21 August 2008

Penny Pritzker Needs to STFU

Ms. Pritzker, Barack Obama's campaign finance chairwoman was, as I've noted earlier, chairman of the board for Superior Bank of Chicago, the bank that pioneered the subprime and predatory loans as a business model, that collapsed in 2001.

It's likely that at some point this will become an issue, but to the degree that she invites reporters to cover her, as she clearly does here, she makes it even more likely.

The article is innocuous enough, it really is quite favorable, but it raises her public profile, which makes her a more likely target.

Given the current state of affairs in banking and housing, I cannot imagine anyone, in any campaign, who would not use her background against any campaign with which she was associated.

She needs to keep her head down.

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