HARRISBURG PATRIOT-NEWS: …The state’s financial adviser, Greenhill & Co., worked on the $576 million sale of the Camelot Group to its present owner, the Ontario Teachers’ Pension Plan, in 2010….
Corbett administration officials say they were aware of this prior history involving Greenhill and Camelot, but it raises no red flags nor does it taint the bidding process. In that sale, Greenhill was working for the prior owners of Camelot, not the current owners…
Meanwhile, Democrats are growing more skeptical about turning over management of one of the nation’s top-performing lotteries to a private firm. They say the lack of transparency in the procurement and now this possible conflict of interest are reasons to question this privatization move that the Corbett administration says can go down by administrative decree without legislative approval… (more)
EDITOR: Saying the former governor Ed Rendell awarded no bid contracts is hardly a justification. We hope that incoming attorney general Kathleen Kane will investigate both the current Republican and the past Democrat administration. The parties often tacitly collaborate at the expense of the public