Bevin offers different explanations of his signature on 2008 report; Responds to Paul's credibility comment

02/18/2014 03:16 PM

FRANKFORT — Dogged for a week about a 2008 report he signed that praised the bank bailout, Republican U.S. Senate candidate Matt Bevin offered reporters at the state capitol Tuesday different explanations about how his signature got on the report.

Since the news broke last week Bevin has struggled explaining why he signed off on the company report — and those explanations continued on Tuesday.

Bevin told CNHI reporter Ronnie Ellis that his signature was digitally placed on an investors report for one of Bevin’s former companies, an issue first reported by Politico last week.

“It wasn’t a signature it was a digital signature,” Bevin told Ellis while walking to a rally for Christians in the Capitol. “They’re submitted electronically. They always are.” Bevin also maintained that he doesn’t support the views in the document that he signed nor did he write the document.

An hour later, Bevin told Pure Politics that he signed every document that he was required by law to sign.

“I’ve signed many documents as president and CEO as required by law. I signed every single document that we were required to file every single one of them,” Bevin told Pure Politics after the rally in the Capitol rotunda. “I did not write any of the investment commentary for any of them.”

While Bevin has garnered Tea Party support in his primary campaign, he was dealt a blow Monday when U.S. Sen. Rand Paul told reporters that Bevin “hurt credibility” with the disclosure that he signed off on a report to investors in 2008 that praised the bank bailout.

Tuesday Bevin attempted to shrug off the questions of credibility from Paul by telling reporters to ask Paul about it — and then saying it’s Paul’s opinion.

“His opinion is his opinion, and everybody’s entitled to one,” Bevin told reporters.

Bevin conceded that the issue has distracted from his message, which most recently has focused on U.S. Sen. Mitch McConnell voting to proceed with debate on a bill that raised the nation’s debt ceiling, which paved the way for the Senate Democrats in the majority to pass the measure on a party-line vote.

About Nick Storm

Nick Storm joined cn|2 in December 2011 as a reporter for Pure Politics. Throughout his career, Nick has covered several big political stories up close, including interviewing President Barack Obama on the campaign trail back in 2008. Nick says he loves being at the forefront of Kentucky politics and working with the brightest journalists in the commonwealth. Follow Nick on Twitter @Nick_Storm. Nick can be reached at 502-792-1107 or



  • viewer wrote on February 18, 2014 03:28 PM :

    I’m not a lawyer but I play one on CN/2 Pure Politics comments page. I would advise Bevin to stop digging. Put the shovel down. Now ! The hole is already big enough. If not your kids will end up on public assistance , because you will be in jail… The viewer

  • Bruce Layne wrote on February 19, 2014 06:45 AM :

    I want a media that asks tough questions, and vigorously follows up on leads and stories, but this is just another example of a salacious rumor with no real substance. Why do we have a corrupt 30 year career politician as our senior senator? Because he’s a masterful politician. His political machine is great at manipulating the media. It’s become so bad that now McConnell can vote to completely abandon the principles of his own party, recklessly raise the debt ceiling for a tenth time without any effort to curb spending, then release some salacious well timed lie and that’s all the media covers. The debt is boring, but Matt Bevin signed a document where someone else acknowledged a short term benefit to assets under management and Matt Bevin is the bad guy? Really?

    How about some real journalism? I still haven’t seen this prospectus. So far, it’s all hearsay and rumor. Let’s see the document in its entirety so we can see who wrote what. Maybe look at others in the series to see if Matt Bevin supported the bailout or as he stated only signed each prospectus to verify the accounting data. Maybe get an interview with the person who actually wrote the article and ask some good questions designed to determine the truth. How about finding other commentary from the same period from Matt Bevin that would shed some light on his personal views about the TARP-1 bailout THAT MITCH MCCONNELL TWISTED ARMS IN CONGRESS TO PASS AND THEN BRAGGED ABOUT ON TELEVISION AS THE SENATE’S FINEST MOMENT? The only research you need to do to verify McConnell’s love of TARP is a quick YouTube search to see McConnell breaking his arm patting himself on the back for bailing out corrupt Wall Street banksters with our kid’s future tax money, but no. Even assuming that the very worst lie about Matt Bevin is true, the media once again pillories McConnell’s opponent for something when McConnell is blatantly guilty of a far worse crime in the same category.

    It’s pathetic to see the McConnell Machine deftly manipulate the media like this, and see the media fall for it over and over.

    At some point, we need to hold the media responsible for some of McConnell’s perpetual lies and his reckless reign of irresponsible tax & spend & spend & spend & borrow.

  • KK wrote on February 19, 2014 04:28 PM :

    There you have it—read it for yourself.

  • Michael Adams wrote on February 19, 2014 07:54 PM :

    Bevin made his biggest mistake by telling two different stories to two different news organizations, changing the story in less than an hour. That just lost him any credibility he may have had with Kentucky’s press.

    But it is tempting to ask why Stumbo wasn’t hounded for changing his story on the Arnold sexual harassment claims from “I’ve heard some rumors but I was never advised directly” to being on top of it from the beginning, setting up mediation to resolve the claims and that “he thought until earlier this month that the mediation process had been successful.” (See: Ronnie Ellis, “Sexual harassment complaints shake capitol,” The Daily Independent (Ashland, KY), August 21, 2013; and Jack Brammer “Fallout from sexual harassment allegations continues in Kentucky House,” Lexington Herald-Leader, August 26, 2013.) [Note: I am not saying the press should stop questioning Bevin on this. They should continue. His own contradicting statements gave this story life. I am saying they should start questioning Stumbo about his own contradictions and give him the same treatment.]

    Bevin’s contradicting statements make this newsworthy enough. But the icing on the cake is the name of Bevin’s company: “Veracity Funds.” That is just too rich for the media to pass up.

  • Dee W. wrote on February 20, 2014 11:19 PM :

    There you go again Bruce – anything but confront the actual situation. Bevin’s company did in fact send out a letter with his signature endorsing TARP. He can claim he never saw it and didn’t write it – that’s entirely possible – but it doesn’t change the fact that it occurred. Bevin has made this into a bigger story through his poor response and making the topic such a huge part of his campaign. McConnell’s camp I’m sure is enjoying Bevin’s squirming around and are and will use it to their fullest advantage, but that isn’t their fault.

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