StanCollender'sCapitalGainsandGames Washington, Wall Street and Everything in Between

Woe Is Us! David Walker Is Leaving GAO.

15 Feb 2008
Posted by Stan Collender

The New York Times has a story this morning that former Commerce Secretary and Blackstone founder Pete Peterson is creating a foundation to, among other things, continue to promote his work of the past three decades that the U.S. fiscal sky is falling.  Buried in the story is an announcement that U.S. Comptroller General David Walker, who heads the Government Accountabiliy Office, has been hired to head the foundation.

On the one hand, this is great news.  Not only is Walker being rewarded for a spectacular work at GAO and the extraordinary courage he has shown in raising issues that few have wanted to talk about, he will now have the resources and political freedom he didn't have at GAO.

On the other hand, Dave Walker has been one of the very few inside the government to talk about the deep budget problems the U.S. will be facing in the not-too-distant future. 

David Walker is simply one of the most courageous public servants I have ever met.  He'll be sorely missed.

(On a very personal note, this change makes me feel old.  I was with Dave at a conference just as his tenure at GAO was beginning.  We had a wonderful dinner together and have remained friendly since.)

Walker Resigns

You can find more information on David Walker's resignation and documentary at the link below. He contributed to a documentary, I.O.U.S.A which talks more about the fiscal issues challenging the country. It premiered in the Sundance film festival in January. I've been trying to keep up with it. Thanks for this entry.

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