Thursday, May 14, 2009

When I think competence...

I think Lehman Brothers. But I think it sarcastically.

Mayor Mike apparently lacks my well-developed sense of humor. Or perhaps I lack his. Either way, he appointed a former Lehman Brothers exec as head of the NYC Housing Authority, which is responsible for housing nearly half a million New Yorkers. Seriously, this isn't a bad joke.

Meet John B. Rhea:

A graduate of Wesleyan University who also holds a Masters of Business Administration from the Harvard Business School, Chairman Rhea began his career in the Fixed Income Division of PaineWebber Inc. He most recently served as Managing Director and Co-Head of Global Consumer/Retail Group at Barclays Capital (formerly Lehman Brothers) managing strategy and budget for one of the largest industry sector teams in investment banking.
Imagine the balls it takes to put the fact that you managed the budget - any budget! - at Lehman Bros. on your resume. Then imagine the balls it takes to hire that guy.

Sad thing is we're pretty much stuck with Bloomy for another four years since he bludgeoned term limits to death with the rod of unyielding hubris. Only way he loses is if Bill Clinton runs for mayor.

Anyone wanna start DraftBubbaNYC.org?

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