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General News    H3'ed 9/25/16

The Governmental Revolving Door of Private-Sector Crony Capitalist: A Morale Buster for Civil Servants

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Undersecretary for international trade, Stefan Selig wrote in his Washington Post LTE:

“no good deed goes unpunished” when a successful business executive takes a position in government.

“I sincerely hope this does not deter other private-sector leaders from serving their country,” the letter said

Go Away! Can't You See I' am Busy?

Congress should evaluate if successful business executives taking positions in government benefits the average American or their private-sector peers and themselves once they return to their former industries. In addition, how can these millionaires/billionaires working side by side with the average federal civil servant trying to scratch out a living not be a morale buster?

This incident should deter Congress from approving the most egregious crony capitalist from serving in government.

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A seasoned financial professional, currently providing subject matter expertise on a variety of regulatory topics, including the Dodd-Frank Act, the Foreign Account Tax Compliance Act (FATCA) and overall compliance monitoring. He has previously held (more...)
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