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Wall Street Lobby Hires Former Lawmakers for Their Brains, Not Connections [Too Big To Regulate]

June 4th, 2010 pro2go

Over 1,400 former federal employees have been hired by financial sector lobbying groups since 2009, according to a new study. And 73 of them are former lawmakers, like opposing congressional Dicks Armey and Gephardt. It’s financial regulation overhaul season! More »

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Posted in Gossip Gossip Gossip! Tags: Armey, Brains, Connections, Dicks, federal employees, financial sector, Former, Gephardt, Hires, Lawmakers, Lobby, lobbying groups, Regulate, sector, STREET, study, Their, wall

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One Response to “Wall Street Lobby Hires Former Lawmakers for Their Brains, Not Connections [Too Big To Regulate]”

1. Anonymous says:

   June 4, 2010 at 8:26 am

   There is no big secret here. Industry will always ensure their perceived needs are catered to using sourcing practices that are no big secret to any office worker.

   More disturbing is the lack of public uprorar against pay for play, or as the lobbyists love to call it, decision influence.

   The problems with this cushion between private and public, and something teabaggers are loathe to acknowledge, is there must be a clear set of boundaries defined and enforced through —- guess —- regulation. Oh well, politics as usual.

   Also a shout out to and thanks to the Supreme Court for just recently elevating corporates into the position of determining elections more openly than previously imagined.

   funmonkey1