The Boston Herald has long been the house organ for former Sen. Scott Brown (R-Elsewhere), routinely boosting the peripatetic pol through what it does – and does not – cover.
Exhibit Umpteen of the latter comes today, as the flirty local tabloid completely ignores the biggest story about Brown right now – his questionable involvement with a shady Florida outfit called Global Digital Solutions.
Crosstown at the Boston Globe, the Brownanigans have been front-page news – twice.
From the Boston Sunday Globe:
Scott Brown got big stake in obscure Florida firm
For advisory role, an award with initial worth of $1.3m
An obscure company in West Palm Beach that markets itself as a firearms manufacturer made a splashy announcement last summer: It was appointing Scott Brown, the former Massachusetts senator, to its advisory board.
Not revealed at the time was what Brown received in exchange for lending his name to the venture. But a report the company made to the Securities and Exchange Commission last month, which has not been previously made public, shows that Brown received stock that was worth $1.3 million at the time. Its value has declined considerably since then, as the stock price has fallen by half.
Sort of like Brown’s own stock, eh? According to the piece by Todd Wallack and Noah Bierman, Global Digital Solutions started out as a beauty supply company and “does not yet sell or make guns. It has no revenue, no patents, no trademarks, no manufacturing facilities, and no experience developing weapons, according to its most recent corporate filings.”
From today’s Globe:
Scott Brown defends stake in Florida company
Says he advises startup; rivals call for disclosure
WINDHAM, N.H. — Scott Brown, former senator of Massachusetts, on Monday defended his decision to accept 1.5 million shares of stock from an obscure Florida company, saying he offers guidance and serves as a sounding board in exchange for his large stake in the firm.
“It’s a startup company that I’ve been on the board for, what seven, eight months, offering any type of advice when asked,” Brown said in a brief interview after a campaign event at a local gas station highlighting his energy plans.
Brown defended the legitimacy of the company, Global Digital Solutions Inc., dismissing concerns that it has announced a series of acquisitions that have not been completed. Among them was an announcement in March that it intended to buy Remington Arms Co. LLC, one of the world’s largest gun manufacturers, for more than $1 billion. That was greeted with derision by Remington and others in the industry.
Derision! That’s what Brown has in common with Global Digital Solutions. It all makes sense now.