Is this a good PR move? Arthur Levitt has generally been praised as an investor advocate since stepping down as chairman of the SEC in 2001, after serving for eight years. That makes him the longest-running chairman ever at the SEC. He's been a constant media presence since then.

Now he will join Goldman Sachs as an advisor on public policy and strategic issues. There is plenty of fodder here for the cynics, who might charge that Goldman Sachs is trying to buy itself some credibility. But I think it's a good move. It's not like a pharmaceutical industry gadfly accepting a PR job. I do not think he'll be expected to shill for the company. Certainly, you will get nothing critical of the company out of him, but people rarely got that anyway. 

For more:
- here's the article

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