August 25, 2009

I’M SHOCKED, SHOCKED TO FIND THAT Charles Rangel has undisclosed assets. “House Ways and Means Chairman Charles B. Rangel, already beset by a series of ethics investigations, has disclosed more than $500,000 in previously unreported assets. Among the new items on Rangel’s amended 2007 financial disclosure report were an account at the Congressional Federal Credit Union worth at least $250,000, an investment account with at least $250,000, land in southern New Jersey and stock in PepsiCo and fast food conglomerate Yum! Brands. None of those investments appeared on the original report, which was filled out by hand and filed in May 2008.”

But he’s got the Sunlight Foundation admitting error: “Obviously, the 28 occasions we tallied of Rangel omitting information from his financial disclosures is inaccurate–it’s too low.”

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