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Posts Tagged ‘SEC revolving door’

“White House Could Grant Mary Jo White a Waiver From Ethics Pledge”

Posted by Larry Doyle on February 19th, 2013 6:04 AM |

If Mary Jo White were to be confirmed as the new head of the SEC, might she be the most conflicted individual to be our nation’s chief financial cop since the first person to occupy that seat, that being Joe Kennedy himself?

The White House and Washington would like to position Ms. White’s confirmation as nothing more than a formality. Our democracy deserves better than that. (more…)

SEC Attorney Darcy Flynn Blows Whistle on Wall Street-Washington Incest….MUST READ

Posted by Larry Doyle on August 17th, 2011 4:33 PM |

BOMBSHELL!!!

Since early 2009 I have written at length about the regulatory capture that has dominated the financial industry. I have defined this concept in layman’s terms as the Wall Street-Washington incest. Today a close friend and regular reader of Sense on Cents shares a story which blows the cover off this incest.

This story is written by Rolling Stone’s Matt Taibbi, perhaps Wall Street’s greatest nemesis. I commend him and those from whom he has sourced this information to have the courage of their conviction and the embodiment of the true American spirit to bring this story to light.

I ardently believe this expose should lead to public Congressional hearings and ultimately a federal judicial inquiry. Might it be the beginning of the end for Mary Schapiro? (more…)






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