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21 October 2010

Why is Obama putting a Fannie Mae/Goldman Sachs lobbyist/consultant as NSA? | Washington Examiner

"Obama last week tapped Tom Donilon as National Security Advisor. What’s Donilon’s resume? I summarized it when folks floated his name as potential White House chief of staff:
He was a top lobbyist at Fannie Mae during the housing bubble, when Fannie fought — with Democratic help — to avoid any restrictions or curbs on its work to inflate home values and get more people under mortgage. Before that, Donilon was a lobbyist at O’Melveny and Myers, where Fannie was a client.
In 2008, according to his financial disclosure forms, Donilon was a paid consultant for Citigroup, Goldman Sachs, and Apollo Investments."

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