The Media Fall for Hillary Clinton’s Gensler Gambit

New Economic Perspectives has the article The Media Fall for Hillary Clinton’s Gensler Gambit by William K. Black. While he does praise Gensler’s work during the Obama administration, he comes to the following conclusion:

Ignore the media crush on Gensler’s appointment.  As campaign CFO for H. Clinton his job is the care and feeding of the DLC’s financial base – the finance industry.  H. Clinton’s Gensler gambit is smart politics, but if you think it means she is seeking progressive advice you are being played – successfully.

You’ll have to read the article to find the details behind this conclusion.

Looking at my previous post Clinton to name former financial regulator as CFO -Bloomberg, you will see that I was almost played successfully.  However, I did show some skepticism about the appointment.  In fact, I said that I was waiting to see what William K. Black had to say about this.

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