Wait, proceedings against Goldman Sachs? I want to hear more about this #oakmtg
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@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.
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@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? -
@cfarivar Good luck getting a straight fucking answer out of anyone about it -
@sarahjeong Item #2 here: City of Oakland policy on Debarment. http://bit.ly/17SNPrn#oakmtg
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