In case you missed it, WBUR’s team of Chakrabarti and McNerney have even yet still another chapter in the fascinating story of Luis Ramirez — or more properly, of the people who hired him for the MBTA. The head-hunting firm that found Ramirez apparently was not explicitly required to investigate his regulatory record at Global Power LLC. And wouldn’t you know it, it looks like they never did it.
At least, one would have to assume that they didn’t, seeing as Ramirez’s company had to restate erroneous earnings reports made while he was CEO. You’d think that would be a major red flag to transportation chief Pollack and Gov. Baker.
More baffling is that Sec. Pollack and Baker continue to insist that Ramirez is just the person for the job. I’m going to flog this horse until it’s dead; we apparently have:
- A transit chief with no transit experience.
- A head of a $2 billion governmental entity (and notorious political football) with no governmental experience.
- A “turnaround specialist” who in his one turn truly at the steering wheel, apparently turned the company into a ditch, requiring a downward earnings adjustment of $58M.
But hey, the headhunter apparently said he doesn’t actually have a criminal record, so it’s all good!
Today the Red Line faced “moderate” delays due to “a little fire on the tracks”, as our conductor put it with charming understatement. An apt metaphor for the state of Baker’s and Pollack’s credibility on their new hire.