Monday, February 16, 2009
Politics / Woods Did He Or Didn't He? Harold Ford and those Merrill Lynch Bonuses
Posted by Jeff Woods on Mon, Feb 16, 2009 at 5:10 AM
Several Tennesseans familiar with Harold Ford's activities at Merrill Lynch professed no doubt that Ford was among the beneficiaries of the bonus payout and little doubt, for that matter, that he was among those receiving relatively substantial sums.At some point, Cuomo's list will be made public. Presumably, Ford's name, with a dollar figure attached to it, will be on it. From a political point of view, one question would be: What might the effect of this disclosure be on an electorate that is patently growing more and more out of sorts with what it sees as an out-of-control wildly self-aggrandizing financial industry?
The issue is a much larger one than the political future of Harold Ford Jr., still a potential superstar in the political arena, but the charismatic former congressman from Memphis undoubtedly has much at stake in the potential fallout.
Addendum: As Baker points out in a later post, Ford's people are now denying he took any bonuses. In a post speculating on whether Ford might be in the running for Commerce secretary, MSNBC's Chuck Todd says that's what Ford's folks are telling him: "Bottom line: no one close to Ford believes he has a Merrill problem."
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