Detail, east Portland photo, courtesy Miles Hochstein / Portland Ground.

For old times' sake
The bojack bumper sticker -- only $1.50!

To order, click here.

Excellent tunes -- free! And on your browser right now. Just click on Radio Bojack!

E-mail us here.


This page contains a single entry from the blog posted on January 22, 2005 2:08 PM. The previous post in this blog was Go Potter go!. The next post in this blog is Suits him to a T. Many more can be found on the main index page or by looking through the archives.



Law and Taxation
How Appealing
TaxProf Blog
Mauled Again
Tax Appellate Blog
A Taxing Matter
Josh Marquis
Native America, Discovered and Conquered
The Yin Blog
Ernie the Attorney
Above the Law
The Volokh Conspiracy
Going Concern
Bag and Baggage
Wealth Strategies Journal
Jim Hamilton's World of Securities Regulation
World of Work
The Faculty Lounge
Lowering the Bar
OrCon Law

Hap'nin' Guys
Tony Pierce
Parkway Rest Stop
Along the Gradyent
Dwight Jaynes
Bob Borden
Dingleberry Gazette
The Red Electric
Iced Borscht
Jeremy Blachman
Dean's Rhetorical Flourish
Straight White Guy
As Time Goes By
Dave Wagner
Jeff Selis
Alas, a Blog
Scott Hendison
The View Through the Windshield
Appliance Blog
The Bleat

Hap'nin' Gals
My Whim is Law
Lelo in Nopo
Attorney at Large
Linda Kruschke
The Non-Consumer Advocate
10 Steps to Finding Your Happy Place
A Pig of Success
Attorney at Large
Margaret and Helen
Kimberlee Jaynes
Cornelia Seigneur
And Sew It Goes
Mile 73
Rainy Day Thoughts
That Black Girl
Posie Gets Cozy
Cat Eyes
Rhi in Pink
Ragwaters, Bitters, and Blue Ruin
Rose City Journal
Type Like the Wind

Portland and Oregon
Isaac Laquedem
Rantings of a [Censored] Bus Driver
Jeff Mapes
Vintage Portland
The Portlander
South Waterfront
Amanda Fritz
O City Hall Reporters
Guilty Carnivore
Old Town by Larry Norton
The Alaunt
Bend Blogs
Lost Oregon
Cafe Unknown
Tin Zeroes
David's Oregon Picayune
Mark Nelsen's Weather Blog
Travel Oregon Blog
Portland Daily Photo
Portland Building Ads
Portland Food and
Dave Knows Portland
Idaho's Portugal
Alameda Old House History
MLK in Motion

Retired from Blogging
Various Observations...
The Daily E-Mail
Saving James
Portland Freelancer
Furious Nads (b!X)
Izzle Pfaff
The Grich
Kevin Allman
AboutItAll - Oregon
Lost in the Details
Worldwide Pablo
Tales from the Stump
Whitman Boys
Two Pennies
This Stony Planet
1221 SW 4th
I am a Fish
Here Today
What If...?
Superinky Fixations
The Rural Bus Route
Another Blogger
Mikeyman's Computer Treehouse
Portland Housing Blog

Wonderfully Wacky
Dave Barry
Borowitz Report
Stuff White People Like
Worst of the Web

Valuable Time-Wasters
My Gallery of Jacks
Litterbox, On the Prowl
Litterbox, Bag of Bones
Litterbox, Scratch
Ride That Donkey
Singin' Horses
Rally Monkey
Simon Swears
Strong Bad's E-mail

Oregon News
The Oregonian
Portland Tribune
Willamette Week
The Sentinel
Southeast Examiner
Northwest Examiner
Sellwood Bee
Mid-County Memo
Vancouver Voice
Eugene Register-Guard
OPB - Portland
Salem Statesman-Journal
Oregon Capitol News
Portland Business Journal
Daily Journal of Commerce
Oregon Business
Portland Info Net
McMinnville News Register
Lake Oswego Review
The Daily Astorian
Bend Bulletin
Corvallis Gazette-Times
Roseburg News-Review
Medford Mail-Tribune
Ashland Daily Tidings
Newport News-Times
Albany Democrat-Herald
The Eugene Weekly
Portland IndyMedia
The Columbian

The Beatles
Bruce Springsteen
Joni Mitchell
Ella Fitzgerald
Steve Earle
Joe Ely
Stevie Wonder
Lou Rawls

E-mail, Feeds, 'n' Stuff

Saturday, January 22, 2005

Weekend update

We would be remiss if we neglected to mention here that the Oregon attorney general's office released a report yesterday clearing Diana Goldschmidt of any charges of illegal conduct arising from her Oct. 29, 2003 vote, as a member of the Oregon Investment Council, to invest OIC funds in Texas Pacific. The day after that vote, her husband, the now-disgraced former governor, Neil Goldschmidt, was offered a position as a key director of the Texas Pacific company that would attempt to buy Portland General Electric.

The report concludes, after an extensive investigation by the a.g.'s office (apparently with the help of University of Oregon law professor Ted McAniff), that no evidence exists that Mrs. G. knew even of the imminent Texas Pacific offer for PGE, much less her husband's role in it, when she cast her vote on the OIC board that fateful day. The Goldschmidts' story, which was corroborated by the investigation, is that Mr. G. first heard of the Texas Pacific bid later on the day of the OIC vote, and that he told his spouse about it at that time. Although people in the Oregon Treasury Department had known of the potential Texas Pacific bid since weeks earlier, and although Texas Pacific executives had been talking about making Mr. G. a partner in the PGE deal as early as September 4, the evidence shows that it was kept a secret from the Goldschmidts until later the same day that the OIC vote went down. They both said they were surprised.

At that point, Neil ran from the book depository into a movie theater, where he shot a police officer before being arrested. Two days later, he was murdered by Jack Ruby.... o.k., only kidding about that last part.

In any event, the state investigation is over, and the Goldschmidts are in the clear about the OIC vote. As you might expect, this was all over the front page of the O today. When people get cleared, they're right on it.

It's also interesting to me how the Oregon Department of Justice presented its findings on this case to the world. It wrote up a detailed, 13-page report, placed it on the internet, and made the story the lead headline on the departmental web page. That's certainly not what it does down there with most criminal investigations that come up with nothing. They're getting maximum mileage out of this particular exoneration.

The timing and handling of this development signals to me more than anything that the Texas Pacific deal is going to be approved by the PUC soon. I'm laying 2-to-1 odds now in its favor. Then I guess the City of Portland will join the power-to-the-people folks in filing some court appeals, and likely even try to condemn PGE, all of which is going to cost us Portland taxpayers more millions. (I'm sure we're already well over a million dollars in city funds spent on this adventure.) The thing will be tied up in court for years.

I don't know which is worse: if the city blows all that money and effort and loses to the robber barons... or if it wins.

Maybe that's the real crime.

Comments (16)

Well, Jack, you still aren't admitting that you were wrong to accuse Diana Goldschmidt of wrongdoing. Say it: You were WRONG. You are much better at throwing out accusations than substantiating them. It is mind-boggling that you never stopped to consider that Diana Goldschmidt had no incentive to sacrifice her career and her integrity by voting in favor of the TPG investment because it was a UNANIMOUS vote. Even if you unfairly jump to the conclusion that she is unethical (simply because you don't like her husband) you can't believe that she is stupid. If she had known that TPG was going to approach Neil then she would have just abstained from the vote and saved herself the criticisms of folks like you. I don't think it is a coinky-dink that no one ever thought to investigate this until after the Neil Goldschmidt scandal broke. And I'll pass on offering up my true email address ... I don't need you or any of your cronies harassing me.

Well, then, my friend, you are done here. Give my love to Neil. You probably owe him something monetary. Most of his defenders do.

"Even if you unfairly jump to the conclusion that she is unethical (simply because you don't like her husband) you can't believe that she is stupid."

You don't have to believe someone is stupid to do stupid things. (Name "Clinton" ring any bells?) Arrogance is one excuse, or the blinding lights in front or corruptions in back of power.

But as Mr. Bogdanski said, the lose-lose for Portland is the real crime.

I never thought Diana Goldschmidt did anything unethical while she was on the Oregon Investment Council. As John points out, there was no reason for her to. They didn't need her vote and had there been an undisclosed relationship between her husband and TPG at the time of the vote, she is smart enough and experienced enough to have realized she was inviting exactly the kind of criticism and scrutiny that in fact came her way.

Where I think she showed poor judgment was in not accepting the governor's invitation to resign and instead forcing him to fire her. She could have continued to insist she did nothing wrong but admitted that the timing of events cast an understandable albeit unwarranted cloud over her continued partipation and therefore, for the good of the OIC and out of respect for the governor, she was tendering her resignation.

But then it's always easier to be objective when the public spotlight is on someone else.

The circumstantial evidence that the couple knew ahead of time was very strong. It still is -- it's just been outweighed by direct evidence to the contrary. I'm sure our buddies at the Willamette Week will try their best to blow holes in the a.g.'s report. If they can't, I'm willing to accept the official version of this particular set of events as amazing but true. There are still plenty of other reasons to welcome an end to the extreme undue influence that these folks have enjoyed until recently. And if they think they're going to regain their influence by portraying themselves as victims, they're not as smart as I thought they were.

I want the records of the Executive Sessions of the OIC and the PERB opened up and laid out on the table. The criminality, or propriety, of the investment of 300 million versus 200 million might hinge on the advice given by the Attorney General. Have we allowed the fox to investigate himself?

Oh come on- what are the chances Neil didn't clue her in?? I'd say little to none.

Remember, Neil's position is that TPC didn't offer him the position on the Oregon Electric Company board until after the OIC approved their loan. It's not unreasonable to assume they didn't talk to him about it before precisely because they didn't want to disqualify Diane from voting on the loan or otherwise complicate an approval they had every reason to believe they were going to get anyway.

One of the things people too often fail to realize about these kind of transactions is that they rarely need to have a quid pro quo or backroom deal. They went to Neil because they aren't stupid and because anyone who wants to get things done in Portland eventually goes to Neil. (Only time will tell whether I should have put that in the past tense.)

Jerry Grinstein knew they were going to offer a piece of the deal to Neil, but nobody clued Neil in for weeks? That's the official story. "Incredible but true." Whether Mr. G. told Mrs. G. is a separate question, but the proposition that no one mentioned the news to him is a hard sell.

I believe some members and staff of the OIC have admitted they knew that TPG was planning to make an offer to purchase PGE, not that TPG was going to offer a position to Neil.

If any members or staff of the OIC knew that Neil had an interest in the transaction, then they should have raised a question about the propriety of Diana's participation in the vote. No one did.

Hmmm. You are correct. Nothing in the report about Drummond knowing about the potential NG involvement pre-Oct. 29. But Grinstein knew about the potential NG connection by Sep. 4; and Drummond, Schmitz, Edwards and Haglund knew about a potential Texas-PGE deal by late August. "None of them said anything to Neil for two months, and Neil didn't hear about it from anywhere else, either."

Hey, if they didn't need Mrs G's vote, then why not play like Caesar's wife and recuse herself? Or better yet, on that romantic evening with Neil when he told her he had a new job, then let the rest of us know since there might be a small chance of some self-dealing going on with the OIC if she is such a virtuous woman.

This whole thing stinks with the amount of hubris that Mr/Mrs G think they can get away with. I mean the coincidences are amazing how nobody knew anything until after the fact and we are supposed to accept this like the sheeple we are?

Heck, Neil's company is still having regular contact with Teddy K. As far as Mr Roberts, I don't know what he gets out of defending these rats. This is almost single-handedly pushing me into the PUC camp.

"As far as Mr Roberts, I don't know what he gets out of defending these rats. This is almost single-handedly pushing me into the PUC camp."

I expect he just tries to stay an honest player. Always lonely and sometimes appreciated only by those whose side you'd rather not be on.

The logic Jack Roberts described in his 6:37 comment makes sense to me: that TPG knew that it would offer a position to Uncle Neil but did not approach him in order not to force Diana Goldschmidt to recuse herself from the OIC vote. It's also easy to imagine TPG thinking that it should offer a portion of the deal to Uncle Neil, not to grease the skids at OIC, but to perhaps make things easier at the PUC and later, after the purchase, with the City of Portland. TPG might reasonably think that if it bought PGE when the City wanted it also, the City would not be the most cooperative municipality when PGE needed things done, and that Uncle Neil could smooth things over quickly. Mr. Roberts didn't say so explicitly, but I imagine based on his comment that he would agree.

Isaac, while obviously speculative, the scenario you outlined makes a lot more sense than that Diana Goldschmidt risked her reputation and credibility to cast a vote she didn't need to cast on the OIC.

On the other hand, see this week's Willamette Week story for another take on this that raises reasonable concerns about Mrs. G's post-vote conduct.


As a lawyer/blogger, I get
to be a member of:

In Vino Veritas

Lange, Pinot Gris 2015
Kiona, Lemberger 2014
Willamette Valley, Pinot Gris 2015
Aix, Rosé de Provence 2016
Marchigüe, Cabernet 2013
Inazío Irruzola, Getariako Txakolina Rosé 2015
Maso Canali, Pinot Grigio 2015
Campo Viejo, Rioja Reserva 2011
Kirkland, Côtes de Provence Rosé 2016
Cantele, Salice Salentino Reserva 2013
Whispering Angel, Côtes de Provence Rosé 2013
Avissi, Prosecco
Cleto Charli, Lambrusco di Sorbara Secco, Vecchia Modena
Pique Poul, Rosé 2016
Edmunds St. John, Bone-Jolly Rosé 2016
Stoller, Pinot Noir Rosé 2016
Chehalem, Inox Chardonnay 2015
The Four Graces, Pinot Gris 2015
Gascón, Colosal Red 2013
Cardwell Hill, Pinot Gris 2015
L'Ecole No. 41, Merlot 2013
Della Terra, Anonymus
Willamette Valley, Dijon Clone Chardonnay 2013
Wraith, Cabernet, Eidolon Estate 2012
Januik, Red 2015
Tomassi, Valpolicella, Rafaél, 2014
Sharecropper's Pinot Noir 2013
Helix, Pomatia Red Blend 2013
La Espera, Cabernet 2011
Campo Viejo, Rioja Reserva 2011
Villa Antinori, Toscana 2013
Locations, Spanish Red Wine
Locations, Argentinian Red Wine
La Antigua Clásico, Rioja 2011
Shatter, Grenache, Maury 2012
Argyle, Vintage Brut 2011
Abacela, Vintner's Blend #16 Abacela, Fiesta Tempranillo 2014
Benton Hill, Pinot Gris 2015
Primarius, Pinot Gris 2015
Januik, Merlot 2013
Napa Cellars, Cabernet 2013
J. Bookwalter, Protagonist 2012
LAN, Rioja Edicion Limitada 2011
Beaulieu, Cabernet, Rutherford 2009
Denada Cellars, Cabernet, Maipo Valley 2014
Marchigüe, Cabernet, Colchagua Valley 2013
Oberon, Cabernet 2014
Hedges, Red Mountain 2012
Balboa, Rose of Grenache 2015
Ontañón, Rioja Reserva 2015
Three Horse Ranch, Pinot Gris 2014
Archery Summit, Vireton Pinot Gris 2014
Nelms Road, Merlot 2013
Chateau Ste. Michelle, Pinot Gris 2014
Conn Creek, Cabernet, Napa 2012
Conn Creek, Cabernet, Napa 2013
Villa Maria, Sauvignon Blanc 2015
G3, Cabernet 2013
Chateau Smith, Cabernet, Washington State 2014
Abacela, Vintner's Blend #16
Willamette Valley, Rose of Pinot Noir, Whole Clusters 2015
Albero, Bobal Rose 2015
Ca' del Baio Barbaresco Valgrande 2012
Goodfellow, Reserve Pinot Gris, Clover 2014
Lugana, San Benedetto 2014
Wente, Cabernet, Charles Wetmore 2011
La Espera, Cabernet 2011
King Estate, Pinot Gris 2015
Adelsheim, Pinot Gris 2015
Trader Joe's, Pinot Gris, Willamette Valley 2015
La Vite Lucente, Toscana Red 2013
St. Francis, Cabernet, Sonoma 2013
Kendall-Jackson, Pinot Noir, California 2013
Beaulieu, Cabernet, Napa Valley 2013
Erath, Pinot Noir, Estate Selection 2012
Abbot's Table, Columbia Valley 2014
Intrinsic, Cabernet 2014
Oyster Bay, Pinot Noir 2010
Occhipinti, SP68 Bianco 2014
Layer Cake, Shiraz 2013
Desert Wind, Ruah 2011
WillaKenzie, Pinot Gris 2014
Abacela, Fiesta Tempranillo 2013
Des Amis, Rose 2014
Dunham, Trautina 2012
RoxyAnn, Claret 2012
Del Ri, Claret 2012
Stoppa, Emilia, Red 2004
Primarius, Pinot Noir 2013
Domaines Bunan, Bandol Rose 2015
Albero, Bobal Rose 2015
Deer Creek, Pinot Gris 2015
Beaulieu, Rutherford Cabernet 2013
Archery Summit, Vireton Pinot Gris 2014
King Estate, Pinot Gris, Backbone 2014
Oberon, Napa Cabernet 2013
Apaltagua, Envero Carmenere Gran Reserva 2013
Chateau des Arnauds, Cuvee des Capucins 2012
Nine Hats, Red 2013
Benziger, Cabernet, Sonoma 2012
Roxy Ann, Claret 2012
Januik, Merlot 2012
Conundrum, White 2013
St. Francis, Sonoma Cabernet 2012

The Occasional Book

Marc Maron - Waiting for the Punch
Phil Stanford - Rose City Vice
Kenneth R. Feinberg - What is Life Worth?
Kent Haruf - Our Souls at Night
Peter Carey - True History of the Kelly Gang
Suzanne Collins - The Hunger Games
Amy Stewart - Girl Waits With Gun
Philip Roth - The Plot Against America
Norm Macdonald - Based on a True Story
Christopher Buckley - Boomsday
Ryan Holiday - The Obstacle is the Way
Ruth Sepetys - Between Shades of Gray
Richard Adams - Watership Down
Claire Vaye Watkins - Gold Fame Citrus
Markus Zusak - I am the Messenger
Anthony Doerr - All the Light We Cannot See
James Joyce - Dubliners
Cheryl Strayed - Torch
William Golding - Lord of the Flies
Saul Bellow - Mister Sammler's Planet
Phil Stanford - White House Call Girl
John Kaplan & Jon R. Waltz - The Trial of Jack Ruby
Kent Haruf - Eventide
David Halberstam - Summer of '49
Norman Mailer - The Naked and the Dead
Maria Dermoȗt - The Ten Thousand Things
William Faulkner - As I Lay Dying
Markus Zusak - The Book Thief
Christopher Buckley - Thank You for Smoking
William Shakespeare - Othello
Joseph Conrad - Heart of Darkness
Bill Bryson - A Short History of Nearly Everything
Cheryl Strayed - Tiny Beautiful Things
Sara Varon - Bake Sale
Stephen King - 11/22/63
Paul Goldstein - Errors and Omissions
Mark Twain - A Connecticut Yankee in King Arthur's Court
Steve Martin - Born Standing Up: A Comic's Life
Beverly Cleary - A Girl from Yamhill, a Memoir
Kent Haruf - Plainsong
Hope Larson - A Wrinkle in Time, the Graphic Novel
Rudyard Kipling - Kim
Peter Ames Carlin - Bruce
Fran Cannon Slayton - When the Whistle Blows
Neil Young - Waging Heavy Peace
Mark Bego - Aretha Franklin, the Queen of Soul (2012 ed.)
Jenny Lawson - Let's Pretend This Never Happened
J.D. Salinger - Franny and Zooey
Charles Dickens - A Christmas Carol
Timothy Egan - The Big Burn
Deborah Eisenberg - Transactions in a Foreign Currency
Kurt Vonnegut Jr. - Slaughterhouse Five
Kathryn Lance - Pandora's Genes
Cheryl Strayed - Wild
Fyodor Dostoyevsky - The Brothers Karamazov
Jack London - The House of Pride, and Other Tales of Hawaii
Jack Walker - The Extraordinary Rendition of Vincent Dellamaria
Colum McCann - Let the Great World Spin
Niccolò Machiavelli - The Prince
Harper Lee - To Kill a Mockingbird
Emma McLaughlin & Nicola Kraus - The Nanny Diaries
Brian Selznick - The Invention of Hugo Cabret
Sharon Creech - Walk Two Moons
Keith Richards - Life
F. Sionil Jose - Dusk
Natalie Babbitt - Tuck Everlasting
Justin Halpern - S#*t My Dad Says
Mark Herrmann - The Curmudgeon's Guide to Practicing Law
Barry Glassner - The Gospel of Food
Phil Stanford - The Peyton-Allan Files
Jesse Katz - The Opposite Field
Evelyn Waugh - Brideshead Revisited
J.K. Rowling - Harry Potter and the Sorcerer's Stone
David Sedaris - Holidays on Ice
Donald Miller - A Million Miles in a Thousand Years
Mitch Albom - Have a Little Faith
C.S. Lewis - The Magician's Nephew
F. Scott Fitzgerald - The Great Gatsby
William Shakespeare - A Midsummer Night's Dream
Ivan Doig - Bucking the Sun
Penda Diakité - I Lost My Tooth in Africa
Grace Lin - The Year of the Rat
Oscar Hijuelos - Mr. Ives' Christmas
Madeline L'Engle - A Wrinkle in Time
Steven Hart - The Last Three Miles
David Sedaris - Me Talk Pretty One Day
Karen Armstrong - The Spiral Staircase
Charles Larson - The Portland Murders
Adrian Wojnarowski - The Miracle of St. Anthony
William H. Colby - Long Goodbye
Steven D. Stark - Meet the Beatles
Phil Stanford - Portland Confidential
Rick Moody - Garden State
Jonathan Schwartz - All in Good Time
David Sedaris - Dress Your Family in Corduroy and Denim
Anthony Holden - Big Deal
Robert J. Spitzer - The Spirit of Leadership
James McManus - Positively Fifth Street
Jeff Noon - Vurt

Road Work

Miles run year to date: 5
At this date last year: 3
Total run in 2017: 113
In 2016: 155
In 2015: 271
In 2014: 401
In 2013: 257
In 2012: 129
In 2011: 113
In 2010: 125
In 2009: 67
In 2008: 28
In 2007: 113
In 2006: 100
In 2005: 149
In 2004: 204
In 2003: 269

Clicky Web Analytics