Mollohan to Admit Misstating on Financial Disclosure Forms:

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Rep. Alan Mollohan (D-WV), under fire for writing earmarks to non-profits that he founded while his personal finances skyrocketed, plans on admitting, as early as today, “that he misstated some transactions in his congressional filings”. According to the Washington Post Mollohan plans to explain how his personal wealth grew so fast while also admitting that he misstated a number of items in his personal financial disclosure forms. The Post also gives a good explanation of the history of Mollohan’s string of non-profits which he created to diversify the West Virginia economy.