Letter: Integrity matters

Posted
Integrity matters

Editor of the Reformer:

The announcement by the State of Vermont Department of Financial Regulation that Wells Fargo and Raymond James have entered into settlements with the state stemming from fraud allegations is another wake up call for Vermonters. Candidate Bruce Lisman honed his skills on Wall Street working at bankrupt Bear Stearns for decades. Many lost money, but Mr. Lisman walked away with a $50 million fortune.

Despite numerous fraudulent schemes surrounding Mr. Lisman at Bear Stearns including independent firms whom Bear handled the clearing of trades, many were prosecuted by the SEC for fraudulent schemes along with Bear Stearns itself.

Mr. Lisman has yet to explain the campaign contribution he accepted from Richard Harriton who is a former colleague of Mr. Lisman's from Wall Street who was previously barred by the SEC for involvement in a $75 million fraudulent scheme.

Vermont has been rocked by two large fraud investigations; one involving theft of foreign funds with the EB-5 program, and another involving healthcare fraud of state and federal governments, commercial insurance companies and hundreds of patients who were denied refunds of their patient credit balances for a decade at The Brattleboro Retreat.

Lt. Governor Phil Scott cares about the well-being of all Vermonters and has demonstrated over his entire life the inherent trait of doing for others which is the hallmark of those who are genuinely motivated by public service. Bruce Lisman and his Campaign of Lies, his embrace of fraudsters and his work on Wall Street while numerous fraudulent schemes were hatched evidence why Mr. Lisman is wrong for Vermont.

Additionally, Governor Peter Shumlin has referred to those now under criminal investigation at The Brattleboro Retreat including former Retreat CEO Rob Simpson as his "friends." Vermont doesn't need any more "friends" or fraudsters, we need Phil Scott.

I encourage all Vermonters who care about our troubled state to participate in Early Voting at your local Town Clerk's Office and to support Lt. Governor Phil Scott in the August primary and general election. As the Vermont Democratic party is collectively responsible for $700M in new taxes since Gov. Peter Shumlin took office six years ago, provides the necessary clarity to understand that Democratic candidates Sue Minter, Matt Dunne and Peter Galbraith have no legitimate claim to the Governor's office in this election cycle. Indeed, Vermont suffers from an integrity deficit and Lt. Governor Phil Scott will restore it on Day 1.

Thomas Joseph, Wilmington, July 22

Editor's Note: As noted in the Reformer on Aug. 25, 2015. The Vermont Attorney General's Office is conducting an investigation into allegations leveled against it by Thomas Joseph. In response to repeated phone calls from the Reformer to the AG's office to determine the status of the investigation, the AG has said "The investigation is ongoing." Prior to the AG starting its investigation, both the U.S. Attorney's Office and the District Court for the District of Vermont concluded there was insufficient evidence to back such a claim against the Brattleboro Retreat.


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