Mator Sarno Calls for Merrill Lynch Investment Review
Statement of Mayor Domenic J. Sarno:
“I am very disturbed by the investment that appears to have cost the City $13 million. As I continue to review and navigate the shoals of fiscal policy, I request a swift and transparent review of this most critical issue by the Attorney General. In order to conserve public resources and avoid duplicating efforts, the City will defer to the Attorney General’s ongoing efforts regarding matters surrounding the investment. I am prepared to afford the Attorney General’s office any help I can and ask that they pursue the matter as a high priority. While I understand the Attorney General may not disclose facts obtained during the course of pre-litigation, I call on the Attorney General to remain in regular communication with the City so that the public remains informed. The citizens and taxpayers of Springfield are entitled to no less.”
