11/20/10: Greed Runs the Clock
Posted by: BLOWBACK

Greed runs the clock
Greed runs the clock
Greed runs the clock
So we're running out of time
There's no reason There's no reason
Greed runs the clock
Greed runs the clock
Greed runs the clock
So we're running out of time
We're running out of time
We're running out of time
We're running out of time
Greed runs the clock
Greed runs the clock
Greed runs the clock
So we're running out of time
There's no reason There's no reason
Greed runs the clock
Greed runs the clock
Greed runs the clock
So we're running out of time
We're running out of time
We're running out of time
We're running out of time
Greed runs the clock
Greed runs the clock
Greed runs the clock
So we're running out of time
In a Gadda Dada Vida
The sour pain grows
1600 Pennsylvania
Wall Street Laughs
BLOWBACK wrote:
Former employees of the Securities and Exchange Commission (SEC) routinely help corporations try to influence SEC rule-making, counter the agency’s investigations of suspected wrongdoing, soften the blow of SEC enforcement actions, block shareholder proposals, and win exemptions from federal law.
The revolving door was on display in 2012 when the investment industry opposed one of the top priorities of the SEC chairman, a plan to tighten regulation of money market funds. Former SEC employees lobbied to block the plan, and an SEC Commissioner who previously worked for an investment firm played a pivotal role in derailing it.
to download the full report or to look at other aspects, follow this link: http://www.pogo.org/our-work/reports/2013/dangerous-liaisons/overview.html