March 13, 2009

HMM: So Why DID H. Rodgin Cohen Withdraw as Treasury’s No. 2? Press Is Curiously Not Curious. On the other hand, a colleague of mine who knows this stuff says that he is to banking law what the Dalai Lama is to religion. But this media observation seems on-target: “I suspect that investigation and speculation would have run rampant if a Republican president had pulled the nomination of someone like Cohen; witness the feeding frenzy that followed Bush Homeland Security nominee Bernie Kerik for several days in 2004 even after his nomination was pulled. Instead, we’re supposed to just let this Cohen thing go and move on.”

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