And when he's not lying he does his Jay Carney imitation, clams up and walks away!
Terry McAuliffe silent on union-connected loan
http://www.washingtontimes.com/news/2013/oct/24/mcauliffe-silent-on-union-connected-loan/?page=all
For the arrangement, known in real estate parlance as a covenant not to encumber, Mr. McAuliffe — along with two other trustees for family trusts in his wife’s name — asked a bank for a $750,000 letter of credit “for the benefit of” Union Labor Life Insurance Co., or Ullico, the union-owned company that came under a congressional investigation a decade ago for risky investments.
It also was made as Mr. McAuliffe, Ullico and its executives invested money in a telecommunications company called Global Crossing. Mr. McAuliffe invested $100,000 of his own money in 1997 in Global Crossing before the stock was offered publicly, and eventually flipped the stock for a multimillion-dollar windfall before the company failed