Who's Running This Place, Part 2
0 Comments Published by fixBuffalo on Saturday, February 05, 2005 at 6:19 PM.While we slept our anointed leaders, Buffalo's Control Board, played musical chairs. We woke Tuesday morning and found that a seat was created for Brian Lipke, King of the Hill at Gibraltar Industries, as Chairman of the Control Board. He replaces Tom Baker who couldn't muster the intestinal fortitude to negotiate with the unions. Gibraltar is a publicly held company and their shares trade on the NASDAQ under the “ROCK” symbol. The value of a piece of the “ROCK” has tripled in value during the past five years, split last November and closed today down a few points at $22.60/share.
Bruce Jackson doesn't like Brian Lipke because he is white and rich and Kevin Gaughan's friend. Bruce didn't like him when he wasn't quite as rich in 1999 as he served on the Peace Bridge Authority. Come on Bruce, anyone who has a NYS University pension and lives on Rumsey Road is rich by any metric. Just ask 97% of your neighbors in Buffalo. Besides, I'm sure Brian Lipke pays for his own web hosting.
Lipke has demonstrated that he has a solid track record of making fiscally responsible decisons. Let's "grin and bear" it Bruce and hope that Lipke will return some rationality to a process that is mired in closed door meetings.
Meanwhile in the Buffalo Blogosphere...
- Alan at BuffaloPundit....seems to think there is nothing wrong with having a Control Board and annointed officials running the roost.
- Mikey at SkiMickey....thinks is simply sucks
- And Craig Howard at Buffalog...hits it out of the park and is ready for the Bruce Jackson debate!
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