Sarah Palin is looking for business deals, according to her Linkedin profile:
Sarah Palin’s Contact Settings
- job inquiries
- expertise requests
- business deals
- reference requests
- getting back in touch
In addition to being a mayor and raising four children, Sarah Palin found time for another venture in her Wasilla years -- she was part-owner of an Anchorage car wash.
Palin and husband Todd each held a 20 percent stake in Anchorage Car Wash LLC, according to state corporation records filed in 2004.
A review of Palin's gubernatorial disclosure filings indicates that she failed to report her stake in the company on the form that requires candidates for governor to disclose any interest in a nonpublicly traded company.
A Feb. 11, 2007 letter to the governor's business partner advises that the car wash had "not filed its biennial report and/or paid its biennial fees," which were more than a year overdue.
The warning letter was written on state letterhead, which carried Palin's name at the top, next to the state seal.
On April 3, 2007, the state went further and issued a "certificate of involuntary dissolution" because of the car wash's failure to file its report and pay state licensing fees.
Another report elaborates a bit more on the business side of the venture:
Alaska Gov. Sarah Palin’s ownership in a carwash was nothing more than a real estate investment. Although she and her husband, Todd Palin, did hold a 40 percent stake in a company called Anchorage Car Wash LLC, the business never got off the ground, according to Carolin Wells, one of Palin’s partners in the aborted venture.
The irony of the warning letter to her own business being written on state letterhead is too delicious!
Sarah's other business venture never materialized either. Rouge Cou was just a name and remained as such. It indicates the quitter governor's lack of taste and finesse, plus her ignorance of the French language... (In order to read as Red Neck, it should have been Cou Rouge).
Politico quoted an ADN article:
Palin obtained a business license for marketing and consulting, saying that she wanted to line up her ducks if she chose to pursue it. “Asked about the business registered under her name, Palin said, ‘Rouge Cou, it’s a classy way of saying redneck. It’s a French word, rouge is red, cou is neck. It’s for marketing and consulting, in case I wanted to go that route, I’d have my ducks all lined up and have a business license. I just was granted that business license. … I would like to, with some of the endeavors that I have going on right now, there comes a time when one desires to be paid for them!’” [Anchorage Daily News, 6/8/05]
It seems the Palins are very good when it comes to real estate deals, but not so much when it involves actual business.