Bush Regime Creature Now Shilling for Financial Firms

June 29th, 2009

With the Obama regime crawling with Wall Street Shills, this should make for a successful partnership in crime.

Via: Mother Jones:

The strategic communications specialist advising a financial industry effort to enhance Wall Street’s image has plenty of experience in spinning the American public: In the Bush White House, he was one of the aides in charge of the administration’s fact-bending campaign to sell the Iraq War.

Bloomberg reported on Thursday that Jim Wilkinson, a one-time senior aide to former Treasury Secretary Henry Paulson, is part of a campaign, spearheaded by the Securities Industry and Financial Markets Association (SIFMA), to quell the upsurge of “populist” anger directed at the financial sector. But the story leaves out an important part of his résumé: He’s a GOP PR operative with a history of disseminating misleading information and once served as the deputy communications director in the Bush White House.

Wilkinson is now fighting a new information war, on behalf of embattled finance firms yearning for the days when million-dollar bonuses and luxury retreats were none of the public’s business. The pair are part of a Brunswick team that’s devising SIFMA’s PR campaign, which earns the company a retainer of $70,000 a month. The strategy, according to documents obtained by Bloomberg, calls for a “city-by-city, grass roots” effort targeting such international hubs as New York, London, Washington, and Brussels. The goal: to convince the public that Wall Street is open to reform, and is part of the solution, not the problem. But what does it say about Wall Street’s commitment to change that it turned to a man notorious for misleading PR campaigns to sell the US public on its transformation?

Research Credit: ottilie

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