Obama's Financial Dream Team

The New York Observer takes a look at the prominent New Yorkers whose support for Barack Obama could translate into a cabinet post if he wins Tuesday’s election. Here’s who the paper says could be in line to take a major pay cut.

  • Timothy Geithner, the president of the Federal Reserve Bank of New York
  • Former Treasury secretaries Robert Rubin and Lawrence Summers
  • Jamie Dimon, chairman and CEO of JPMorgan Chase & Co
  • Governor Jon Corzine of New Jersey, former CEO of Goldman Sachs
  • Michael Froman, a top executive at Citigroup, who served as Mr. Rubin’s chief of staff at Treasury
  • Jamie Rubin, the son of the former Treasury secretary, and an accomplished investor in his own right
  • Josh Steiner, the founder and managing principal of New York City-based private investment firm Quadrangle Group and a onetime chief of staff at Treasury
  • Josh Gotbaum, the former chief executive of the September 11 Fund who has worked for the Carter and Clinton administrations and Lazard Frères
  • Seth Harris, a faculty member of the New York Law School and a former counselor to the secretary of labour in the Clinton administration
  • Kevin Thurm, an executive at Citigroup, former Rhodes scholar and a former deputy secretary and chief operation officer of the U.S. Department of Health and Human Services.
  • Orin Kramer, a financier at Boston Provident, a former aide in Jimmy Carter’s administration and a prodigious fund-raiser
  • Robert Wolf, an investment banker and CEO of UBS Americas
  • Mark Gallogly, a private-equity expert who used to work for Blackstone
  • Hedge fund manager Jim Torrey
  • Provident Group managing director Brian Mathis
  • Frank Brosens, who runs Taconic Capital Advisors and is seen as very close to Bob Rubin

Huffington Post contributor Mark Nickolas added the following names to the mix:

Sheila Bair, head of the FDIC; Eugene Ludwig, CEO of Promontory Financial Group and former currency comptroller; Laura Tyson, Cal Berkeley business school professor and Obama economic advisor—all Treasury Secretary candidates.

Austan Goolsbee, University of Chicago business school professor and Obama economic advisor; David Cutler, Harvard economics professor and Obama advisor—both potential appointees to the Council of Economic Advisers.

One person who should not sit around waiting for a call from Barack is Mayor Bloomberg. He kissed his chances at a cabinet post goodbye when he decided to recommit to a third term as mayor, the Observer says.

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