Now we have an EDF co-conspirator nominated as secretary of commerce. Best to let Bryson take the Lubchenco/Krupp way out and not testify -- but in his case, for lack of a confirmation hearing.
Obama's brief nomination announcement late last month recited Bryson's electric utility credentials and said the former executive would "add a business outlook to his inner circle."
But Bryson's resume neglected to mention that in August 2008, he joined the global private equities firm that pioneered Gordon Gekko-style leveraged buyouts, Kohlberg Kravis Roberts & Co, as a senior adviser.
And we missed the press release from two months earlier -- coincidence, no doubt -- that said, "Kohlberg Kravis Roberts & Co. and Environmental Defense Fund Announce First-of-Its-Kind 'Green Portfolio' Partnership."
EDF earlier gave cover to KKR in the $45 billion acquisition of TXU, a Texas utility, the largest leveraged buyout in history, in return for promises to cut coal-fired plants out of the picture.
Read more at the Washington Examiner: http://washingtonexaminer.com/opinion/columnists/2011/06/obama-packing-government-big-green-ideologues#ixzz1PjDmcgvx
Read more at the Washington Examiner: http://washingtonexaminer.com/opinion/columnists/2011/06/obama-packing-government-big-green-ideologues#ixzz1PjDU0oZ6
