Obama Picks Up Paterson’s Former Economic Development Chief Lago


lago 0 0 Obama Picks Up Patersons Former Economic Development Chief LagoApparently, President Obama is still welcoming résumés with “Paterson administration” on them.

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Marisa Lago, the CEO of the state’s economic development agency, who quit amid frustrations, has been nominated for a high position in the Treasury Department, as the assistant secretary for International Markets and Development.

The move, which was announced by the Obama administration Thursday, came three months after Ms. Lago quit her state job, a move that itself came just eight months after she took it. (More on the infighting and systemic problems within the state development agency, the Empire State Development Corporation, in a feature story written back in May.) 

Prior to the job at ESDC, Ms. Lago was an executive at Citigroup and before that, she led the international affairs office at the Securities and Exchanges Commission.