Wednesday, October 13, 2010

ROTELLINI'S NEGLIGENCE & INACTION LEADS TO PEOPLES' LOSS IN LIFE SAVINGS


ROTELLINI’S NEGLIGENCE & INACTION LEADS TO PEOPLES’ LOSS IN LIFE SAVINGS

 
PHOENIX – The Tom Horne for Attorney General campaign has released a video detailing Felecia Rotellini’s negligence as a state banking regulator. She was warned in a detailed letter in 2006 that Mortgages Limited was engaged in possibly illegal financial activity. She did nothing, and two years later, in 2008, the warnings proved accurate and Mortgages Limited went bankrupt.

Paid for By Tom Horne for Attorney General
Thousands of Arizonans lost a total of more than a billion dollars because Rotellini sat on her hands when she had the chance to act.
By contrast, Horne has defended Arizona taxpayers, most notably in the Horne v. Flores case in which $300 million was saved because he took action on behalf of the citizens of Arizona. Rotellini’s record suggests that she does just the opposite.



Click here to watch the video or go to http://www.youtube.com/watch?v=owj2BXZEpfs.


Click here to view the warning letter to Rotellini’s Office or go to http://www.electtomhorne.com/mortgages_ltd.pdf.

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Paid for By Tom Horne for Attorney General

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