Heart Happy (cathy_edgett) wrote,
Heart Happy
cathy_edgett

CA gubernatorial race -



Meg Whitman has now spent a record-smashing $71 million of her own money to win the June primary and promote herself as a political outsider from the corporate world and yet if one looks at her resume ....

Here is one excerpt from Wikipedia:  

She was appointed to the board of Goldman Sachs in October, 2001 and then resigned in December 2002, amidst controversy that she allegedly had received shares in several public offerings managed by Goldman Sachs. Whitman earned approximately $1.78 million resulting from a practice known as spinning (IPO) whereby executives who did business with Goldman Sachs could reap profits by getting early deals before the public on hot IPOs offered by the bank. Whitman's net worth is US$1.4 billion.

She is running on fiscal responsibility.  I wonder how a woman of her wealth can understand running a state that does not have the lee-way to throw money away on something fun and entertaining to do now.   
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