Weisel for state treasurer

ryanteaguebeckwith — Mon, 06 Aug 2007 10:31:51 -0400

Michael Weisel is running for Democratic nomination for state treasurer.

In an e-mail sent to Democrats on Sunday, the Raleigh attorney said he wanted to be state treasurer to protect North Carolina's AAA bond rating, to protect the integrity of the pension funds, to make sure children have financial literacy and help families afford college, Rob Christensen reports.

"I believe the job of state treasurer is more than just managing money," Weisel wrote. "It's about helping people to manage their own futures," Weisel writes.

Weisel, a former money manager and former Wake County Democratic chairman, unsuccessfully sought the Democratic nomination for treasurer in 1996 against incumbent Harlan Boyles.

The decision by state Treasurer Richard Moore to run for governor next year, has set off a scramble for treasurer. Among the Democrats looking at the race are state Sen. Janet Cowell of Raleigh; Chris Mintz, president of Mintz Investments in Raleigh; David Young, Buncombe County commissioner; and Carranza Pryor, a lawyer at TIAA-CREF in Charlotte.

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Weisel for state treasurer