Toll Booth Crony Capitalism


Beware the “public/private partnership.” They are often boondoggles for the connected. In this case the story swirls around one maga-firm, Conduent.

(From The Miami Herald)

Records show that in 2012, the same year that lawmakers asked for the SunPass contract, Conduent hired powerful Tallahassee lobbyist Brian Ballard, a Scott supporter and host of the governor’s $3 million inauguration festivities.

Last year, it was disclosed that Scott and his wife had invested at least $5 million in a hedge fund that held shares of Conduent worth $127 million, though it’s unclear for how long they had that investment.

Reprinted from: https://www.ac2news.com/2019/04/toll-booth-crony-capitalism/

0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More from Against Crony Capitalism: