Ex-Goldman Partner Has a Plan to Fix Connecticut’s Broken Economy

  • David Lehman’s hire as top adviser came despite role in crisis
  • The state is losing jobs and its economy ranks near the bottom
David LehmanPhotographer: Evan Angelastro/Bloomberg
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David Lehman’s appointment to the top economic post in the state of Connecticut was bound to cause a stir.

Not only was Lehman a partner at Goldman Sachs Group Inc., a bank whose name alone triggers outrage and cries of “Government Sachs” from its many detractors, but he helped oversee the unit that peddled those complex subprime mortgage securities that blew up during the financial crisis a decade ago. His role in the affair led to a public appearance before a fact-finding commission in Washington.

And yet, when Lehman, a decade-long Greenwich resident, reached out one day early this year to the new Connecticut governor, Ned Lamont, to express his interest in joining his administration, the response that came back was quick and emphatic: Absolutely.