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EDITORIAL: 'Trust me' doesn't cut it.
Jun. 2--Gov. Rod Blagojevich hatches a plan, practically overnight, to privatize the state's lottery and invest the estimated $10 billion in proceeds in education. The plan is so vague and risky it raises a thousand questions. An obvious one: How did you arrive at the $10 billion figure? Astonishingly, Blagojevich says he's not telling. He contends the financial estimate prepared by Goldman Sachs is "proprietary" information. "Releasing their work would be the equivalent of releasing a road map to bidders on how to bid less, and that doesn't make sense," said a Blagojevich spokeswoman, Becky Carroll. So ... just trust him? That might work in Shangri-La. It ...
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Source: HighBeam Research, EDITORIAL: 'Trust me' doesn't cut it.