Friday, January 18, 2013

TEAB: RELEVANCE

Obama should close down TEAB

Warren Buffet’s invested firms have business interests in making apparels in Asia, Morocco and the Carribean. Anne Mulcahy, member TEAB, is the Chairman of Xerox, which outsourced manufacturing of low end printers and copiers through Singapore-based Flextronics International Ltd.

The fact is, we guess Obama has probably already realised this. One reason why his meetings with TEAB, well, are not held of late. And surprise, surprise, Obama now has a fully active Presidential Economic Recovery Advisory Board (PERAB) that he meets very regularly to push his moves to improve and hasten the American economic recovery. Guess how many members from the TEAB are there in the PERAB? Five! Buffet, Rubin, Mulcahy, all find themselves eased out. If this much is already done, then it’s time for you Obama to formally disband and disengage the skew-minded TEAB!


Source : IIPM Editorial, 2012.
An Initiative of IIPMMalay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).

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