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Road Trip To Wall Street

Nothing brings city officials together like a road trip.

This Friday, Mayor Adrian M. Fenty (D) and Council Chairman Vincent C. Gray (D), who have been at odds over the budget, are scheduled to travel to New York City to meet with credit-rating agencies.

Leading them on Wall Street will be Chief Financial Officer Natwar M. Gandhi and Council member Jack Evans (D-Ward 2), chairman of the Committee on Finance and Revenue.

Gandhi and Evans have been the consistent faces before representatives of Moody's, Standard & Poor's and Fitch. When Fenty was on the campaign trail in 2006, he was criticized for being unable to name all three agencies. He could name one - Moody's - when he was put on the spot during a forum.

By Nikita R Stewart  |  July 13, 2009; 10:14 AM ET
 
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Comments

Can they take Barry too and leave him there?

Posted by: FLvet | July 13, 2009 1:03 PM | Report abuse

Can slot's be far behind?

Posted by: KBlit | July 13, 2009 1:56 PM | Report abuse

i never understood the purpose of this trip.

municipal bonds are what they are. if DC does not have the balance sheet to support the credit rating, no amount of face time is going to help. If DC is maxing out its credit or the revenues do not look good in relation to the City's debt, the rating will reflect that fact. Gandhi is not the savior of the City in this effort either. Any CFO doing his job can serve in this capacity. folks treat Gandhi like the nation treated Alan Greenspan. Every one thought he was the true economic soothsayer, no he's gone we see this dude was horrible! Wait until Gandhi is gone and another person oversees the OCFO, it might be just as eye opening.

Posted by: oknow1 | July 13, 2009 2:49 PM | Report abuse

Will these bison-headed bamas take the Chinatown Bus? Or Fenty's Smart Car?

Posted by: bs2004 | July 13, 2009 3:04 PM | Report abuse

No, don't take Barry, we need him here in the city to look out for the less fortunate and impoverished, and also for entertainment. LEAVE FENTY in NY. He's the one we could do without!

Posted by: highlife | July 13, 2009 5:18 PM | Report abuse

Maybe they are just showing up for a consulting gig to discuss the proper oversight of property tax refund.
Why do I see a new 3 stooges episode in the works?

Posted by: NICKYNUNYA | July 13, 2009 6:20 PM | Report abuse

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