It urges the FMA's finance committee to hire state Rep. Mike Fasano, R-New Port Richey, to manage the FMA's investment portfolio. He may also serve as the Council Chair of the Council that oversees the various health care committees of the House of Representatives. A call to Mortham inquired as to whether the FMA has hired Fasano. There would be no reason to hire him unless his company could produce a competitive product, she insisted. Asked if she could see any potential for a conflict of interest, the response was quick.
Legislators have outside careers.
Ah, yes, and Fasano works for a brokerage in Port Richey. Surely every Tallahassee business hires Port Richey brokers to handle their investments. This is one of the problems we have with a part-time Legislature. Fasano says he was unaware of the memo and believed his firm was not going to get the job. He said someone at the FMA solicited him to make the presentation.