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Ohio Democratic Party

GOP candidate John Kasich warms up voters with new video biography but doesn't mention time at failed Lehman Brothers

Mark Naymik

Cleveland Plain Dealer

Feb 23, 2010

Republican gubernatorial candidate and former congressman John Kasich launched a new phase of his campaign today designed to better introduce himself to voters.

It lands on the same day a Quinnipiac University poll...The polls shows Kasich trails Gov. Ted Strickland by five percentage points.

To improve his identity with voters, Kasich's campaign released a new video entitled "Meet John."

...

The video, of course, is not meant to be comprehensive look at his life. And it is not. Think about it more as a greeting card than autobiography.

But the video -- combined with his written biography on-line -- draws attention to what he leaves out: He was a managing director in the investment banking division at Lehman Brothers, the Wall Street firm whose failure in 2008 help precipitate the national's financial crisis.

Kasich spent about eight years there...It's hard to dismiss this part of Kasich's resume because the economic crisis and Strickland's response to it are at the heart of the gubernatorial debate.

...

In Kasich's biography posted on his campaign Web site, the campaign notes: "As a business leader John has worked to understand what makes businesses successful, and has helped companies in a wide variety of industries nationwide to grow, invest for the future and create jobs."

That obviously includes his time trying to raise capital for companies through his work at Lehman Brothers.

So why not just say it?

I asked the campaign about the omission and I will post the campaign's response when it is available.

When Kasich was an on-air personality at FOX News Channel, his biography posted on-line -- and still available in April of 2009 -- included a full paragraph on his work at Lehman Brothers. It read: "He maintains responsibilities across a range of industry groups on which Lehman Brothers focuses its investment banking activities including health care, power and utilities, technology and financial institutions."

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