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Greene's role in bankruptcy probed

A story in today's Johnson City Press looks at Democratic Senate candidate Jeff Greene's role in a bankruptcy filing by a convenience store chain in Tennessee and Virginia that he bought out of bankruptcy less than one year ago.

While Greene is busy promoting himself as a job creator, the newspaper reports that 40 people have been laid off because of the bankruptcy. His campaign argues that many more would be out of work if Greene's Sunshine Energy hadn't bought the APPCO chain in the first place, and that he hopes a dispute with the landlord can be resolved.

"This is just a small piece of Jeff's company,'' said Greene spokesman Paul Blank. "For the employees involved it's important, and Jeff is empathetic to that.''

A motion that argues that Greene filed for bankruptcy in "bad faith" to get out of paying rent and taxes is slated for Aug. 2. Background here.

Greene has refused to make public his income tax returns, like the other major Senate candidates, and has postponed filing a personal financial disclosure form until Friday.

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