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Former Oregon Republican Party chairman and one-time gubernatorial candidate Craig Berkman owes millions to some of Portland’s wealthiest investors—but that hasn’t stopped him from making generous political contributions to Sen. John McCain and others. Last month, in Multnomah County Circuit Court, a jury found that Berkman had defrauded local investors…and a large British Columbian public pension fund. Jurors concluded Berkman, 66, defrauded investors and must pay them a total of $28 million for using their money as his own and lying to them about the failure of various companies in which he invested…
But despite his personal indebtedness of $12 million, Berkman opened his wallet often in this election year from his adopted 12,000-square-foot lakefront home in Florida…The biggest individual beneficiary was McCain, a campaign finance reform advocate in the years after he was caught up in the “Keating Five” scandal in 1989. Berkman maxed out his donations to McCain, the eventual Republican presidential nominee. Records show he gave McCain $2,300 in July 2007 for the primary and another $2,300 in March 2008 for the general election. He also gave $4,600 to McCain’s “compliance” funds in 2008 for a total investment of $9,200.
More from Ken Silverstein:
Perspective — October 23, 2013, 8:00 am
How pro-oil Louisiana politicians have shaped American environmental policy
Postcard — October 16, 2013, 8:00 am
A trip to one of the properties at issue in Louisiana’s oil-pollution lawsuits
Acres of hemp grown by “patriotic‚” U.S. farmers in 1942 at the behest of the U.S. government:
A study suggested that the health effects of exposure to nuclear radiation at Chernobyl were no worse than ill health resulting from smoking and normal urban air pollution.
Greenpeace apologized after activists accidentally defaced the site of Peru’s 2,000-year-old Nazca Lines when they unfurled cloth letters reading “time for change” near the ancient sand drawings. “We fully understand,” the group wrote in a statement, “that this looks bad.”
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“I hope that after reading the following pages the leaders of the Y. M. C. A. will start a campaign to induce good young men to do nothing. If so, I shall not have lived in vain.”