Yet ANOTHER Geithner pick takes a pass

[angelatc]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aj5RPnvjvj9k&refer=home


March 24 (Bloomberg) -- A hedge fund manager who was Treasury Secretary Timothy Geithner’s choice to run the office overseeing the $700 billion bank bailout program withdrew his name from consideration.

Frank Brosens, a founding partner of Taconic Capital Advisors LLC, confirmed in an e-mail he is no longer in the running for the job, which requires Senate confirmation.

Geithner is having difficulty filling vacancies and is President Barack Obama’s only confirmed appointment at the department as the administration grapples with the biggest financial crisis since the Great Depression.

Even the hedge fund managers won't touch it with a 10 foot pole. I guess he probably paid his taxes.

[mconder]

Geithner is having difficulty filling vacancies and is President Barack Obama’s only confirmed appointment at the department as the administration grapples with the biggest financial crisis since the Great Depression.

It's like being appointed by Stalin. You know exactly where you're headed if things don't work out right.

[Zippyjuan]

A lot of people are complaining about the vetting process to be nominated for jobs in the Obama administration. The list of questions they are asked to answer is said to be over 100 pages long and they are also doing a thurough IRS audit. I read that one person spent some $45,000 on their own nomination process.