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Wow, If You Doubted That Obama Was Going Corporate, Look Who’s Replacing Volcker

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Joe Weisenthal
Business Insider
Jan 21, 2011

That’s right, it’s him —- >Wow, If You Doubted That Obama Was Going Corporate, Look Who’s Replacing Volcker jeff immelt ge

The GE CEO has been tapped to replace Paul Volcker as head of Obama’s recovery panel.

In a Washington Post op-ed, he writes his “blueprint for keeping America competitive.”

It comes down to three areas:

  • Manufacturing & Exports
  • Free trade
  • Innovation

Details are incredibly scarce, but then it doesn’t really matter. Just the symbolism of the GE CEO replacing the man who gave us the Volcker rule couldn’t be more crystal clear.

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This article was posted: Friday, January 21, 2011 at 5:32 am





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