Comment of the Day: Robert Waldmann: "I will NOT give Elaine Kamarck credit for going after Obama for not going after Wall Street. This is the same Elaine Kamarck who wrote a paper advocating for Fannie Mae shareholders:
Take the paper by Shapiro and Elaine Kamarck, touted as the independent views of officials from both the Obama and Clinton administrations, that comes to the conclusion that the hedge funds ought to be paid dollars for the shares of Fannie Mae they bought for pennies... https://www.huffingtonpost.com/entry/vulture-fund-lobbying_us_57350001e4b077d4d6f2a374
Now after serving as a hack and one of the vultures' vultures she is utterly shameless enough to accuse Obama of going easy on Wall Street. This woman has no integrity and not useful role in any discussion. Her dismal record of advocating welfare reform for purely partisan political reasons might not be enough to earn exclusion from polite society, but the gross, monstrous, appalling hypocrisy she recently displayed is too much. The Niskanen Center tainted itself by offering her a platform. If hacks who sell out can keep their ill gotten gains and their reputation, then the debate will continue to be contaminated by mercenaries...