Ed Driscoll

Time to Short Amazon? Jamie Gorelick Now Onboard

What could go wrong?  Just as I was ripping a few more CDs to upload to the Amazon cloud, comes ominous news indeed from Doug Ross that the “Amazon board adds Jamie Gorelick, former Fannie Mae and DOJ official.” That PR-style headline from Geek Wire hides the fact that, as Doug writes, “Gorelick is best-known for her leading roles in two epic, trillion-dollar catastrophes, which earned her the nomme de guerre ‘The Mistress of Disaster:'”

It’s not often that one person plays key roles in two — count ’em, two — trillion-dollar disasters. Welcome, my friends, to the world of well-connected Democrat Jamie Gorelick.

You’ve been warned.

Third time’s the charm! Though if Gorelick does to Amazon what she did to Bill Clinton’s nascent non-war on terrorism and then to Fannie Mae, they’re in heap big trouble. Amazon has run roughshod over first Borders and then Best Buy — what happens to the Internet if the 800 pound gorilla of online retailing falls?