Ariz. Governor Pleads Ignorance in New Times School-Loan Story

november 28, 2006  04:36 pm
Responding to a report in the Phoenix New Times, Gov. Janet Napolitano claimed last week she didn't know that two political allies were officers in a student-loan company established by her executive order. The Arizona Higher Education Loan Authority was created in December 2004; four months later the governor vetoed a bill that would have allowed other companies to compete with the nonprofit student-loan firm. New Times’ investigation reported that the firm is headed by politically connected retired firefighters with close ties to the governor.