General Discussion
In reply to the discussion: Does the White House Really Think People Are That Stupid? [View all]lunasun
(21,646 posts)Prior to joining the Obama administration, Froman was a managing director at Citigroup, where he managed infrastructure and sustainable development investments.[10] He also served as President and Chief Executive Officer of CitiInsurance, head of Emerging Markets Strategy at Citigroup and a Fellow at the Council on Foreign Relations.[7] He also spent much of his career within the United States Department of the Treasury,[7] where he served as Chief of Staff between January 1997 and July 1999, and as Deputy Assistant Secretary for Eurasia and the Middle East. As Deputy Assistant Secretary his work related to economic policy towards the former Soviet Union and Central and Eastern Europe, as well as economic components of the Dayton Accords.[7] Between January 1993 and December 1995, Froman was director for International Economic Affairs on the National Economic Council and the National Security Council.[7]
Froman and Obama were not in touch after their time at Harvard until Obama's Senate run when Froman volunteered to advise Obama on policy and introduced Obama to Robert Rubin, whom Froman had followed from the Treasury Department to Citigroup after the Clinton administration.[9] He also served on 12-member advisory board of the Obama campaigns transition team.[2]
President Bill Clinton said he made a mistake listening to Rubin and Larry Summers on derivatives Wonder what Obama will regret down the line