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Octafish

(55,745 posts)

46. Sen. Warren Criticizes Washington-Wall Street 'Revolving Door'

Mon Feb 9, 2015, 09:40 PM

Feb 2015

by Andrew Romano
Katie Couric/YAHOO

In an exclusive interview Wednesday with Yahoo Global News Anchor Katie Couric, Massachusetts Sen. Elizabeth Warren slammed former House Majority Leader Eric Cantor for accepting a multimillion-dollar job with a Wall Street investment bank shortly after leaving Congress.

"This is wrong," Warren said in regard to Cantor's new role as vice chairman and managing director at Moelis & Co. "People work in Washington and, man, they hit that revolving door with a speed that would blind you." She went on to claim that banks hire politicians like Cantor "not because they bring great expertise and insight, but because they’re selling access back into their former colleagues who are still writing policy."

Asked whether Hillary Clinton is also too cozy with Wall Street, Warren didn't exactly give the 2016 Democratic presidential front-runner a pass. "I worry a lot about the relationship between all of our regulators, government, Wall Street," she said. "I worry across the board."

CONTINUED...

http://news.yahoo.com/katie-couric-interviews-elizabeth-warren-221313968.html

We need to drain the swamp.

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Wall Street Pays Bankers to Work in Government and It Doesn't Want Anyone to Know [View all] Octafish Feb 2015 OP

Gotta get their minions in there octoberlib Feb 2015 #1

Dick Cheney pioneered the piratization process at the Pentagon... Octafish Feb 2015 #3

As long as there's been war machinery, there's been corruption and greed erronis Feb 2015 #21

''War is a Racket.'' -- Gen. Smedley Darlington Butler, USMC (ret.) Octafish Feb 2015 #28

When you allow capital to rule economic systems fasttense Feb 2015 #39

K&R! marym625 Feb 2015 #2

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yes, I read that marym625 Feb 2015 #13

yes i read that... StoneCarver Feb 2015 #33

You hit the nail on the head marym625 Feb 2015 #34

Great info. RiverLover Feb 2015 #15

Weiss was a fool. Hillary got her money upfront. Scuba Feb 2015 #4

He wasn't counting on Elizabeth Warren noticing. Octafish Feb 2015 #7

Don't forget the relatives of politicians (e.g. Chelsea Clinton and hubby). nt Romulox Feb 2015 #5

Reading that one thread is better than getting an MBA Octafish Feb 2015 #9

Legalized corruption Faryn Balyncd Feb 2015 #8

Word. Octafish Feb 2015 #12

Exactly right. tclambert Feb 2015 #25

and they avoid capital gains tax, according to a tax loophole antigop Feb 2015 #10

Bless their little offshoring hearts. Octafish Feb 2015 #16

It's hard to have any hope. Yes, it's rigged, but I thank you, Octafish, for all of your posts. nt antigop Feb 2015 #26

In Europe, Greece is a perfect example, Wall St, Goldman Sachs to be precise, installed GS People sabrina 1 Feb 2015 #11

Greece has noted it's no hobnailed boot on their face; it's a vampire squid. Octafish Feb 2015 #17

The corruption in Europe is so blatant, the only conclusion to come to as to why it is allowed to sabrina 1 Feb 2015 #19

thank you for bringing this to my attention madokie Feb 2015 #14

Money. Those with a lot of it seem to want a lot, lot, lot more. Octafish Feb 2015 #20

I'm willing to sell, but I'm just a serf. JEB Feb 2015 #18

Remember, our fellow peasant who tape-recorded her fellow SEC Goldman Regulators? Octafish Feb 2015 #27

It going to take more than pitchforks JEB Feb 2015 #32

The government pays bankers to work in the government. Lucky Luciano Feb 2015 #22

I know who knows the answer. In fact, he'd lock up every crook in government. Octafish Feb 2015 #42

Thanks for this information. midnight Feb 2015 #23

Citigroup’s Man Goes to the Treasury Department Octafish Feb 2015 #43

You might enjoy this link that shows discussion between Elizabeth Warren, and Katie Couric. midnight Feb 2015 #51

k & r ND-Dem Feb 2015 #24

Sen. Warren Criticizes Washington-Wall Street 'Revolving Door' Octafish Feb 2015 #46

Kicked Enthusiast Feb 2015 #29

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There is a mountain of corruption from sea to shining sea. Enthusiast Feb 2015 #49

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Uncorrupted Dems don't grow on trees. Enthusiast Feb 2015 #50

k&r. Thanks for posting. nm rhett o rick Feb 2015 #31

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Great information throughout the thread marym625 Feb 2015 #35

K&R DeSwiss Feb 2015 #36

To the Greatest Page. woo me with science Feb 2015 #37

14 Defining Characteristics Of Fascism blkmusclmachine Feb 2015 #38

Well that's dramatically corrupt Rose Siding Feb 2015 #40

K & R ctsnowman Feb 2015 #41

On top. On top. woo me with science Feb 2015 #44

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I can sure understand why critics would call that deferred compensation/government employment Trillo Feb 2015 #48

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