Unsavory dealings by former CEO/current spouse of Sen Olympia Snowe the real reason for her resignation? Spouse John McKernan headed the largest for-profit chain of colleges in the U.S., which was sued by the DOJ & 11 states for fraudulent reporting re: illegal incentive pay for recruiters. From the article: "If the allegations are proven, then EDMC will be held liable for the theft of billions in government funds from Title IV." (The beltway narratives regarding Sen. Snowe's "moderation" and lack of "bipartisanship" in Congress are just a little too pat.)
Is There More to Sen. Snowe's Resignation Than Congress's "Crumbling Center"??
Snowe's husband is former Maine Gov. John McKernan, and he is currently the chairman of the board of directors of EDMC and former CEO of what is the second-largest owner of for-profit colleges in the country. The for-profit educational retail chain has been sued by the Justice Department and eleve…