Subscribe: RSS Feed | Twitter | Facebook | Email
Home | Contact Us

Posts Tagged ‘James Kidney retirement remarks’

James Kidney Stones the SEC: “A Tollbooth on The Bankster Turnpike”

Posted by Larry Doyle on April 9th, 2014 9:07 AM |

James Kidney recently retired from the SEC.  He skewered the commission’s culture and management on the way out the door.

For those who care to understand how Wall Street has gotten away with incredibly egregious offenses over the years, Kidney’s brief remarks are well worth the few minutes to review. The highlights include:

1. The revolving door is a very serious problem. I have had bosses, and bosses of my bosses, whose names we all know, who made little secret that they were here to punch their ticket. They mouthed serious regard for the mission of the Commission, but their actions were tentative and fearful in many instances. (more…)






Recent Posts


ECONOMIC ALL-STARS


Archives