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Feds looking into Bernie Sanders, wife over real estate deal

27 June 2017

According to the accusations, she obtained bank loans for Burlington College, a now-defunct liberal arts college with approximately 200 undergraduates that she served as president of from 2004 to 2011.

According to the 2016 article, the college racked up more that $11 million in debt over the attempts to expand the college, which was "pushed by the school's president at the time", Jane Sanders.

While the Sanders' have largely tried to downplay the investigation, the pair has now lawyered up, Politico reported, retaining well-connected Burlington attorney, Rich Cassidy.

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So how is Bernie Sanders involved in this case? "I don't think there are many Americans who think that we [should] give unbelievably large tax breaks to billionaires and then tell disabled kids or people who are in nursing homes today because of Medicaid that we're going to punish them", Sanders told Cooper. That bank loan was contingent on Sanders's promising that she had secured $5 million in donations and $2.4 million in confirmed pledges (i.e., donations that Burlington College officials had not yet received but that would be coming soon).

Sen. Sanders previously called the allegations "nonsense", but last month during an interview with Kyle Midura of Burlington TV station WCAX he was pressed and his response was noticeably different.

Sanders also noted to the local media that the investigation was "initiated by Trump's campaign manager, somebody who does this all the time, has gone after a number of Democrats and progressives in this state". Politico reports the evidence for that so far is "thin at best", but Sanders (like anyone in that situation) is wise to have a lawyer handling the probe for him. Sanders' office inappropriately urged the bank to approve the loan. He said it only made sense that the Sanderses had hired an attorney, but they had not been contacted by investigators.

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"Well, as you know, it would be improp- this implication came from Donald Trump's campaign manager in Vermont", Sen.

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Feds looking into Bernie Sanders, wife over real estate deal