Thursday, December 16, 2010

Peter Orszag's Move From The White House To Citigroup Should Definitely Trouble You

The Huffington Post reports:
Ezra Klein has a post up today that responds to James Fallows, who had "gently chided" the Washington Post for failing to publish a single story about Peter Orszag's move from the Obama administration to zombie bank Citigroup. Oh, hey, in case you are a Washington Post reader just joining us today, Peter Orszag is going to Citigroup.

Klein's take is that Orszag probably isn't going to Citigroup for the money (though, lo, he shall have some, I'm sure), leaving the possibility that he is doing it for the love, or because the lifestyle of the think-tank/academic/newspaper columnist/deep-thought haver doesn't offer the same "tempo."
Ezra Klein hasn't heard of rent-seeking as a career path?