Scott slams Sink with new adsby Dara Kam | September 27th, 2010
GOP gubernatorial candidate Rick Scott’s campaign released two new ads attacking his Democrat opponent Chief Financial Officer Alex Sink accusing her of steering no-bid contracts to her former employer and slamming her for poor oversight of the state’s pension fund.
Sink spent more than two decades as a banker and ended her career as the head of Bank of America’s Florida operations.
One of the ads accuses Sink of steering at least $770,000 to Bank of America and its subsidiaries in her role as a member of the board of trustees that oversees the State Board of Administration. Sink sits on the board with fellow Cabinet members Attorney General Bill McCollum and Gov. Charlie Crist.
Sink has said she did not declare a conflict of interest in voting on matters affecting her former employer because her investments are in a blind trust.
A second ad mocks Sink for boasting of being Florida’s “fiscal watchdog” after the state pension fund lost billions of dollars because of risky investments.
Again, Sink sat on the board with Crist and McCollum and at the time repeatedly questioned the SBA’s procedures. She was instrumental in hiring an outside firm to audit the SBA’s investments and in requiring the SBA to report to the Cabinet quarterly. The next meeting is tomorrow.
Scott used much the same strategy in his campaign against McCollum and spent $50 million of his own money – the bulk of it in advertising – before winning the GOP primary last month.