Governor Pawlenty becomes a lobbyist for Wall Street

Given other global and local events, this bit of news did not get much air-time, but Tim Pawlenty, the ex-Governor of Minnesota who was hoping to be selected as the VP running mate of Mitt Romney, quit as the co-chair of Romney's campaign to become the chief executive for Financial Services Roundtable, a Wall Street lobbying company.

 C. Wright Mills would have been surprised!

Governor Pawlenty becomes a wall street lobbyist

"WASHINGTON - Former Gov. Tim Pawlenty on Thursday ruled out a run for political office in Minnesota in 2014, leaving Republicanswithout a top prospect in what are expected to be competitive races for U.S. Senate and governor.

Advisor Brian McClung told The Associated Press that Pawlentyruled out the races as he prepares to take a new job as chief executive of The Financial Services Roundtable, a Wall Streetlobbying group."  (www.newsday.com)

"Pawlenty was rumored to be a contender for both the Republican president and vice president nominations during the 2008 election, and he officially sought the 2012 Republican presidential nomination from May to August 2011. After withdrawing from that race, he became a finalist to join his party's nominee on the 2012 ticket as its vice presidential candidate.^[2] Pawlenty was not selected as Mitt Romney's vice presidential candidate, but served as co-chair of Romney's campaign. He subsequently quit Romney's campaign to become a Washington lobbyist for financial institutions.^{[3]" (wikipedia)}