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Posts Tagged ‘POGO report on regulatory capture’

POGO Opens Wall Street-Washington Revolving Door

Posted by Larry Doyle on February 12th, 2013 7:04 AM |

A few years back in the course of an interview with Fox Business host David Asman, I was asked what I thought of the exceptionally close relationships between the regulators and the industry. I responded, “David, I think the term there is ‘incestuous’.”

Fast forward three plus years and we receive a scathing review of just how widely developed and deeply embedded the incest runs. Let’s navigate as the folks at the Project on Government Oversight take us round and round through this revolving door in releasing,

SEC’s Revolving Door Blurs Line Between Regulator and Industry
A Project On Government Oversight (POGO) study of thousands of government records found that former staff of the Securities and Exchange Commission (SEC) routinely:  (more…)






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