Connecticut Treasurer Denise L. Nappier formally launched her 2006 re-election campaign today, stressing successful efforts to bring much-needed reform, achieve solid financial results and promote responsibility in Treasury operations and corporate America.
The Hartford native, seeking her third term, said her administration is using the clout of the Treasury “to make a difference in people’s lives. From the kitchen tables of Connecticut to corporate board rooms around the world, we’re working to improve the quality of life for the people of our great state, to help them build a better financial future.” (Nappier)
All right. But there's this:
The state treasurer's office has failed to post thousands of cases totaling $151 million in unclaimed property on its Web site - property that owners could otherwise have claimed - since July 2004, according to a state audit released Friday.
Auditors Kevin P. Johnston and Robert G. Jaekle also found that owners trying to claim stock proceeds too often receive inaccurate payments because of the incomplete database, and may wait "well beyond" the 90-day limit set by law, with some claims dating back seven years.(Phaneuf)
Considering the damage her predecessor did, that isn't so bad, I suppose. Other than that, Nappier has had a pretty solid tenure, though it's been nothing particularly outstanding.
There are some rumors flying around that she may run for mayor of Hartford next year, but for now it seems like she's focusing on winning a third term as treasurer.
Opposing her could be either former Democrat Frank Lecce, who was defeated by Nappier in a primary in 1998, or, more likely, East Windsor First Selectwoman Linda Roberts. Gov. Rell has reportedly expressed a desire for more women to be on the underticket. Roberts would make the count at least two (Cathy Cook is probably running for Comptroller).
The Republicans didn't pose much of a threat to Nappier in 2002, and they probably won't this year, either. Expect her to stick around for at least another year, maybe four if she opts out of the Hartford mayoral race.
"Nappier Announces Candidacy for Re-Election." Press Release. Nappier for State Treasurer 2006, 12 May, 2006.
Phaneuf, Keith. "State is sitting on public's money,Treasurer fails to disclose more than $150 million in unclaimed property." Journal Inquirer 24 March, 2006.