My favorite quote in the story is from councilman Greig Smith, who says: “We’re selling property at the bottom of the market; what a stupid idea. If we were stockbrokers, we’d be in jail with Bernie Madoff. This is fool’s gold.”
How can we get that guy to join our city council?
In his attempt to find someone (anyone) to say something (anything) complimentary about the way Mayor Daley runs city finances, reporter Phil Willon turns to Dana Levenson, the mayor’s former chief financial officer. If there are any readers in L.A. interested in an alternative to the Daley/Levenson’s world view, here you go.