Tag:
revolving door
Latest Headlines
Latest Headlines
Ex-Goldman Sachs employee-turned-Congressional staffer changed his name
We've discussed the problem of the revolving door when it comes to regulating the financial services industry. Most of the controversy stems from employees of government agencies quitting to work for the companies they once regulated, which raises a host of obvious legal and ethical questions.
Revolving SEC regulatory door at issue again
The revolving door that sends so many government lawyers to firms they once regulated has long been a problem across many industries. In the financial services industry, the issue is pressing all over again in part because of a recent study that found that, over the past five years, 219 former U.S
Fed derivatives reformer joins Goldman Sachs
What to make of the Bloomberg report that Theo Lubke --a 15-year veteran of the Federal Reserve Board, the man who led the effort to reform OTC derivatives practices on Wall Street--will now join Goldman Sachs? The role, apparently created for him, will allow Lubke to "work cl
Goldman Sachs hires from New York Attorney General
The revolving door from a regulatory perspective has drawn lots of attention, as the government tries to crack down on certain regulators quitting to take jobs at firms they once regulated. When it comes to staff attorneys, the SEC, among others, has grappled with the issue as well. A number of S
Former SEC attorney to be charged in Stanford case?
Is the revolving-door about to slam shut on a former SEC attorney? The Inspector General of the SEC, in testimony before Congress, has revealed that a former SEC attorney who investigated Allen Stanford--a high profile case--perhaps improperly sought to represent the indicted financier. CNBC i
More ex-regulators move to banks
We're accustomed to lobbyists moving to the other side; it's fact of life in Washington. But when it comes to the financial services industry, is this revolving door spinning out of control? An analysis by the New York Times has found "that nearly 150 lobbyists registered since last year used
