Cowell’s buddy Erskine Bowles is a board member of Facebook, a board member of Morgan Stanley (underwriter for Facebook’s IPO), a fundraising “bundler” for Cowell, and the owner of an investment advisory firm that Cowell hired to run the North Carolina pension fund. Anyone can see that the entire Facebook IPO fiasco that cost North Carolina millions was a sweetheart deal designed to funnel money to crony Erskine and his Facebook and Morgan Stanley buddies. This is corruption of the highest order.
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Posted by
Erskine Cowell
on 11/06/2012 at 11:05 AM
Re: “Janet Cowell leads the way for women Democrats in North Carolina”
Way to gloss over the Facebook corruption.
Cowell’s buddy Erskine Bowles is a board member of Facebook, a board member of Morgan Stanley (underwriter for Facebook’s IPO), a fundraising “bundler” for Cowell, and the owner of an investment advisory firm that Cowell hired to run the North Carolina pension fund. Anyone can see that the entire Facebook IPO fiasco that cost North Carolina millions was a sweetheart deal designed to funnel money to crony Erskine and his Facebook and Morgan Stanley buddies. This is corruption of the highest order.