Goldman Executive Named as SEC Investment Chief

[Enrique]

Source: ABC News

http://abcnews.go.com/Business/wireStory?id=12643375

A Goldman Sachs executive has been named to head the division of the Securities and Exchange Commission that oversees mutual funds and investment advisers.

The agency said Tuesday that Eileen Rominger will become director of investment management, replacing Andrew "Buddy" Donohue, who left the SEC in November. Rominger has worked for nearly 30 years as a portfolio manager and leader of asset management teams. She worked for 11 years at Goldman Sachs Asset Management, most recently as its global chief investment officer.

(...)

Read more: http://abcnews.go.com/Business/wireStory?id=12643375

[rfranklin]

1. Fox meet henhouse...

sounds like a good choice.

[RUMMYisFROSTED]

4. There isn't even any more shame.

Bald power grab.

[davidwparker]

19. +1

It never stops. Does it?

[mbperrin]

2. Man, you just KNOW she'll be tough on her former colleagues and

current "friends."!


Is she a goer, eh? Eh?

"Nudge, Nudge, wink wink, Say no more".

[Fuddnik]

12. But, she'll be much closer to all of her old colleagues.

The ones working in Treasury now.

[Ghost Dog]

36. She certainly ought to know

where the cadavers are hidden the culture.

http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=aQxDX2AiypNE

[DCKit]

3. It Takes a

[Angry Dragon]

5. Not too much of a conflict of interest

[katnapped]

6. Nothing to see here, folks

Just business as usual.... :sarcasm:

[Earth_First]

7. Conflict of what?!

Surely you jest!

[Lucky Luciano]

8. It will be fun to watch this thread.

:popcorn:

[ronnie624]

35. I expect it will sink rapidly. n/t

[nyc 4 Biden]

9. DON"T YOU PEOPLE UNDERSTAND THAT YOU NEED AN INSIDER WHO KNOWS THE ROPES!

jk. this makes me wanna :puke: and then :argh:

[ShockediSay]

10. WTF ?!?!?!?!?! nt

[Fuddnik]

11. Did she pick up her "bonus" before she left?

Or will she wait until she returns in a few years?

[WellsStreetHell]

13. But Obama has a cute family!

Obama is a total corporate shill. The worse thing about corporate/blue dogism is that it dosen't work! Were now seeing the real results of Clinton's policies. Ill never vote for a DLC endorsed candidate again.

[sulphurdunn]

28. Ah! Remember,

Obama avoided the DLC like a disease during the last presidential election, going so far as to say, “I am not currently, nor have I ever been, a member of the DLC.” Clinton, on the other hand, is a card carrying member, as are most of those Obama has picked for his administration who didn't once work for Goldman Sachs. :smoke:

[Frank Booth]

34. That's right. He kept it deep undercover.

IIRC he slipped up once and said how he was a "new Democrat" but that's as close as it ever got.

The guys at Goldman Sachs know how to run smart candidates.

[EFerrari]

14. LOL

[FailureToCommunicate]

15. Plus ca change, plus c'est la meme chose

More chains we can believe in.

[davidwparker]

20. +1

For both the french and for the "more chains." Clever.

"Chain, Chain, Chain ... Chain of Fools ... " (The Aretha Franklin version)

[FailureToCommunicate]

23. Thanks, but credit for "chains" goes to another DUer the other day

Can't remember who.

Like your "chain of fools"

LOVE Aretha!

[conspirator]

27. C'est du pareil au meme n/t

[Demeter]

29. Duzy!

Too bad they discontinued that ritual.

[dotymed]

16. Are we there yet?

How much further? It is seemingly endless how far we will go to get FUCKED again.

[Prometheus Bound]

17. What a surprise!

[aquamarina]

18. And the beat goes on...

[PoliticAverse]

22. Indeed...

[Frisbee]

21. The article doesn't say...

Is this an Obama appointment? It certainly looks like an appointment he'd make, and that ain't no compliment.

[dixiegrrrrl]

25. All I can find are news stories of her "retirement" from GS Sept. 13th.

And a couple stories saying "SEC" appointed her.

I know not how the SEC appointment works, not that it matters.
Looks like they do not even bother to invest in smoke OR mirrors anymore.

[xxqqqzme]

30. The smoke & mirrors budget has been

cut. No need to waste any money that can go into the pockets of the wealthy (the smoke & mirrors lobby is just not as powerful as it once was).

[raouldukelives]

24. wtf..

:puke:

[QC]

26. I feel so hopeful! n/t

[katnapped]

31. Won't SOMEONE here at DU defend this?

Let's hear the excus...I mean reasons. :sarcasm:

[Spike from MN]

38. I can defend this!

I can defend this!

[fascisthunter]

32. O.M.G.... the Corporations own our Government

Hell, they are the Government. Fascism... straight up, fascism.

[go west young man]

33. Funny how life imitates art.

In the movie "Wall-e" the government is a corporation. Not much different than what we see here with Goldman Sachs.

[Marblehead]

37. sounds like

something bush would have done