It's an old article that's linked below, but I still can't get over the irony of Kasich's Lehman Brothers work, his scapegoating of firemen, teachers, & police for the economic problems we find ourselves in, and his advocacy for "merit pay". Here's a man who worked as a managing director for an investment company whose bankruptcy was the largest in U.S. history. Lehman's sleazy practices and subsequent failure played a big role in the recent financial crisis. Was Governor Kasich involved in these unethical practices that helped tank the global economy? Probably not. But he did try to persuade the Ohio Police & Fire Pension Fund and the Ohio Public Employees Retirement System to invest with Lehman. Both purchased funds from Lehman, although the governor's efforts may not have played a role in the purchases, they lost hundreds of millions. The governor is now blaming the pension systems of these same "greedy" firemen, policemen, public employees, and teachers for the state's economic woes. That takes chutzpah. Was his multimillion dollar salary some form of merit pay?
http://www.dispatchpolitics.com/live/content/local_news/stories/2010/05/12/copy/candidate-connected-pensions-lehman.html?sid=101
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