The New Republic’s newest issue is out!
It’s a spiraling story about power, drugs, sex, lies, money, and faith. And it’s a story in which a number of Minnesota politicians, from Michele Bachmann to Tim Pawlenty to Walter Mondale, play intriguing roles.
An excerpt from the piece includes:
“As Bachmann was pressing Vennes’s cause, the Ponzi scheme was crumbling. By late 2007, hundreds of millions of dollars of PCI notes were extending beyond their maturity date without being paid. Nevertheless, Petters bought himself a new Bentley and paid his fellow plotters (Coleman, White, and a handful of other functionaries) more than $6 million in bonuses.”