Here’s a story ripped, as they say, from the headlines.
It’s about a business venture with an ambitious plan to bring new possibilities to an underserved area of Vermont, with large quantities of money obtained through a federal program.
The venture’s head is a prominent, well-connected Vermont businessman. At one point, he hired a top Shumlin administration official to fill a high-profile executive position. The hire raised some concerns about Montpelier’s “revolving door” between public and private sectors. (The hiree was a woman, and is no longer with the company.)
The venture poured lots of outside money into its project. Eventually, people started noticing that the results were far short of what was promised. Inconvenient questions were raised. But through it all, the head of the venture insisted that nothing was wrong. Indeed, he publicly criticized VTDigger for “unfair” reporting.
Okay, I must be talking about Bill Stenger and Jay Peak, right?
Vermont’s congressional delegation is seeking information from the federal government on the $116 million broadband project that VTel Wireless started in 2010.
Sen. Bernie Sanders, I-Vt., Sen. Patrick Leahy, D-Vt., and Rep. Peter Welch, D-Vt., have signed a letter asking whether the U.S. Department of Agriculture’s Rural Utilities Service has been holding VTel accountable.