Celtic Diva's Blue Oasis: A blast from the past: Geraldine Ferraro's unsuccessful VP run and financial controversies

Thursday, March 13, 2008

A blast from the past: Geraldine Ferraro's unsuccessful VP run and financial controversies


I had completely forgotten about this:
Mondale's campaign was already far behind the Republican ticket when Ferraro joined the ticket, and one issue that hurt her credibility was her disclosure of her husband's tax returns. In July 1984, she said she would release both her and her husband's tax returns. Yet a month later she backtracked and said she would release only her returns. Then she backtracked again, saying her husband would release "a financial — a tax statement" on August 20. But she must not have consulted her husband, because Zaccaro initially refused.
The results:
After the election the House Ethics Committee officially criticized her mishandling of campaign finances.

Eventually it all caught up to both of them:
Still under public scrutiny her husband pleaded guilty to overstating his net worth in getting a loan and was sentenced to community service. Also, police affidavits surfaced detailing a 1985 meeting between Zacarro and Robert DiBernardo, a captain and porno kingpin for mob boss John Gambino.
This was a person you wanted dealing with your campaign finances? Was she the one advising Hillary to refuse release of her tax returns?

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