Quote:
Originally Posted by Rochard
This is just insane. Let's put the people who caused the biggest recession in our lifetime in charge of the economy. WTF?
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You mean the housing market collapse that was caused by the Republican Congress and Senate in the 1990's passing laws that led to the housing market falling to pieces in late 2008 and almost bringing down the banks?
Is that what you mean Rochard? Because that's what happened.
I just looked at the guy's job record in that article. Looks like he advised his employers AFTER the disaster had occurred and he advised Goldman Sachs on how to proceed AFTER they had received their TARP bailout money.
And this looks to be his main qualification:
"Much of Clayton's work has to do with mergers, acquisitions and initial public offerings, and he was involved with Alibaba's record-breaking public debut, the sale of the Atlanta Hawks NBA team and the British Airways merger with Iberia."
In other words, he is very familiar with how the SEC works since he has been working in the stock market on the legal end of it.
Sounds to me like a very capable person for the job. Who did you want? Bernie Sanders?
Seriously man...you are so full of doom and gloom. Meanwhile the business community is feeling hopeful and optimistic.
Good times are coming economically my friend. Even though you seem to not want them to.