Klain [helped in] convincing Congress and Fannie Mae’s regulators that Fannie Mae wasn’t doing anything dangerous, and wasn’t exposing taxpayers to risk. In other words, Ron Klain got paid to help fuel the housing bubble up until a couple of years before it popped.
Represented a company facing asbestos-exposure lawsuits, the embattled drugmaker ImClone and two companies trying to win support for large mergers.
What’s he going to do … lobby to convince Congress that Ebola is not that big a risk?
Klain is also a major Democratic operative, serving as Chief of Staff for Vice Presidents Al Gore and Joe Biden. As such, it is not unlikely that he will be motivated to cover up for any missteps by Obama and CDC chair Tom Frieden.
Matt Stoller – a Democrat who knows as much about D.C. politics as anyone – notes:
Ron Klain is a fixer who is well-connected and knows his way around the exec branch. His skill is fixing PR problems, not logistics.
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