Friday, January 7, 2011

All Bankster, All the Time

It appears that President Obama will make it official later today and name Gene Sperling head of the National Economic Council.

Sperling brings to his position solid bankster credentials, including earning $887,727 from Goldman Sachs in 2008 and receiving $158,000 for speeches mostly to financial companies.

Jason Furman will be named  Principal Deputy Director of the National Economic Council and Assistant to the President for Economic Policy. As for Furman's bankster credentials, he took leave from the Brookings Institution to become the Economic Policy Director of Obama for America, where he helped develop and communicate the campaign’s policies. He was a Senior Fellow in Economic Studies and Director of the Hamilton Project at Brookings. The Hamilton Project should be considered a bankster farm team operation. Founded by Robert Rubin, The Hamilton Project, in addition to Furman, is where Peter Orszag hung his hat before becoming head of the Office of Management and Budget (Which he then left for a position at Citigroup).  The current OMB head is Jacob Lew, who was on the Hamilton Project Advisory Board.

1 comment:

  1. Jason Furman ties back to Stiglitz and the World Bank. RW: is microfinancing a pre-requisite for these positions or is it just that pervasive?