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Reply #25: ''The bigger Wall Street becomes, the more government it can buy.'' [View All]

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Octafish Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-02-11 02:28 PM
Response to Reply #16
25. ''The bigger Wall Street becomes, the more government it can buy.''
There really is a revolving door at the SEC...



Revolving Door at S.E.C. Is Hurdle to Crisis Cleanup

By ANDREW ROSS SORKIN
August 1, 2011 DealBook Column

A senior lawyer for the Securities and Exchange Commission recently took center stage in a major case involving a controversial mortgage security sold by Goldman Sachs.

There was just one slight twist in the legal proceedings. The S.E.C. lawyer was not the prosecutor taking the deposition. He was the witness.
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