Streams

 

Peter Orszag

WNYC News

Financial 411: The Revolving Door Between Government and Banking

Thursday, April 14, 2011

The revolving door between government and banking has been blamed for poor regulation.

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WNYC News

Former Obama Budget Director Orszag Joins Citigroup

Thursday, December 09, 2010

Citigroup announced Thursday that former budget director Peter Orszag has joined the bank as a vice chairman in its global banking business. 

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WNYC News

Transparency, the Latest

Wednesday, February 25, 2009

Craig Jennings, the federal fiscal policy director at OMB Watch, still has concerns about the level of transparency in the stimulus bill. Tracking on Recovery.gov will be 'pretty useful,' he says -- 'but not ideal.' For example the level of disclosure only requires contract summaries down to the subcontractor level. Say New York gets federal money (making New York the contractor) for a bridge. The contractor building the bridge -- e.g. ABCXYZ Construction -- is the sub, and the contract summary stops there. If ABCXYZ hires Concrete Boots to provide the asphalt, we won't necessarily know. Moreover, if the state gives money to the city, the city is technically the sub, and that contract trail ends.

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