Treasury’s Top Candidate to Run TARP Drops Out .
Damn, is there anyone who wants a Treasury job?
WASHINGTON — The leading candidate to run the Treasury Department’s $700 billion bailout program has withdrawn his name from consideration, according to people familiar with the matter.
Frank Brosens, a hedge-fund manager and big Democratic donor, was considered the top contender to run the Treasury’s Troubled Asset Relief Program. Treasury Secretary Timothy Geithner is now considering several other candidates, including Herb Allison, who currently heads mortgage titan Fannie Mae.
Oh yeah, let’s get the Fannie Mae folks, they’ll do anything!
Mr. Brosens, who campaigned for Mr. Obama, said he withdrew his name for personal reasons, including wanting to remain at his hedge fund, Taconic Capital Advisors. “I very much wanted to find a way to serve,” he said. Among the reasons he cited for withdrawing was the need to commute between Washington and New York, where his son is in school.
Uh huh. Did he just find out that his son is in school?
Just so you know, if nominated, I will not run. If elected, I will not serve….just if you were wondering.
What would this article be without the obligatory and obvious video?
