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This page contains a single entry from the blog posted on May 22, 2012 1:51 PM. The previous post in this blog was Train kept a-rollin'. The next post in this blog is Dustup at 33rd and Broadway. Many more can be found on the main index page or by looking through the archives.

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Tuesday, May 22, 2012

More turnover in Portland City Hall money ranks

The City of Portland has a new treasurer. A Goldman Sachs alum, of course. It's interesting -- the city's treasurer, chief administrative officer, and debt manager have all left within the last 14 months. And the chief financial officer bailed just over two years ago.

Maybe they know something that we don't.

Comments (10)

We can only 'suspect.'

I have a hard time imaging devoting myself every day to a broken city government such as Portland's. I honestly don't get why we have people interested in running for mayor or city council.

I didn't know people that worked for GS took the bus. I guess we will see in 223 days and 10 hours.

It's not broken until somebody finds out. It's Government's job (and Tri-Met's/PDC's/PPBs) to make it hard for anybody to find out.

Wouldn't it be cheaper if we just paid Goldman Sachs directly, and skip the middleman?

In the spirit of Jay Ward, the most playful satirist ever:

Welcome to Shangrila
http://www.youtube.com/watch?v=pFRW_yqsFHU

Or,

The Richest Man in Babylon
http://www.youtube.com/watch?v=rmWGaKgXnHM

Amazing, Jack, isn't it? It's remarkably similar to the number of execs at a big company that suddenly collect big bonuses just before two-thirds of the employees are laid off. And with the new replacements, it's like one big game of musical chairs: who will be able to walk off with the most money before the election or before the FBI investigations?

She actually was kicking around COP (OK, poor choice of words) for several months, perhaps even a year, before landing this job. And, marrying an employee in the City's SAP office a few months ago. Guess OMF just needed to find a job for her.

Considering how often the City of Portland seems to get outsmarted by Wall Street bankers, maybe hiring a former Goldman Sachs employee with a Wharton MBA is a good idea.

Whispered the fox to the rooster.

From Linked-In

Principal Management Analyst, Management Services Division at Portland Fire & Rescue, City of Portland
Office of Management and Finance, Business Operations -- Senior Financial Analyst at City of Portland
Citizen Representative, Budget Advisory Committee at Portland Fire & Rescue

Board Member at Northwest Pilot Project
Executive Director at Portland Affordable Housing Preservation Trust
Vice-President Capital Markets at Wilshire Financial Services Group
Deputy Superintendent at New York State Insurance Department
Director of Policy at New York State Banking Department

I'm only surprised she hasn't scrubbed "Wilshire Financial Services Group" from the C.V. That's not something to brag about in P-town.

It also appears that she's job-hopped quite a bit. Wonder why?




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