Taking a rare break from their usual pro- felon slant, the Globies have come down hard on our favorite Finne-felon, calling into question a secret bonus he received just before departing from the Massachusetts Biotechnology Council.
Once again underscoring the corrupt nature of our state’s political clique, the amount of the bonus remains secret and Tommy Tune Out isn’t talking:
Former Massachusetts Biotechnology Council president Thomas M. Finneran, who was forced to give up the job after pleading guilty to a felony early this year, said he received a performance bonus shortly before he stepped down.
According to the industry group’s latest annual tax return, the council paid Finneran $475,904 last year, up from $416,000 in 2005. That made Finneran, former speaker of the Massachusetts House of Representatives, one of the best paid trade association executives in the state last year. Finneran said he believed his 2006 salary was $430,000, with the bonus awarded last December accounting for the rest.
“The MBC board felt that we had shown superlative performance as an organization,” said Finneran, who now hosts a morning radio talk show on WRKO-AM. “It was, in their opinion, the best year that the council had ever had.”
Despite Finneran’s legal problems, he is widely credited with raising the group’s profile and boosting membership to about 500 companies. Finneran cited two other council executives, Eustacia Reidy and Mark Robinson, with helping the group meet or surpass all its goals. Reidy and Robinson recently resigned. Finneran left the council in January after pleading guilty to a charge of obstruction of his justice for giving false testimony in a 2001 court case over voter redistricting, when he was still speaker.
The documents do not indicate precisely how much severance pay Finneran received when he stepped down, because the tax forms only cover the 2006 calendar year. Finneran called the amount “fairly modest,” but he would not specify an amount. In January, the Globe reported he was slated to receive $100,000 to $150,000 in severance.
Isn’t it interesting how Finneran manages to remain such a well- paid charity case?
Other than defending other corrupt and ineffective politicians, what has he accomplished? And with rock bottom ratings after almost a year at WRKO, he certainly hasn’t built a radio audience.