Thursday, April 17, 2008

Ken Mehlman Joins PEU Boys, Celebrate Good Times, C'mon!

Ex-Republican National Committee head Ken Mehlman parlayed his political experience into a high dollar job with Kohlberg, Kravis & Roberts, a huge private equity underwriter (PEU). PRNewswire reported:

Kenneth B. Mehlman, noted counselor on national legislative and public affairs initiatives, will join the firm (KKR) as Managing Director and Head of Global Public Affairs, a new position. Mr. Mehlman will focus on constructive outreach to the numerous stakeholders of KKR and its portfolio companies around the world, including relationships with governments, third parties, and NGOs.

Translated, it means Ken will use his insider political influence to steer large amounts of government work to KKR subs. The military industrial complex morphed into a government industrial monstrosity (GIM). Given the GIM's rage filled growth, one might think it's on steroids. Ken's background as a pusher of candidates certainly qualifies him to supply that list of governments, third parties and NGO's.