Tuesday, May 26, 2009

Ament Vindicated?

Is he right?

F. Thomas Ament, the Milwaukee County executive run out of office after approving the wildly lucrative 2000 pension deal, is declaring himself vindicated, now that former county financial adviser Mercer Inc. has paid $45 million to settle malpractice claims by the county.

The onetime king of the courthouse is not even ruling out a comeback, though he said family and friends wanted him to stay out of politics.

In an interview in his attorney’s office, Ament insisted that Mercer - not he or his administration or the County Board - deserves most, if not all, of the blame for approval of a pension package whose costs were drastically undersold.

I don’t think so.

(3) Comments
Posted by Owen at 0641 hrs
Politics + Politics - Wisconsin

  1. This guy is an idiot.  One of the few times the public got it right.  And quickly.

    In that article he hems and haws about how he really didn’t know how much he’d get personally.  Then talks about how he didn’t think it would be so bad for long-time employees to get “extra” benefits. 

    The kicker is when he says that Gary Dobbert was always coming up with ways to get extra benefits “at no cost” so this didn’t seem out of line to him (Ament).  How do you give away tens of millions of new benefits at no extra cost?

    Posted by .(JavaScript must be enabled to view this email address) on May 26, 2009 at 0734 hrs


  2. Mercer is but a patsy.  Ament and the County Board knew exactly what they were doing, at least to their own pensions.

    Posted by steveegg on May 26, 2009 at 0916 hrs


  3. “I’m shocked, shocked to find that gambling is going on in here!”

    Posted by .(JavaScript must be enabled to view this email address) on May 26, 2009 at 0919 hrs


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