Over the years, I've had various contacts with Gene Sperling, who was introduced by President Obama today as the new director of the National Economic Council, replacing Larry Summers. I don't know him well. But the sudden "controversy" surrounding Sperling--the charge that he is in thrall to Wall Street because Goldman Sachs paid him to run an anti-poverty program--surprised me, since anyone who knows him at all, or has been spun by him, or has read his book or magazine writing, would pretty quickly conclude that he is the furthest thing from a Wall Street lackey; he is, in fact, an utter policy wonk and creature of Washington; and is eminently suited to the position not least because he held it under the last Democratic president.
How to Understand Gene Sperling
Just read this