Friday, April 17, 2009

Another Personnel Problem?

It looks like Steven Ratner, the auto czar, may have some problems. Word has it that he is being investigated for bribery. David Rothkopf has some tough words to say about the Obama administration's difficulties in staffing, especially in the financial area. He concludes
There are too many ties. There is too much in-breeding. There is too much Wall Street group-think. There is not a sufficient diversity of views. There is not a recognition that in times like these with the stakes and the costs to everyone so high, there can be no real or apparent conflict of interest of any time. Rattner, who has long aspired to high office, should have known that at Quadrangle. The economic team needs to get wise to it now.
This ties in with my earlier post today.

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