Manhattan Institute

Institute Led by ‘Vulture Fund’ CEO Hosts Mayor Reed for Pension Reform Conference

First he behested $200,000 on behalf of a shadow group under the control of John Arnold, the former Enron executive who helped crash California’s economy before making big bucks as a hedge-fund manager. Then he acted as chief requester for $50K from Richard Riordan, the former mayor of LA, and a matching denomination from a couple of pension-busting obsessed businessman in Silicon Valley. Now, San Jose Mayor Chuck Reed, in his quest to put a state pension reform measure on next year’s ballot, appears to have joined forces with the Manhattan Institute and its billionaire chairman Paul Singer, an ardent supporter of The One Percent.

Read More 11