ClevelandDesignCity

CLEVELAND, Ohio — The governing board of the Cleveland-Cuyahoga County Port Authority displayed a rare moment of candor last week when its chairman admitted that he and his colleagues had fumbled their oversight of former president and CEO Adam Wasserman.

Board Chairman Steven Williams spoke of mistakes in judgment, missed opportunities to ask the right questions, and of placing too much trust in Wasserman, while expressing a determination not make the same mistakes again.

His admissions came with the disclosure that the authority, which once helped to finance the Gateway development, Browns Stadium and the Rock and Roll Hall of Fame and Museum, is now so short of money that it might not be able to keep its own the port clear for shipping… (go to article)