What RI Needs in Next AG: Guest MINDSETTER™ Siedle

Guest MINDSETTER™ Edward Siedle

What RI Needs in Next AG: Guest MINDSETTER™ Siedle

Edward Siedle
The next Attorney General of Rhode Island should be prepared to spearhead an unprecedented investigation of the largest financial crime in the state’s history—looting of the $8 billion state pension fund. A forensic investigation into the current Governor and State Treasurer’s reckless gambling of public monies for their political advantage is required at the get-go.

The next Attorney General must be committed to relentlessly prosecuting wrongdoers however powerful they may be—including elected officials—who have betrayed the public trust.

The next Attorney General of Rhode Island should be a perennial outsider—a thorn in the side of the political establishment and not a member of the club.

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The next Attorney General must have an understanding of complex financial crimes, i.e., pay-to-play schemes which have cost taxpayers over a $1 billion to date. Prosecutors and law enforcement, including the FBI, generally “don’t get” stealing billions without guns and victims (state officials) who refuse to report crimes (losses) in which they themselves are complicit.

The next Attorney General of Rhode Island must vigorously enforce the state’s Access to Public Records laws and bring an end to five years of escalating secrecy. The Raimondo/Magaziner lack of transparency has fostered wrongdoing over the past five years.

To stop the scamming, end the secrecy.

Finally, the next Attorney General of Rhode Island should have a demonstrated track record. Rhode Island doesn’t need another do-nothing AG to follow in the current AG’s footsteps.

To my knowledge, no Attorney General in the nation has ever dared to target public pension corruption involving elected officials.

That means either elected officials never use public pension assets for their political advantage or prosecuting such crimes amounts to political suicide. Which seems more likely to you?   
 

Edward Siedle is a former U.S. Securities and Exchange Commission lawyer who currently writes for Forbes, and is currently in line to receive the biggest whistleblower award in SEC history. 


The Power List - Judiciary and Lawyers, 2016

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