Why did Indiana Senator Evan Bayh drop out of contention for the Democratic 2008 Presidential slot? A Saturday morning announcement indicated Evan had thrown in the towel.
The timing is odd from this blogger's perspective as just yesterday I e-mailed the Senator on his wife's connections to WellPoint, a large health insurance company. Financially Susan Bayh had done quite well from her tenure on the board. Her exercising stock options provided $1.2 million in investment income for the Bayh household the last year and a half. On top of that she receives annual cash payments of over $80,000 and 3,750 shares of stock.
The Senator's health care stand sounds Republican with its focus on providing tax credits for small businesses and the unemployed to buy private health insurance. Could his wife's relationship with a big insurer be why?
And did the Senator drop out because of this blogger's revelation? Only he can answer that...