Saturday, June 20, 2015

4:24 p.m. Friday WEDC News Dump



Walker's jobs agency says 27 awards worth $124 million made without a formal staff review.  (Star Tribune, 6/19/2015)
An internal review released Friday showed that WEDC gave out 27 award contracts to 24 companies between July 2011 and June 2013 without staff review, which WEDC said was not required at the time. Those were discovered during a review of 371 awards WEDC made in its first two years of operation.

A sampling from the WEDC news release.  
That review uncovered 26 awards that were made without a formal Staff Review by our underwriting department – all of which took place in the first 15 months of WEDC’s existence. 

While those awards did not have formal Staff Reviews, they did undergo scrutiny and review by WEDC staff and management throughout the approval process.

First of all, let's take a look at the phrase "all of which took place in the first 15 months of WEDC’s existence."

Considering WEDC's revolving door, this lame explanation could almost be construed as blaming Jim Doyle

The second paragraph has me shaking my head like a bobble head doll.   What gets scrutinized?  When is a review not a review?  Oy!  My head hurts.

Where's the









Related posts:
The stink of WEDC follows Brenda Hicks-Sorensen to Nebraska.  (6/16/2015) 
Scott Walker tries to run, but there's no place to hide.  (5/26/2015)
No matter how you slice it, Alberta, it's still stinky cheese.  (5/23/2015)
Joint Finance Republicans to Scott Walker:  "You're Fired!".  (5/21/2015)
Chairman of the Board of the Wisconsin Economic Development Corporation -- Nice work if you can get it.  (5/20/2015)
It's story time.  (5/18/2015)
From the pay-to-play archives: The William Minihan-Scott Walker connection.  (5/17/2015) 
What's wrong with this Scott Walker headline?  (5/16/2015)
Chairman of the Board Scott Walker's BIG, BOLD idea.  (5/8/2015) 
Based on WEDC's previous track record, this is what came to mind when I saw first saw this headline.  (4/2/2015)
Apparently, being the CFO of WEDC is not much of a resume-builder.  (3/13/2015)
WEDC's revolving door.  (9/12/2014)
Here's how the Wisconsin Economic Development Corporation is "Reinventing Economic Development".  (8/24/2014) 
Company looks to expand its business geographic focus?  (8/14/2014)
Scott Walker and the horrible, terrible, no good, very transparent day.  (7/28/2014)
Kestrel Aircraft: All these incentives, but no construction, no jobs.  (7/13/2014)
The Eaton Corporation/WEDC timeline of shame.  (7/10/2014)
Wisconsin featured in report on privatized state economic development agencies.  (10/25/2013)
Wisconsin Economic Development Corporation pledge: Following the money.  (7/23/2013)
Incompetence rewarded.  (5/9/2013)
And while we're at it, let's take a look at WEDC 's core values. (5/9/2013)
WEDC Public Information Officer Resigns After 1 Month on the Job.  (5/9/2013)
Plenty of time for messaging but none for fixing what ails WEDC.  (5/9/2013)
Previous WEDC audits?  What previous audits?  (5/8/2013)
Are you seeing a trend yet?  (5/8/2013)
Echoes.  (5/7/2013)
Get me rewrite.  (5/4/2013)
Legislative Audit Bureau Report on Wisconsin Economic Development Corporation: The "Cliff Notes" Version.  (5/3/2013
"Tales of woe never end at WEDC."  (4/25/2013)
Enterprise Florida and

1 comment:

Anonymous said...

4:27Pm release with this tidbit at the end:
The documents provided to the board today are available immediately to members of the media at the WEDC offices. To ensure the press has timely access to the documents, WEDC is waiving the copying costs of these records. Please contact Mark Maley at 608-210-6767 to make arrangements to pick up the materials before 5:30 p.m. Friday.