April 4, 2006, - 5:02 pm
By Debbie Schlussel
If you’re investing with Oppenheimer, now might be the time to get out and hire a new financial advisor.
Why? Well for starters, the hiring of Mario Morrow.
In today’s Detroit Free Press, it was announced that Mr. Morrow was “retained by Oppenheimer and Co. in New York as a chief educational financial advisor.”
We think it’s hilarious that a major investment house would hire Morrow.
We’re very familiar with Mr. Morrow. He was a principal of George Ford Elementary School in one of the worst school districts in the country, Detroit. Then he was the spokesman and advisor to the man, Kenneth Burnley, who ran the ENTIRE Detroit Public Schools school district. It remains, despite Mr. Morrow’s involvement, one of the worst school districts in the United States. That is also despite millions and millions being thrown at the school district.
It has a very high drop-out rate, a high rate of illiterate graduates, and very, very unsafe schools. Little changed with Mr. Morrow’s involvement. His hiring–or the hiring of ANYONE so closely connected with the Third World Republic of Detroit Schools–by Oppenheimer might just be one of the signs that the Apocalypse is upon us.
Mr. Morrow, who bills himself as a political consultant, political pundit, campaign advisor, educator, and–now–financial advisor, seems to be a jack of all trades. And–as evidenced by the Detroit school district morass that continues to fester and mestastasize–a master of none.
Add to that the fact that Morrow supports the payment of gazillions in reparations to Black Americans by U.S. taxpayers. Hmmm . . . we wonder if Oppenheimer supports that. Its investors should ask.
Would you take financial advice from anyone who had a hand in the Detroit educational black hole? Educational advice? No way. Unless you’re trying to lose a lot of money, real fast. It’s kind of like hiring a fat chick to be your personal trainer. Not advisable.
So why did Oppenheimer hire him? Don’t leave your money there long enough to find out.
Tags: Advisor, campaign advisor, chief educational financial advisor, Debbie Schlussel, Detroit, Detroit Free Press, Detroit school district, ENTIRE Detroit Public Schools school district, financial advisor, George Ford Elementary School, Kenneth Burnley, Major Investment Co., Mario Morrow, New York, Oppenheimer and Co., personal trainer, political consultant, principal, spokesman and advisor, United States