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Tue Nov 23, 2021, 02:50 PM

NYC Mayor-elect Eric Adams considers Goldman Sachs CFO for a key economic role in his administration

New York City Mayor-elect Eric Adams is considering a Goldman Sachs executive for a role in his administration, according to people familiar with the matter.

Adams and his allies have been discussing the idea of giving Stephen Scherr, Goldman’s chief financial officer, a leadership position in the new administration, these people said. These people declined to be named in order to discuss ongoing private conversations.

Scherr, who is set to retire from New York-based Goldman at the end of the year, is a co-chair of Adams’ transition team. He could be in line to be deputy mayor for housing and economic development, or could end up leading the New York City Economic Development Corp., or NYCEDC, the people said.

Adams has not publicly said who he will end up choosing for those roles. It’s likely he will make the decisions closer to his swearing-in date, Jan. 1. He has been moving ahead with planning for other important positions, such as asking New York Rep. Tom Suozzi, D-N.Y. to be a deputy mayor and noting that he’s close to deciding the next police commissioner.

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Reply NYC Mayor-elect Eric Adams considers Goldman Sachs CFO for a key economic role in his administration (Original post)
Polybius Nov 23 OP
comradebillyboy Nov 23 #1
OnDoutside Nov 23 #7
comradebillyboy Nov 23 #8
OnDoutside Nov 23 #15
Renew Deal Nov 23 #9
OnDoutside Nov 23 #13
msongs Nov 23 #2
RANDYWILDMAN Nov 23 #3
Zeitghost Nov 23 #12
Sanity Claws Nov 23 #4
WhiskeyGrinder Nov 23 #5
jalan48 Nov 23 #6
comradebillyboy Nov 23 #11
brooklynite Nov 23 #10
electric_blue68 Nov 23 #14
Polybius Nov 24 #16
electric_blue68 Nov 24 #17
radius777 Nov 24 #18

Response to Polybius (Original post)

Tue Nov 23, 2021, 02:53 PM

1. NY Mayor hires competent professionals to staff

his administration. Good work Mayor Adams.

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Response to comradebillyboy (Reply #1)

Tue Nov 23, 2021, 04:45 PM

7. The look is terrible though ?

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Response to OnDoutside (Reply #7)

Tue Nov 23, 2021, 05:09 PM

8. I don't think so. Do Democrats really need to blacklist

everybody who has been successful in the private sector?

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Response to comradebillyboy (Reply #8)

Tue Nov 23, 2021, 05:46 PM

15. Excluding those who are morally bereft would be a start. Sure they're

successful, if you have money uber alles, as your totem.

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Response to OnDoutside (Reply #7)

Tue Nov 23, 2021, 05:10 PM

9. You would take a job at Goldman-Sachs if you could.

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Response to Renew Deal (Reply #9)

Tue Nov 23, 2021, 05:43 PM

13. Actually I wouldn't, but that's just me I guess.

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Response to Polybius (Original post)

Tue Nov 23, 2021, 03:45 PM

2. maybe the police union president should be pd commissioner

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Response to Polybius (Original post)

Tue Nov 23, 2021, 03:49 PM

3. Sorry NO, the Goldman people are not looking out for everybody

They look out for the rich and connected period. freaking pass

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Response to RANDYWILDMAN (Reply #3)

Tue Nov 23, 2021, 05:14 PM

12. They look after the rich and connected

Because they are paid by the rich and connected to look after them.

If the city of NY pays them, they will look after the city's interests.

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Response to Polybius (Original post)

Tue Nov 23, 2021, 04:06 PM

4. Same as it ever was

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Response to Polybius (Original post)

Tue Nov 23, 2021, 04:07 PM

5. lol

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Response to Polybius (Original post)

Tue Nov 23, 2021, 04:32 PM

6. I understand Goldman Sachs pays really well for "speeches" by ex politicians.

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Response to jalan48 (Reply #6)

Tue Nov 23, 2021, 05:12 PM

11. Still holding a grudge against Hillary Clinton?

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Response to Polybius (Original post)

Tue Nov 23, 2021, 05:12 PM

10. If it makes you feel better, NYC has a separately elected city comptroller...:

Last edited Tue Nov 23, 2021, 05:56 PM - Edit history (1)

…who’s top campaign message was “defund the police”.

https://council.nyc.gov/brad-lander/category/criminal-justice/

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Response to brooklynite (Reply #10)

Tue Nov 23, 2021, 05:46 PM

14. That's looking positive. Wasn't paying full attention at the time

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Response to electric_blue68 (Reply #14)

Wed Nov 24, 2021, 12:38 AM

16. How is that positive?

It's an extremist position for anyone to take.

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Response to Polybius (Reply #16)

Wed Nov 24, 2021, 01:00 AM

17. Oh, I wasn't specific enough. I meant that we have a separate...

Comptroller..

I understand the impulse for "defund the police". It's a cry of pain from so much abuse down through decades, and decades. It was not the best slogan, though.

They do need heavy, serious reform - between
serious, rampant racism and misoginy, and more. A certain 🤔 imperiousness among too many.

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Response to Polybius (Original post)

Wed Nov 24, 2021, 01:02 AM

18. Adams is a smart man

who knows that you need people who understand the system to reform the system.

Just because someone works for a big corp does not make them bad; Warren Buffett and Bill Gates agree with much of what Elizabeth Warren does.

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