La-La-La-La, It’s Going To Take More Than Even That To Get Me Not To Vote For Thompson

Look, the guy has one of the shittiest jobs in city government, given the last couple of years, but you just can’t cut him any slack now, can you:

The New York city comptroller, William C. Thompson Jr., is staking his mayoral campaign on his skills as a financial manager, which he says are exemplified by his supervision of the nation’s largest municipal pension system.

But a review of how the $80 billion system has performed since he took office shows it has consistently lagged behind many of its public pension peers even as the city tripled the number of money managers it uses and the fees that it pays those firms.

Over the last seven years, four of the five city pension funds performed below the median for similar funds around the country. In fact, more than two-thirds of the nation’s large pension funds did better than the city’s largest fund, the New York City Employees’ Retirement System, the data shows.