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2009 NYC Voter Guide: Candidate Profile: Joe Mendola

Comptroller

 

CANDIDATES

John C. Liu Joe  Mendola Stuart Jay Avrick no photo

John C. Liu
[ D, WF ]

Joe Mendola
[ R ]

Stuart Jay Avrick
[ C ]

John Clifton*
[ LBT ]

Salim Ejaz

Salim Ejaz
[ RTH ]

Joe Mendola

Republican

Party enrolled in: Democratic

Occupation: Chief Compliance Officer & Legal Counsel to SEC and FINRA Registered Broker-Dealer and Money Manager

Occupational background: 12+ years experience as a Chief Compliance Officer and Legal Counsel to SEC registered broker-dealers and investment advisors. Responsible for fund management, risk abatement and maintaining compliance with all rules. Registered with FINRA, holding 10 Series licenses

Educational background: Class of 1987: Columbia University School of Law, NY, NY; Class of 1984: Fordham University, Bronx, NY, Summa Cum Laude, Final Rank: 3/605; Class of 1980: Archbishop Molloy HS, Queens, NY

Organizational affiliations: Phi Beta Kappa

Prior public experience: Local Volunteer

Email: joe@mendolafornyc.com

Website: http://joemendola.com

Email & Website links were provided by the candidate.

 

1. What is the most important issue in the city you would address if elected?

NYC's Comptroller acts as the investment advisor to the $100B public pension funds. As taxpayers are required to bail out these funds, they are currently not managed to be self-sustaining but rather used to line the pockets of an elite group of insiders and cronies. I will apply private enterprise principles to the management of these funds. I will manage them so that the City will meet its responsibilities & obligations without relying on taxpayer bailouts.

 

2. What other important issues would you address if elected?

I would examine the spending of every City agency. I am not a career politician beholden to special interest groups so there will be no sacred cows. Where corruption, fraud or waste is discovered, it will be made public and those responsible will be held accountable. I will remake the Comptroller's Office into NYC's non-political and non-partisan fiduciary, guarding City finances fairly, responsibly and without political agenda.

 

3. What makes you the best candidate for this office?

I am the only candidate that has direct and relevant money management, compliance and risk abatement experience which the Comptroller needs in order to be an effective investment advisor to the $100B public pension funds. As our economy contracts and remakes itself in the wake of the latest downturn, now is not the time to entrust the crucial task of managing the City's finances to a career politician who will use the office as a platform to run for Mayor. I seek to become Comptroller as I have the background, experience and competence to properly perform the duties and responsibilities of the Comptroller's Office.

 

(Reprinted as supplied by the candidate.)

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PARTY KEY
C = Conservative
D = Democratic
FJ = Freedom Justice
G = Green
I = Independence
JE = Jobs and Education
L = Liberal
LBT = Libertarian Party
NV = New Voice
P = Populist Party
PSL = Party for Socialism and Liberation
RTH* = Rent is Too High Party
R = Republican
SW = Socialist Workers Party
WF = Working Families

*Rent is Too Damn High was changed by the BOE to Rent is Too High after the printed Voter Guide had gone to press.