Monday, February 6, 2012
U.S. Treasury's Revolving Door & Chrysler
Joe: in the article below, more support for the argument I’ve been making about the revolving door. There isn’t a professional, uncorrupted bureaucracy in place that serves
’s interest. By the way the financial geniuses in the America government lost 1.3 billion in Chrysler’s so called investment. http://money.cnn.com/2011/07/21/autos/chrysler_government_exit/index.htm (July 2011) -Bob U.S.
Rapid staff turnover is raising fears that the department is precariously short of seasoned professionals
Revolving door: clusters of Treasury staff have moved together to financial companies such as Ernst & Young