U.S. Senator Roland Burris has been sidestepping questions about his role(s) in the IFDA master trust troubles. While the Senator was a side issue to a March 30th article published by the Springfield Journal Register, the statement provided by his public-relations specialist may signal just how little Mr. Burris understood about his responsibilities to the Illinois public.
In an effort to shift blame to current Comptroller Dan Hynes, Delmarie Cobb wrote to the paper:
I don’t know what he has to say is relevant given that he left the comptroller’s office in 1991. When he left, the pre-need fund was in the black.
Au contraire, Ms. Cobb.
The $49+ million dollar question is why Comptroller Burris issued a seller’s license to the IFDA when it did not have a corporate fiduciary?