President Obama Announces More Key Administration Posts

[demmiblue]

Source: The White House (whitehouse.gov)

WASHINGTON – Today, President Barack Obama announced his intent to nominate the following individuals to key Administration posts:

* Martin J. Gruenberg, Chairman, Board of Directors of the Federal Deposit Insurance Corporation
* Ken Kopocis, Assistant Administrator for the Office of Water, Environmental Protection Agency


President Obama said, “I am honored that these talented individuals have decided to join this Administration and serve our country. I look forward to working with them in the months and years to come.”

Read more: http://www.whitehouse.gov/the-press-office/2011/06/10/president-obama-announces-more-key-administration-posts

[northoftheborder]

1. anyone know anything about Kopocis?

[demmiblue]

3. I don't... and Google is not helping!

I am sure someone here can shed some light on Kopocis.

[arcane1]

2. I admit, I was nervious about clicking the link

but their history, as shown at the link, wasn't too bad at all! :)

[Lucky Luciano]

4. So, you're saying the Repubs will block these appointments? nt

[bluedigger]

5. I'll just have the mods end this one now, then.

I think that covers it.:rofl:

[arcane1]

8. Screw the repubs, I was just hoping they weren't from Monsanto :)

[msongs]

6. any of them non-corporate democrats? nt

[northoftheborder]

7. Kopicis background

Kenneth Kopicis is Senior Counsel for the House Transportation and Infrastructure Meeting; I can't find any other info. or education records to make him particularly suitable for this position.

[No Elephants]

9. Both lawyers, but

these guys seem more bureaucratic than corporate.

Their resumes seem thin. However, Gruenberg's wiki notes he played a major role in the Gramm-Leach-Bailey Act, which repealed Glass Steagall, said repeal having paved the way for the crap mortgage derivatives that brought down the global economy in 2008.

I don't know know if or how much he can be faulted for that cataclysmic legislation (still in effect, btw), given he was counsel for legislators, not himself a legislator. His job was to work on what legislators wanted. However, if he failed to foresee the potential for disaster and warn them of it, that is his responsiblity.

He also had a lot to do with the Financial Institutions Reform, Recovery, and Enforcement Act of 1989, the Federal Deposit Insurance Corporation Improvement Act of 1991 and the Sarbanes–Oxley Act of 2002. I cannot claim familiarity with these, but, based on their wikis, they seem okay and Sarbanes Oxley (Gruenberg worked for Sarbanes) seems much better than okay.

http://en.wikipedia.org/wiki/Financial_Institutions_Reform,_Recovery,_and_Enforcement_Act_of_1989
http://en.wikipedia.org/wiki/Federal_Deposit_Insurance_Corporation_Improvement_Act_of_1991
http://en.wikipedia.org/wiki/Sarbanes-Oxley_Act_of_2002