Tag Archives: Michael Smith

Bruce Lisman, cruisin’ for a bruisin’

The weekly emission of “political analysis” from former Douglas Administration minion Michael Smith arrived, as usual, with my Saturday Times Argus. Most of it was the usual Republican-canted bushwah, but he led off with a paragraph that brought a smile to my lips:

Is Bruce Lisman considering a bid for governor? That’s what some are saying Lisman is telling them. In fact, one local businessman said Lisman told him he is definitely running.

Oh please. Oh please please PLEEEEEEEASE run for Governor. I’m beggin’ ya.

Because if he does, he’ll be setting himself up for his worst moment since that fateful time during the collapse of his former paymaster, Bear Stearns, back in March 2008:

In the middle of the afternoon, Bruce Lisman, the usually taciturn 61-year-old co-head of Bear Stearns’s stock division, climbed atop a desk near his fourth-floor office and demanded his traders’ attention. “Let’s stay focused,” he bellowed. “Keep working hard. Bear Stearns has been here a long time, and we’re staying here. If there’s any news, I’ll let you know, if and when I know it.”

His prediction soon proved inoperative, as Bear Stearns suffered an ignominious collapse in the financial meltdown that almost killed the global economy.

A gubernatorial bid won’t be nearly so cataclysmic — more of a whimper than a bang — but it’ll end just as badly for Our Man Bruce.

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