First off it is a curious thing to me how Bruce Lisman, former top executive at Bear Stearns investment bank has been so readily accepted as Vermont’s premiere fiscal scold.
At the time it crashed in flames, Bear Stearns had a leverage ratio of 33 to 1 (for every dollar in equity, it had $33 of debt). Should he really be lecturing anyone on fiscal restraint?
Be that as it may, Bruce Lisman took four years, one million of his many millions of dollars and built his very own non-partisan “political outfit,” the Campaign for Vermont. Add to this exploit one recent key component: Governor Shumlin has managed to shoot himself in the foot just about every other day for several months and has transformed into a seemingly vulnerable opponent. And … Viola! Bruce has “found” his political voice according to VPR
It’s been almost four years since former Wall Street executive Bruce Lisman founded his public policy outfit, Campaign for Vermont. But only recently has he begun using his public platform to castigate the Shumlin administration directly. And his pointed criticism suggests Lisman might be setting the stage for what could be a wide-open race for governor in 2016.
Others have traveled here before. Rich Tarrant and Jack McMullen were both rich Republican types who, like Lisman, after successful lives in business decided Vermont politics might be a nice ‘closer’ for their careers — a plutocrat’s nightcap.
Tarrant waged an attack-ad driven campaign against Bernie Sanders to be Vermont’s US Senator, spent $ 7 million, and lost. And of course businessman McMullen moved to Vermont and year later wanted to be a senator but never made it far — losing the Republican primary to farmer Fred Tuttle.
For now Lisman is still keeping his “market price low” regarding a run for governor
So is he gunning to be that guy [to run]? Since the founding of Campaign for Vermont in 2011, Lisman has deflected inquires about his ambition. He continues to do so today. “I don't give it a lot of thought” Lisman says.”I guess i'm in the same place I've been. I don't give it a ton of thought….” [added emphasis]
It's as if he bought a prime piece of land, took out a building permit and then expects people to believe he hasn’t given building a house or a mega mall “… a lot [or a ton] of thought”.
Ultimately if he runs for office he must sell a commodity — himself — to Vermonters. In that regard he appears to have charisma only equal to Tarrant and McMullen’s, i.e., none.
Lisman for governor would be just another bad Wall Streeter commodity swap — by Shumlin’s default.