This is what Mayor Ravenstahl has been shrieking about as the end of the world?This is the ethical landscape at the intersection of Pittsburgh and the parking pirates -- an "advisor" charging the rubes on Grant Street to vouch for that advisor's business partner -- even before the public discovers where the List-Makers fit in? (The prospective privateer calls the List-Makers' cut "community relations and involvement.")
Pittsburgh City Council members have found one more reason to ditch the Great InsolvenCity Parking Garage Sale: Merely by avoiding a sale, they would save the city $8-$10 million in privateering fees.
Councilors also have encountered one more point regarding which they require independent legal advice: the conflicts of interest associated with the relationships among the privateers, the city's advisors, the mayor's office, the city law department, and the mayor's playmates.
2 comments:
From what I have witnessed, JP Morgan and ethics are polar opposites.
But, but, but.. If the lease deal fails, then how is the City (Ravenstahl AND Council members) going to find another $80-$120M slush fund any time soon? You KNOW they're frothing big time at the pet projects/favors that can be funded with that much money. They're politicians.. they're Democrats, for God's sake! They can't help themselves.
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