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Senators Schumer and Gillibrand Dodge the New York Times


Hilarious. The New York Times has a piece out today on the “line” Team Obama is trying to walk in soliciting donations from the financial industry, while at the same time bashing it. And this is what New York’s Senate delegation had to add to the story:

It is one of the most delicate topics within the party these days. Two Democrats with close ties to Wall Street, Senators Charles E. Schumer and Kirsten E. Gillibrand of New York, declined to comment on Wednesday. Other lobbyists, donors and industry executives declined to speak for the record, saying they did not want to highlight internal divisions and debates.

The Times adds:

And when it comes to personnel, Mr. Obama’s White House is hardly hostile to Wall Street. Treasury Secretary Timothy F. Geithner took an early stand against proposals to nationalize ailing banks. The current director of the administration’s National Economic Council, Gene B. Sperling, and his predecessor, Lawrence H. Summers, were both veterans of Mr. Clinton’s economics team — and both worked at investment firms before joining the Obama administration.

All three men who have served as Mr. Obama’s White House chief of staff took private-sector detours through the financial industry: Rahm Emanuel (Wasserstein Perella), William M. Daley (JPMorgan Chase), and Jacob Lew (Citigroup). Two private equity executives, Richard D. Parsons, a senior adviser to Providence Equity Partners who retired last month as chairman of Citigroup, and Mark T. Gallogly, a founder of Centerbridge Partners and a top Obama donor, sit on the President’s Council on Jobs and Competitiveness.

This should be a Romney ad — let’s see if he can capitalize on it.


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