shocking headline: (yet another) Goldman Executive Named as Obama Adviser

[babbittd]

By BLOOMBERG NEWS
Published: July 18, 2009

President Obama said Friday he would nominate Robert Hormats, a vice chairman of Goldman Sachs International, to a top economic position at the State Department. Mr. Hormats, 66, will be under secretary of state for economic, energy and agricultural affairs. He was deputy trade representative from 1979 through 1981 and held other posts at the State Department throughout his career. Hillary Rodham Clinton, the secretary of state, said in a speech on Wednesday that she hoped to make economic policy and trade a larger part of United States diplomacy.

http://www.nytimes.com/2009/07/18/business/18bizbriefs-GOLDMANEXECU_BRF.html

We've gone past the point of absurdity with this ******* firm.

[blazespinnaker]

Yeah, I love how our BoCanada Chairman is ex goldman sachs as well. Talk about monoculture..

[ThePythonicCow]

President Obama said Friday he would nominate Robert Hormats, a vice chairman of Goldman Sachs International, to a top economic position at the State Department.The <a href=http://www.cceia.org/>Carnegie Council for Ethics in International Affairs</a> has the following <a href=http://www.cceia.org/people/data/robert_hormats.htm>Bio for Mr. Hormats</a> (conspiratorial emphasis, year of publications, latest publication and Amazon book links added by myself):


Robert D. Hormats is Vice Chairman of Goldman Sachs (International) and Managing Director of Goldman, Sachs &amp; Co. He joined Goldman Sachs in 1982.<br><br>Mrt. Hormats served as Assistant Secretary of State for Economic and Business Affairs from 1981 to 1982, Ambassador and Deputy U.S. Trade Representative from 1979 to 1981, and as Senior Deputy Assistant Secretary for Economic and Business Affairs at the Department of State from 1977 to 1979.&nbsp;He served as a Senior Staff Member for International Economic Affairs on the National Security Council from 1969 to 1977 during which time he was Senior Economic Advisor to Dr. Henry Kissinger, General Brent Scowcroft and Dr. Zbigniew Brzezinski. Mr. Hormats was a recipient of the French Legion of Honor in 1982 and Arthur Fleming Award in 1974. <br><br>Mr. Hormats is a visiting lecturer at Princeton University and a board member of the Council on Foreign Relations and Engelhard Hanovia, Inc. He is also a member of the Board of Visitors of the Fletcher School of Law and Diplomacy and the Dean's Council of the John F. Kennedy School of Government at Harvard University. He is a member of the International Advisory Board of Toyota and the Advisory Boards of Foreign Policy and International Economics magazines. In 1993 President Clinton appointed him to the Board of The U.S.-Russia Investment Fund. <br><br>His publications include: <a href=http://www.amazon.com/American-Albatross-Robert-D-Hormats/dp/0870782215><i>American Albatross: The Foreign Debt Dilemma</i></a> (1988), <a href=http://www.amazon.com/Reforming-International-Monetary-System-Roosevelt/dp/0871241137/><i>Reforming the International Monetary System</i></a> (1987) and <a href=http://www.amazon.com/Price-Liberty-Paying-Americas-Revolution/dp/0805087230/><i>The Price of Liberty: Paying for America's Wars from the Revolution to the War on Terror</i></a> (2008).