Whitman's ties to Goldman Sachs won't go away

[Ernesto]

....While Congress ripped into investment giant Goldman Sachs executives on Tuesday, the scandal threatened to tear the scab off a political wound in the California governor's race.

Republican front-runner Meg Whitman tried again to put her prior relationship with the bank behind her, telling the Associated Press she regrets taking part in a now-banned stock sale practice involving the firm and that she left its board after 15 months because it "wasn't a good fit."......


http://www.sacbee.com/2010/04/28/2710794/whitmans-ties-to-goldman-sachs.html

[Bluenorthwest]

1. Not a good fit for California either

[DesertDiamond]

2. Sure she regrets it. Now that she's been caught.

[Brother Buzz]

3. "Does she regret it because it was wrong or because it's become an issue in her race for governor?"

My buddy, Jerry Brown, cuts right to the chase.

[pinboy3niner]

4. Another good column on Meg's spinning scandal:

From the Los Angeles Times:

Meg Whitman has her own definition of 'the right thing'

The gubernatorial candidate dismisses her preferential treatment in Goldman Sachs IPOs early in the decade as 'nothing illegal' at the time and 'very old' news. It's newly relevant now.

Michael Hiltzik
8:00 PM PDT, April 24, 2010


Meg Whitman says she lives by the principle of doing the right thing. It's there in the very first line of her autobiography.

"What is the right thing to do here?" she recalls challenging her underlings at EBay, where she was chief executive, after some troubling issue of customer service had arisen.

I've been trying to reconcile that principle with her actions in what's become known as her "spinning" scandal.

Eight years ago, it came out that Whitman was among an elite group of favored executives who had accepted preferential stock deals from Goldman Sachs while it was seeking business from their companies.

MORE: latimes.com/business/la-fi-hiltzik-20100425,0,639055.column