ETF Trends
ETF Trends

By Kathleen McBride via Iris.xyz

Why should we think the head of a private equity company could effectively “fix” US Intelligence?

It is not apparent that this individual is even remotely qualified to fix the US intelligence apparatus. And it’s debatable that it is even broken, except in the eye of someone who seems afraid the intelligence community might uncover – or already has – information that would embarrass Donald Trump and his campaign associates – or worse.

Trump wants to bring in a crony who supported his election campaign to revamp the US intelligence services. He’s proposed Stephen Feinberg, CEO of private equity firm Cerberus Capital Management. Cerberus – the dogs that guard the gates of Hell. Cerberus reportedly looks for distressed companies to buy on the cheap.

Click here to read the full story on Iris.xyz.