Tuesday, April 20, 2010

Being Meg Whitman

Eight years ago Meg Whitman was accused of defrauding ebay shareholders when she was accused of being bribed by Goldman Sachs to favor this Wall Street investment firm as she sat on its board. Whitman did not admit guilt but settled by paying a measly $395,000-dollar fine. She was released from Goldman's board summarily, probably merely for the sake of appearances. Goldman has long prided itself publicly on being above board; what happens privately is being investigated yet again. As with the SEC case against Goldman which charges the firm with defrauding shareholders, naming and implicating the former Treasury Secretary, Henry Paulson, ebay shareholders were apparently screwed too. Goldman Sachs will probably pay a fine and Meg Whitman will probably become the governor of California. How sick is that? Many of these people need to be charged criminally and go straight to jail. We need financial reform now!

9 comments:

Big Mark 243 said...

When you get to make the rules and change the game, you are allowed to do things like Meg, be a disgrace yet campaign on the ability to enact financial discipline.

Judith Ellis said...

Ugh! This has to change, Mark. Financial reform has to matter and the culture has to reject these kinds of candidates. I assume that since California is in such a financial mess Whitman may win for her business acumen alone.

JOHN O'LEARY said...

Last I heard Meg is leading Jerry Brown in that race. Brown was guv when I lived there. Very environmentally savvy fellow at the time. I'd vote for him again if I lived there.

Judith Ellis said...

Yeah, John, I heard that Whitman was leading. Ugh!

Judith Ellis said...

Whitman is probably in line for 2012 in that case too for president or vice-president. Double UGH!

Michelle said...

Actually, Rasmussen has a poll from April 19 that now has Brown up 6 points against NutMeg.

http://www.pcl.org/resourcecenter/waterbond.html

Anonymous said...

Sorry, posted wrong link above. Here's the one I was trying for:

http://www.rasmussenreports.com/public_content/politics/elections2/election_2010/election_2010_governor_elections/california/toplines/toplines_2010_california_governor_april_19_2010

Judith Ellis said...

Hmm? Rasmussen? I don't believe anything that pollster reports after being a paid consultant for the last administration. They are clearly biased. Is that 6 percent Brown advantage to keep the Democrats home? I would not trust that poll if you paid me. Sorry.

Judith Ellis said...

Of course, payment would defeat the purpose. :-) Thanks for stopping through.