Failing Upward, Cont'd

In Brief

One-time higher-ups at the defunct Thornburg Mortgage continue to seek, and sometimes score,

.

In April, former Thornburg board member Eliot Cutler announced his candidacy for governor of

Maine

. According to a May 26 Portland Press Herald story, Cutler put $240,000 of his own money into his campaign.

Cutler is running as an independent; his platform includes cutting Medicare and other public assistance programs.

During Thornburg Mortgage’s troubled final year, Cutler claimed $159,000 in compensation—including $26,000 after the company’s

in May 2009.

Cutler’s website touts his “distinguished” business career.

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