It's All Greek To Harry

Picking up where we left off yesterday, we find GOP state comptroller-candidate Harry Wilson qualifying more on the fiscal genius and ethical superiority he gleaned while working on Wall Street--even though he's not really sure what the state comptroller does. 

Harry next writes on his website:

"Harry spent a significant portion of his career working with, investing in or acquiring and restructuring distressed companies"

Maybe he was doing some hedge fund work with Stuyvesant Town and Peter Cooper. Or maybe helping out with Blackstone's California pension project:

Blackstone Group LP, the world’s largest private equity firm, is challenging a California Public Employees’ Retirement System proposal to prohibit money managers from dangling contingency fees in front of middlemen who help win pension fund contracts.

Sure like to see Harry explain that one, huh?

Then there's this gem of irony:

"New York, the land of opportunity to which my mother and my father’s parents moved from Greece, is slowly dying." 

This guy's too much, isn't he?  But maybe Harry should consider this line instead: "Greece, the land of my parents, is quickly dying at the hands of my ex-employer:"

Goldman Sachs is heading for further public opprobrium today following claims that the firm managed $15 billion worth of bond sales for Greece after arranging a currency swap that allowed the government to hide the extent of its budget deficit.

Nice work! Harry and his boys got the Greeks coming and going. Pretty hard to do. Hopefully these guys at least left a couple of (devalued) drachmas as a tip.

You think Harry still really believes that working a bond desk at Goldman is as civically virtuous as being a teacher or an engineer or a nurse?

Probably.

Finally, here's Harry on how he'll "Fix New York:"

State spending is out of control and the poor decisions coming out of Albany are having disastrous effects on New Yorkers.  The first step is to figure out which programs work, and which do not.  As Comptroller, I will aggressively attack the culture of spending in Albany.  Every tax dollar that Albany takes is someone’s hard earned money – it is critical that those dollars are being used effectively.

You got all that?  I hope so because that all he's got--one paragraph. At his next press conference somebody ought to ask him what a dry appropriation is, or the revenue streams of the MTA, or how the state's gross receipts tax works. (I can guarantee a glazed look from Harry on the latter--assuming he doesn't read this blog post and do his undone due diligence).

Stay tuned.



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