Goldman Dealmaker now advocates Regulation

[katty]

more:
http://www.nytimes.com/2010/03/11/business/11cftc.html?adxnnl=1&src=sch&pagewanted=all&adxnnlx=1268316234-OA3zWTY+h4yhsyPpDotHCw

For 18 years, Gary G. Gensler worked on Wall Street, striking merger deals at the venerable Goldman Sachs. Then in the late 1990s, he moved to the Treasury Department, joining a Washington establishment that celebrated the power of markets and fought off regulation at almost every turn.


Daniel Rosenbaum for The New York Times
If Congress agrees to some re-regulation, Gary Gensler, right, intends to rebuild his commission by increasing staff to about 1,000.

Times Topics: Financial Regulatory Reform | Gary G. Gensler

Daniel Rosenbaum for The New York Times

Gary Gensler, chairman of the Commodity Futures Trading Commission, made partner at Goldman by age 30, then worked at Treasury under Robert Rubin.

Today, he is emerging as one of the nation’s archreformers, pushing to impose some of the most stringent new financial regulations in history. And as the head of the Commodity Futures Trading Commission, the leading contender to oversee the complex derivatives contracts that played a central role in the financial crisis and, in turn, the Great Recession, he is in a position to influence the outcome.

[sakabatou]

1. Way to go, motherfucker

Now you want regulation after you made millions.

[katty]

2. yes-what a great cause - now he can monitor 'regulation' too

[havocmom]

3. IOW: Goldman got theirs, wants to cut questionable bootstraps for others?