March 20, 2009


Geithner Aide Lobbied Against Bill to Curb CEO Pay

David Corn: "Treasury Secretary Timothy Geithner's chief of staff -- a former Goldman Sachs lobbyist -- lobbied against a bill to curb CEO pay. And guess who introduced the bill. Yes, Barack Obama, when he was a senator. That is, a Washington influence-peddler named Mark Patterson who worked against Obama's effort to limit excessive corporate pay is now a key member of the Obama administration team that is supposed to contain excessive compensation in the AIG case and in general. Talk about the revolving door spinning wildly."


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