Thursday, March 29, 2012

Obama's PEU Bryson to Speak at Ex-Im Bank Meeting

Commerce Secretary and former private equity underwriter (PEU) John Bryson will give remarks during the upcoming Export-Import Bank meeting.  The session will include speed dating rounds for "U.S. exporters and international buyers to network and engage in potential deal making."

Matchmaking goes beyond suppliers and sellers. 

This year we are focused on creating the opportunity for U.S. exporters to gain a competitive edge overseas by meeting face to face with potential foreign investors."
This is also how the U.S. plans to grow its population to 400 million people, despite low organic population growth.  American leaders are counting on immigration.  Who better to bring in than foreign investors?

Bryson is charged with introducing Chicago Mayor Rahm Emanuel, President Obama's former Chief of Staff.  Rahm made his fortune working for a private equity underwriter, while serving on Freddie Mac's board.  

The Ex-Im Bank meeting is a ripe opportunity for private capital, which loves public subsidy and backstopping.  The usual suspects will speak.