Word: malonee
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After six years of managing the state's finances, Malone has done both.
Axing state employees left and right, Malone has straightened out the lottery, vastly expanded pension plans for state workers and regained respectability for the state's once-dismal bond rating.
BOSTON--Ever since he became State Treasurer, Joseph D. Malone '78 says his mother has been a little worried.
"I remember my mother calling me and saying, 'Joe, of my seven children, you were the one who always got along with people. Now, I pick up the newspaper everyday and I read about a new battle that you're engaging in,'" Malone says.
Malone stormed into the State House determined to clear the arteries of a slow and costly state government--even if it meant making a few enemies.