I'm having a brainfart -- but isn't the GAO head who just stepped down going to work for Blackstone? Wait -- found the link --
http://ap.google.com/article/ALeqM5jbeaTdw_Q7qsD6fkHRLxUo9PT1GAD8UQSES80GAO Chief to Resign
Feb 15, 2008
WASHINGTON (AP) — David M. Walker, head of the Government Accountability Office since 1998, is resigning to become president of a new $1 billion private research foundation, the GAO said Friday.
Walker, 56, will step down as GAO comptroller general on March 12 to take over as president and chief executive officer of the Peter G. Peterson Foundation.
Peterson, senior chairman of The Blackstone Group and former Commerce Department secretary, has pledged to contribute $1 billion over the next few years to the foundation, which is to focus on such national sustainability issues as entitlement program and health care costs, trade and budget deficits, energy consumption and the education system.
"My new position will provide me with the ability and resources to more aggressively address a range of current and emerging challenges facing our country," said Walker, who was previously a partner with Arthur Andersen LLP and served as Assistant Secretary of Labor for Pension and Welfare Benefit Programs.
Wonder how this news will effect his new job?