The Homa Files

Noticed that Secretary Geithner hasn’t been able to fill many direct report slots in the Treasury Department.   Hmmm. Wonder why ?

There’s the obvious: some folks don’t want to sign up with a guy who got caught ducking  his income taxes, who has stumbled in his initial prime time showings, and who has, at best, a 50/50 shot of being at Team Obama’s Christmas party.

More subtle: A high ranking finance person from real world ops — say, Jamie Dimon from JP Morgan Chase — would bring with him a team of tested, trusted stars — a cadre of key people who already buy in to his philosophy and way of doing business.

Geithner doesn’t have that expedient luxury.  He can only bring some fellow geeks from the Fed, or start the drawn out process of recruitment, selection, indoctrination, etc.  Which gets back to the obvious point — who’d want the jobs ?

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This entry was posted on March 16, 2009 at 7:45 am and is filed under Obama Administration. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.