When I blogged this morning about Tom Donilon, possibly the next White House chief of staff, I didn’t mean to imply that his resume as Goldman consultant and Fannie Mae lobbyist was anything extraordinary. In fact, it seems to be a pre-requisite for the job.
The other top candidate (admittedly, this is all according to anonymous rumors published by reporters with closer ties to this White House than I have) is Ron Klain, currently the VP’s chief of staff, and thus the senior member of Joe Biden’s Merry Band of Lobbyists.
Klain, like Donilon, was a lobbyist at O’Melveny & Myers, representing Fannie Mae on “regulatory issues.” Again, that meant it was his job to make sure Congress wasn’t putting new curbs on what this taxpayer-guaranteed agency was doing.
Klain’s other clients include Time Warner, the Coalition for Asbestos Resolution, ImClone, and USAirways.
And Rahm, like Donilon, was also a Goldman consultant back in the day.
Now you know what I mean when I Fannie Mae was a taxpayer-backed slush fund for well-connected Democrats.