Wait, proceedings against Goldman Sachs? I want to hear more about this #oakmtg
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@sarahjeong@profcritic I honestly don't know all the details. The spending amount they're talking about is in the agenda for this week.
@cfarivar @profcritic Yeah, what McElhany is saying seems correct. This is just a really weird item.
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@ProfCritic@cfarivar Yeah. But still doesn't explain huge expenditure in agenda on "investigating" -
@sarahjeong@cfarivar Yes, definitely does not! -
@ProfCritic@sarahjeong I honestly don't know what "disbarrment" means in this context. That Oakland won't deal with Goldman anymore? -
@cfarivar@ProfCritic Debarment. And that's what it looks like. Like divestment, but the other way around. -
@sarahjeong Ok, debarrment. Can't that just be done without spending $250k? Like just say Goldman has cooties or whatever?#oakmtg -
@cfarivar It may be the case the city has to buy back city bonds from Goldman? Ugggh idk -
@sarahjeong Gah. Yeah, there may be something in the contract where if they get debarred then Goldman can sue the city back? - 2 réponses de plus
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