Same as the old Boss's Board, now in black....but largely really white.
Robert Rubin, Anne Mulcahy, Richard Parsons, William Daley, Laura Tyson, Penny Pritzker, Warrent Buffet, William Donaldson, Rahm Emanuel, and James Johnson have all been picked for Obama's cabinet.
If these names seem vaguely familiar, they should; not just because I copied them out of the Bloomberg article linked to in the first sentence, but because they've all been caught up in this whole ethically-challenged financial market from the beginning.
If this is what Obama means by change in leadership, merely taking the failed leadership out of private industry and making them public, then I for one do not predict a short depression.
Even worse, NASSCOM the India outsourcing lobbyist group, has already lined up a meeting in March with the Obama administration.
high-profile Nasscom delegation will be travelling to the US in March 2009 to lobby officials of the Obama administration, influencers (Senators et al) and key thinktanks to ensure that no nasty surprises greet Indian tech majors on the outsourcing issue.
This is going on while Obama claims to put a ban on lobbyist donors to their transition team.
Registered lobbyists will be barred from contributing to Barack Obama's transition to the presidency or working for his administration in any area in which they represented clients, the president-elect's transition team announced.
But we heard that line during the campaign, all the while Google spent $750,000 in Q3 alone on lobbying, including more H-1B Guest worker Visas in the midst of the worst unemployment numbers since in 14 years.
Google's new found favors scare even other lobbyists:
Google CEO Eric Schmidt didn’t say anything as he flanked President-elect Barack Obama during his first post-election press conference. He didn’t have to.
The image alone of Schmidt standing elbow-to-elbow with Obama’s top economic thinkers was enough to send shivers up the spine of Google’s competitors.
“This terrifies Microsoft,” said a Democratic lobbyist familiar with the industry. “There’s a reason why people are scared to death of Google.”
Not that Microsoft ever went to battle for working America.
So, what kind of change did we get? Did we swap out Bill Gates for Google CEO Eric Schmidt? Did we get JP Morgan Chase now running the country of still Goldman Sachs?
Will plain old fashioned workers ever get a meeting on labor issues with the President?
Will pigs fly?