Thursday, August 18, 2011

Nothing unethical to see here

When last we saw Darrell Issa he was using his position to advance his own business interests and sending love letters to Big Business asking what he could he do to make them happy. Today, we get an answer to the latter. Think Progress reveals the crooked Congressman Issa hired an undercover agent to run interference on regulatory oversight of his Wall St. cronies.
Has Rep. Darrell Issa (R-CA) turned the House Oversight Committee into a bank lobbying firm with the power to subpoena and pressure government regulators? ThinkProgress has found that a Goldman Sachs vice president changed his name, then quietly went to work for Issa to coordinate his effort to thwart regulations that affect Goldman Sachs’ bottom line.

Haller, as he is now known, went by the name Peter Simonyi until three years ago. Simonyi adopted his mother’s maiden name Haller in 2008 just as he was leaving Goldman Sachs as a vice president of the bank’s commodity compliance group. In a few short years, Haller went from being in charge of dealing with regulators for Goldman Sachs to working for Congress in a position where he made official demands from regulators overseeing his old firm.

It’s not the first time Haller has worked the revolving door to help out Goldman Sachs.
I expect Mr. Haller took a big pay cut to move over to "public service." Willing to bet he got an hellva severance package from Goldman Sachs to cover the difference. Or do you think he's working on a performance based kickbacks?

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