On Thursday, Treasury Secretary Jack Lew hosted, what the Treasury called "a roundtable with thought leaders and investors to discuss the state of the economy and infrastructure investment."
The meeting appears to have been really about plotting on how to divvy up taxpayer money on crony government infrastructure deals. EconomicPolicyJournal.com has obtained the list of the 14 outside attendees.
Goldman Sachs had a representative at the meeting, as did BlackRock and Morgan Stanley. McKinsey & Company had two representatives. Most instructive as to the purpose of the meeting is that representatives of Global Infrastructure Partners, Balfour Beatty Infrastructure Partners and Stonepeak Infrastructure Partners were in attendance.
The Goldman Sachs representative was Ed Pallesen, who is head of the Infrastructure Investment Group for the Americas at GS. McKinsey representative, Tyler Duvall helped develop the Travel, Infrastructure and Logistics practice. McKinsey representative Robert Palter leads the global Infrastructure Practice.
Here is the entire list of attendees:
Dolly Mirchandani, Allen & Overy
D.J. Gribbin, Macquarie Group
Jim Perry, Morgan Stanley
Ed Pallesen, Goldman, Sachs & Co.
Nicolas Rubio, Cintra
Robert Keough, Balfour Beatty Infrastructure Partners
Denis Hughes, Stonepeak Infrastructure Partners
Matt Fabian, Municipal Market Advisors
Erik Savi, BlackRock
Bruce MacLennan, Global Infrastructure Partners
Tyler Duvall, McKinsey & Company
Rob Palter, McKinsey & Company
Janet Kavinoky, U.S. Chamber of Commerce
Kevin DeGood, Center for American Progress
This is why Kavinoky was invited to the meeting:
Of note, Walter Block, author of The Privatization of Roads and Highways: Human and Economic Factors, was not invited to the meeting.