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Archive for the ‘revolving door’ Category

Taking Stock on Bloomberg: Expose the Corruption

Posted by Larry Doyle on March 26th, 2014 6:54 AM |

I thank Bill Cohan, Carol Massar, and those at Bloomberg for having me on the show Taking Stock yesterday afternoon to address my take on the recent guilty verdict handed down in the Madoff employees case, corruption within the financial-political-regulatory system, and recent developments within the executive offices at JP Morgan.

Those who have read my book In Bed with Wall Street: The Conspiracy Crippling Our Global Economy will understand exactly what I mean when I say in this 5-minute interview that we need to “expose the corruption.”

For those who have not yet read the book — I hope you will — but would like to know more specifically what I am referring to when I make the statement that we need to “expose the corruption,” I am speaking of the following all of which is voluminously detailed in the book: (more…)

Khuzami Goes Through The Revolving Door

Posted by Larry Doyle on July 23rd, 2013 9:54 AM |

How do people feel about the performance of the SEC over the last number of years?

Seriously. On a scale of 1-10 (1 being horrendous and 10 being superb), please share your opinion as to how the SEC has gone about pursuing its mission of protecting investors and our markets while overseeing the manner in which Wall Street’s banks and money managers run their operations.

I ask this very basic question as a means of also grading the performance of the SEC’s Director of Enforcement, Robert Khuzami, during this period. (more…)

Spitzer: Lanny Breuer at DOJ Was a Disaster

Posted by Larry Doyle on June 20th, 2013 8:26 AM |

Hat tip to Barry Ritholtz at The Big Picture and our friends at eWallStreeter

Say what you want about Eliot Spitzer’s personal shortcomings but when it comes to many of the regulatory capture issues addressed regularly at this blog, he is not evasive or deferential as so many former pols and regulators are wont to be.

True to form, Spitzer pulls no punches in a recent Bloomberg Law interview. What does he think of the former Assistant AG for the Criminal Division of the US Department of Justice Lanny Breuer’s tenure? Simply a “disaster.”

What does he think of the revolving door, current SEC chair Mary Jo White, and the practice of “neither admit nor deny”?  (more…)

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