Economics

Because What Could Possibly Go Wrong With Having a Goldman Sachs Toady High up at the Treasury Department?

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Seriously, is any company more consistently well-represented in leadership positions of a Cabinet-level department than GS is at TD?

Despite President Barack Obama's pledge to limit the influence of lobbyists in his administration, a recent lobbyist for investment banking giant Goldman Sachs is in line to serve as chief of staff to Treasury Secretary Timothy Geithner. […]

Patterson is one of over a dozen recent lobbyists in line for important posts in the Obama administration, despite a presidential order severely restricting the role of lobbyists in his administration, the [National Journal] reported.

Tim Cavanaugh on GS alum Henry Paulson here.