Comments on: Jam the Revolving Wall Street-Washington Door http://wallstreetpit.com/10517-there-is-too-much-at-stake Wed, 08 Feb 2012 22:13:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: DonF http://wallstreetpit.com/10517-there-is-too-much-at-stake#comment-65560 DonF Fri, 25 Sep 2009 13:36:04 +0000 http://wallstreetpit.com/?p=10517#comment-65560 "That’s why Peter and I also call for a 5 year gap between holding a responsible position on Wall Street and a top job in Washington, and vice versa." Five years!!! Really!!! Sure, just be pres of Harvard, like Summers, or at least head of Economics, for five years and then welcome back to see nearly all of your cronies are still there keeping the well oiled, low morals, greed machine operating on an ever so slightly altered, rotating time delay. I would call for a 50 year gap. THAT has a chance of truly slowing down the process. Look at Volcker, 81 years old. If he had chosen the dark side, how much would 5 years have slowed him down? An outright ban would be what is morally called for. And, definitely include the bankers in the ban. How can even these bright journalists allow for these blatant conflicts of interest to pervade our government? “That’s why Peter and I also call for a 5 year gap between holding a responsible position on Wall Street and a top job in Washington, and vice versa.”

Five years!!! Really!!! Sure, just be pres of Harvard, like Summers, or at least head of Economics, for five years and then welcome back to see nearly all of your cronies are still there keeping the well oiled, low morals, greed machine operating on an ever so slightly altered, rotating time delay.

I would call for a 50 year gap. THAT has a chance of truly slowing down the process. Look at Volcker, 81 years old. If he had chosen the dark side, how much would 5 years have slowed him down? An outright ban would be what is morally called for. And, definitely include the bankers in the ban.

How can even these bright journalists allow for these blatant conflicts of interest to pervade our government?

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