"Nazareth’s e-mails to Schapiro and then-SEC General Counsel and Senior Policy Director David Becker, obtained through a Freedom of Information Act request filed by Bloomberg News, demonstrate how lobbyists and lawyers draw on bonds they formed in government service to gain access for clients, and how they work to maintain those ties."
"It’s “a real advantage” to send a familiar face into the agency, said Adam Pritchard, a University of Michigan law professor and ex-SEC lawyer. “If I’m a client, I’m very pleased. I’m willing to pay top dollar for that.”
“There clearly is a revolving door,” he said. “I don’t see it influencing the results.”
OK.... no conflict there, huh??
And these dickhead geniuses who ride the revolving door that bridges highly paid government regulator and even more highly paid corporate entity “playa” wonder why so many regular people feel so powerless and impotent (and increasingly angry).
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