The latest on California politics and government
April 30, 2010
GOP guv-hopeful Steve Poizner launched a new TV spot today attacking rival Meg Whitman’s connections to Goldman Sachs.
Whitman’s ties to the investment firm, which colleague Jon Ortiz delves into here, have become an issue in the gubernatorial race as the firm comes under more heat for its role in the financial crisis, including a reported criminal investigation by the U.S. Department of Justice.
Whitman, a former Goldman Sachs board member, has held significant investments in the firm and received contributions from company executives and their families.
Labor-backed groups supporting Democrat Jerry Brown have zeroed in on the Goldman connection in their campaigns against Whitman, but this is the first time the issue has been the primary focus of an attack ad on TV.
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