investigation that led to a criminal charge against her, yesterday submitted a resignation by fax to his employer, St. Bernard Financial Services, based in Russellville. /more/
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Martha Shoffner resigns as Arkansas state treasurer
May 21, 2013Martha Shoffner, facing federal prosecution in a kickback case, has resigned as Arkansas State treasurer. /more/
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Shoffner watch: She won't be in today
May 21, 2013Debbie Rogers, chief deputy state treasurer, said Treasurer Martha Shoffner will not be at work today, but otherwise it was "business as usual" at the treasurer's office. /more/
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Sources identify Steele Stephens as informant in Shoffner case
May 21, 2013I hinted earlier that evidence was mounting that the securities salesman who provided confidential information to the FBI was Steele Stephens, the broker who began enjoying a huge share of Treasurer Martha Shoffner's bond business in 2010. /more/
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Stormy morning: Shoffner, hospitals, abortion
May 21, 2013A morning report as Arkansas watches the stormy skies: * THE STATE TREASURER WATCH: Can Martha Shoffner really return to work today as state treasurer, overseeing billions in state investments, after admitting to FBI agents that she wrongfully accepted a pie stuffed with a cash kickback from a securities salesman she inordinately favored with state business? /more/
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