Tag Archives: Eleanor Spottswood

Will the EB-5 Settlement Be an Open Window or an Escape Hatch?

Congrats to former governor Peter Shumlin, who will be spared the indignity — and potential legal peril — of testifying under oath about the EB-5 scandal, thanks to the state’s universal settlement of lawsuits by investors in the fraudulent scheme.

Regrets for the rest of us, who’ve been wondering for years what he knew and when he knew it

At the same time, hopes arise for the fullest possible disclosure of documents hitherto barred from public disclosure because of the state’s legal exposure. Well, that threat has been removed, right? So now we can expect a big press conference any day now where state officials will pull a curtain away from a mountain of documents and eliminate all the suspicions.

Right?

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