Relevant and even prescient commentary on news, politics and the economy.

Round and around the revolving door does spin…

Lifted from comments from open thread July 23 by reader Jack Round and around the revolving door does spin. Those who take the ride are guaranteed to win, in the game of securities enforcement law. In yet another move between public and private practice John Khuzami moves from the SEC to “….a job that pays […]

Populist rehetoric for the election campaign

Via The Dailey Beast is a link to Lehman Brother’s e-mails and documents and an unanswered question for investors and the public With the Occupy protesters resuming battle stations, and Mitt Romney in place as the presumptive Republican nominee, President Obama has begun to fashion his campaign as a crusade for the 99 percent–a fight […]

Wall Street breakfast leftovers

Revolving door continues. Citigroup (C) is rumored to be in advanced talks to hire Peter Orszag, who served as budget director for the Obama administration until he stepped down in July 2010. Sources said Orszag might take a job in Citi’s I-banking division and an announcement could come as soon as today. Citigroup, which is […]