The Streets Were Paved With Gold (2011)
“The Mayor, just returned from the Alfred E. Smith dinner, was wearing white tie. Some of the borough presidents were in sweat shirts. Together, a large contingent waited out the clock to learn whether the teachers’ pension fund would lend the money necessary to meet the next day’s bills. “By 4 A.M. or so, we were all getting a little hysterical,” recalls Beame’s former press secretary, Sidney Frigand. “Ira Millstein [one of Beame’s SEC attorneys] came over to me and said we should have an annou...ncement of bankruptcy ready. How do you write a release that the city is going under? It’s like saying, ‘We announce today the end of the world.’ I said, ‘Who the hell will take the blame for this?’ ” Those in attendance roared when Frigand showed them his draft press release. It began: “City Comptroller Harrison Jay Goldin announced today.…”
Goldin, not Beame, would be the messenger of the bad news. Frigand says it was all a joke, and that they would not have issued a release in Goldin’s name.MoreLess
Goldin, not Beame, would be the messenger of the bad news. Frigand says it was all a joke, and that they would not have issued a release in Goldin’s name.MoreLess
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