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David Malpass camp has "hissy fit" over YouTube video - Capitol Tonight
Capitol Tonight ^ | May 20, 2010 | Liz Benjamin

Posted on 05/20/2010 3:22:10 PM PDT by The Doctor

Hitting Malpass, Mysteriously (Updated)

A CapTon commenter posted a link to this video that attacks Republican US Senate hopeful David Malpass for his connection to Bear Sterns, one of the big Wall Street banks that received a taxpayer-funded bailout and has been the object of considerable populist-driven anger ever since.

It’s a pretty straightforward hit, except for the very end, where whoever made it has tacked on the memorable endorsement of Bruce Blakeman’s dog that was used in an ad for his master’s very short-lived 2009 NYC mayoral run. Blakeman is, of course, one of Malpass’ GOP primary opponents.

I checked with Blakeman’s campaign spokesman Craig Miller, who said the video was definitely not made by anyone connected to his candidate. He actually said he had neither heard of, nor seen, the spot until I mentioned it.

(For the record, the dog is a Jack Russell named Sophie).

Blakeman announced his intention to challenge Democratic Sen. Kirsten Gillibrand in January, making him the longest-running candidate in the field. He’s also the only contender to claim he has landed more than 25 percent of the weighted convention vote necessary to get onto the ballot, and today he announced the support of Rockland County GOP Chairman Vinnie Reda.

Former Rep. Joe DioGuardi is also in the race. He has the support of the Queens GOP. Malpass was endorsed last week by a slew of upstate county committees, including Wayne, Oneida and Essex.

(Note: The video that's causing such a hissy fit can be viewed here.

(Excerpt) Read more at capitaltonight.com ...


TOPICS: News/Current Events; Political Humor/Cartoons; Politics/Elections; US: New York
KEYWORDS: 2010senaterace; davidmalpass; kirstengillebrand; newyork
Not enough is known about Malpass and his relationship to the decision-makers at the former Bear Stearns, which has now come under scrutiny for corruption (falsifying ratings information). He and his spokesperson disavow any relationship to the Bear Stearns leadership, but he was certainly playing his role for all it was worth when he joined up.

We know that the CEO made at least $35 Million the year Bear Stearns tanked.
How much did Malpass make? And yes, it does matter, if he was selling investors on those rotten subprime mortgage-backed securities.
The timing of his Wall Street Journal article - "Don't Panic About the Credit Market"- is also in need of explanation. At best, it's self-serving.

1 posted on 05/20/2010 3:22:11 PM PDT by The Doctor
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To: The Doctor
For MORE FUN, the following is a comment, that sounds remarkably like the arrogant Malpass camp, perhaps even the man hisself (i.e., the hissy-fitter himself)!

The linkage to Enron is totally bogus!
Malpass was the chief economist at Bear Stearns, not an investment banker, and he had no involvement with the side of the business that led to Bear Stearns collapse. In the three years prior to Bear’s collapse Malpass’ team at Bear Stearns was ranked #2 in the world by Institutional Investor.

We need more people who understand the complexities of the highly-interconnected global economy helping to fashion legislation in DC — not more political hacks like Blakeman.

For God’s sake! Let us not be swayed by this moronic YouTube video, or for that matter any of Blakeman’s reliably-sleazy gimmicks!


-- will not keep his cool during this campaign. I think he'll have one of those Howard Dean YE-AHHHHHH moments.
2 posted on 05/20/2010 3:34:29 PM PDT by The Doctor ("They work for us. Take back government from those we can't trust.")
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To: The Doctor

WHy does nobody care about the Democrats links to these big banks and companies?


3 posted on 05/20/2010 3:35:31 PM PDT by GeronL (Political Correctness Kills)
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To: The Doctor

The ‘chief economist’ post at a big financial institution is like a pet academic. They get a big office and title, but their only responsibility is to publish papers. The only difference from a professor, is that their papers are read by people who might act on them.


4 posted on 05/20/2010 3:49:12 PM PDT by proxy_user
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To: GeronL

The Fourth Estate seemed to officially die during the 2008 election and it is now up to concerned citizens.

Many of us care— we just can’t do the investigative reporting. Any ideas?


5 posted on 05/20/2010 3:56:19 PM PDT by The Doctor ("They work for us. Take back government from those we can't trust.")
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To: The Doctor

Only if you can figure a way to herd a million conservative cats into buying a TV network or two.


6 posted on 05/20/2010 3:57:54 PM PDT by GeronL (Political Correctness Kills)
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To: proxy_user

Of course, that’s not what was said at the announcement of his position. Also, we’re tracking down a report from an institutional investor in the U.S. to whom Malpass made a presentation. Will report when we find out.


7 posted on 05/20/2010 3:58:15 PM PDT by The Doctor ("They work for us. Take back government from those we can't trust.")
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To: GeronL

Fox tries to position itself as the conservative voice, but there is so much ridiculous cr#p and redundancy on the 8-11 hours. Perhaps it’s not such as far-fetched idea to buy a news station, or morph pjtv and breitbart into an alternative channel.


8 posted on 05/20/2010 7:38:11 PM PDT by The Doctor ("They work for us. Take back government from those we can't trust.")
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To: The Doctor; writer33

Or produce our own programs.

I think there are enough conservatives to buy independent TV stations in metro areas. I don’t know why no one has tried to organize it before. Sure we might have to run Little House on the Prairie and the original Battlestar Galactica a lot while we put our own shows together but it can be done.


9 posted on 05/20/2010 7:43:28 PM PDT by GeronL (Political Correctness Kills)
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To: GeronL

We need to get Breitbart, PJTV together and add interactive TV with instant polling.


10 posted on 05/21/2010 7:27:41 AM PDT by The Doctor ("They work for us. Take back government from those we can't trust.")
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