Fed Hires Enron Lobbyist to Polish Image

by Dual Income No Kids on June 6, 2009 · 0 comments

Hi All,

Just saw this at Bloomberg. Evidently the Federal Reserve Bank has been getting a lot of criticism on Capital Hill. They’ve hired – and get this – a former Enron Lobbyist to try to improve their image.

Here is the text from Bloomberg.

Linda Robertson currently handles government, community and public affairs at Johns Hopkins University in Baltimore, and headed the Washington lobbying office of Enron Corp., the energy trading company that collapsed in 2002 after an accounting scandal. She was also an adviser to all three of the Clinton administration’s Treasury secretaries.

Robertson would help the Fed manage relations with lawmakers seeking greater oversight of a central bank that has used emergency powers to prevent Wall Street’s demise. While she wasn’t tied to Enron’s fraud, her association with the firm may raise questions, analysts said.

Full article is here.

Best,

James

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