Brent Raymond’s move from regulating the EB-5 program to operating one of them is proving impossible to ignore. How impossible? Top Shumlin administration officials are actually raising questions about it. They’re even invoking the feared Executive Code of Ethics.
“The governor has concerns about the potential for a conflict of interest in this decision. … We fully expect all appointees and former appointees to comply with the Executive Code of Ethics,” spokesman Scott Coriell said in an email. “The governor has also asked (the Agency of Commerce and Community Development) to review the communications leading up to this departure to ensure that all actions were in compliance with the Executive Code of Ethics and conflict of interest policies.”
Ah, the Executive Code of Shmethics: the Mock Apple Pie of good government. (Mmmm, Ritz crackers and RealLemon!)
The most interesting phrase in the above paragraph is “leading up to his departure.” It would, indeed, be instructive to know how long Mr. Raymond was negotiating his new job with an EB-5 developer while continuing to be, at least in title, the state’s EB-5 regulator.
And how in Hell he thought it was okay to do that.
Well, at some level he probably knew it wasn’t okay. Otherwise he wouldn’t have kept his superiors in the dark until he actually had the job in hand. Whereupon they waived his 30-day notice and showed him the door toot suite.
He’ll still get paid for the 30 days. Because after all, why punish the guy?