21 April 2010

LADWP's new head

The Daily News is annoyed that the mayor has appointed his friend as the temporary head of LADWP. I agree. LA doesn't need more cronyism.

They are surprised that the new head is a Wall Street financier, not an engineer. That does NOT surprise me.

They worry that he will not be qualified to carry forward LADWP's green programs. Oh, no, that's no accident.

I left this comment:
LADWP is ALL ABOUT money, and it's more important to maintain a good bond rating than good service. And green energy? That's the biggest growth area for financial engineers these days.
Let's see what happens...

1 comment:

  1. DW say: Too bad. I was hoping they would keep David Freeman on at LADAP permanently. He shakes up every place
    he goes.


Spam will be deleted. If you're having problems posting, email your comment to me