BY DAN
KENNEDY
Serving the reality-based community since 2002.
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Tuesday, August 19, 2003
More questions than answers.
But what great questions! Frank
Phillips reports in the
Globe today that Governor Mitt Romney may have profited from a
dubious stock deal.
Follow the bouncing wad of cash: a
Lehman Brothers analyst was pressured into giving a higher
recommendation to a stock than it deserved. The company that issued
the stock, DDi Corporation, was backed by Bain, Romney's
venture-capital firm. Romney himself invested in DDi. Romney bailed
in May 2001, selling his shares for $4.1 million. The stock collapsed
shortly thereafter.
There are many, many questions that
need to be asked, but the big one is the classic. What did Romney
know and when did he know it?
And, of course, what will
Ben
say about all this?
Elevating us all. Okay, one
doesn't turn to the Herald expecting a surfeit of political
correctness. But, really, now. Today the paper follows up
yesterday's
Globe story on a
mentally ill man who gouged out his own eyes. The Herald's
charming
headline: "Eye-Plucker Was
in Mass. for Care."
posted at 10:36 AM |
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Dan Kennedy is senior writer and media critic for the Boston Phoenix.
