The latest to be caught up in it is Rahm Emanuel:
News broke last week that Rahm Emanuel, now White House chief of staff, lived rent- free for years in the home of Rep. Rosa De Lauro (D-Conn.) - and failed to disclose the gift, as congressional ethics rules mandate. But this is only the tip of Emanuel’s previously undislosed ethics problems.
One issue is the work Emanuel tossed the way of De Lauro’s husband. But the bigger one goes back to Emanuel’s days on the board of now-bankrupt mortgage giant Freddie Mac.
So, lived free for 5 years and didn’t pay taxes on the gift (which, frankly doesn’t particularly bother me, but since Democrats would crucify a Republican official who did the same thing, I think hoisting a Dems on the same petard is perfectly acceptable), allegedly threw business into the lap of the person who was providing the gift, and fiddled while Freddie Mac burned.
I’d say a tax audit is called for, but then since Timothy Geithner would have to call for it, so nevermind.