Washington, Sept. 21 (ANI): Republican Mitt Romney's bid for the U.S. presidency has suffered another setback after campaign co-chairman Tim Pawlenty announced he was quitting, leading to accusations that he was 'deserting a sinking ship'.
Pawlenty, a close ally, who was on Romney's vice presidential list, left his post to become the chief lobbyist for America's banking industry.
According to The Telegraph, Pawlenty, who had been widely expected to take a job in a Romney cabinet, hailed Romney as 'a truly good man and great leader', and stressed that he would be banned from party and political work in his new job.
However, he did not explain why he needed to leave the election campaign immediately.
"Tim Pawlenty jumps the sinking S.S. Romney," Vanity Fair magazine declared.
Jeffrey Sachs, an economist and Columbia University professor, accused Pawlenty of 'bailing ship' and said his move 'exposes the systemic corruption' between politics and big business.
"If what you are suggesting is that he thinks Governor Romney is going to lose, well, he does not think that," a spokesman for Pawlenty said.
He is due to take up his new role on November 1 and is expected to be paid about 1.8 million dollars a year, the report added. (ANI)
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