Skip to comments.Obama picks restructuring expert to take over IRS
Posted on 08/01/2013 2:23:06 PM PDT by SeekAndFind
WASHINGTON (AP) -- President Barack Obama has chosen a retired corporate and government official with experience managing numerous organizations in crisis to take over an Internal Revenue Service under fire for targeting political groups.
Obama said his nominee for commissioner of the tax agency, John Koskinen, "is an expert at turning around institutions in need of reform."
"With decades of experience, in both the private and public sectors, John knows how to lead in difficult times, whether that means ensuring new management or implementing new checks and balances," Obama said in a statement. "Every part of our government must operate with absolute integrity and that is especially true for the IRS. I am confident that John will do whatever it takes to restore the public's trust in the agency."
Koskinen came in to overhaul mortgage buyer Freddie Mac after its near collapse in the financial crisis at the end of the George W. Bush administration. The 74-year-old also helped restructure the assets of the largest failed life insurance company in U.S. history, Mutual Benefit Life, and reorganize the Penn Central Transportation Company after it became the largest bankruptcy in U.S. history.
His government experience includes handling preparation for the Year 2000 challenge for President Bill Clinton and helping restore the District of Columbia to financial stability after years of mismanagement as city administrator from 2000-2003.
(Excerpt) Read more at finance.yahoo.com ...
Funny how the IRS worked perfectly well for decades prior to 2009........
John Koskinen must have the master key to all of the shredding machines.
I dunno....when did the IRS become a union shop?
74 yrs old. Who says there’s no jobs for old people?
I had his brother as a college engineering prof....
I am sure he will start by firing those who were responsible for targeting conservatives, right?
No? Then he will suspend them without pay, right?
No? He will try to slow down their promotions, right?
After the perps are all arrested and sent to prison they can restructure.
That’s like saying you’re going to have contractors come in to re-model your house while it’s being investigated as a crime scene.
He was Deputy Mayor of Wash DC.
Form your own conclusions.....
74 year-old????? Aren’t there any more vital, younger professionals who could do this? This fellow could stroke out at any moment...and probably will at some opportune moment during testimony in front of investigators.
It needs to be shut down permanently. Evil is rampant in that organization.
They're probably counting on it. At the very least, they can plausibly make him "unavailable due to a medical emergency" whenever they need to, and explain away convenient memory lapses.
But Baraq, you said it was a 'phony scandal'. Why do you need a reformer, then?
It's been needing to happen since 1934.
The added benefit of doing that is Obamacare goes away, because there is no enforcement.
Since nobody in Congress wants to attack the thing or funding of the thing, doing away with the enforcement mechanism seems like an excellent idea to me.
Yeah. That’s the ticket. Reform them. I have no idea how they got so corrupt./sarc
No, it didn't. It's always been rife with corruption and egotistical bureaucrats willing to steal more of your money.
One heartbeat away from taking Marion Barry’s place. This is too good.