Comments on: Gene Sperling and the institutionalization of the revolving door http://blogs.reuters.com/felix-salmon/2011/01/06/gene-sperling-and-the-institutionalization-of-the-revolving-door/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Dollared http://blogs.reuters.com/felix-salmon/2011/01/06/gene-sperling-and-the-institutionalization-of-the-revolving-door/comment-page-1/#comment-22995 Tue, 11 Jan 2011 00:21:51 +0000 http://blogs.reuters.com/felix-salmon/?p=6842#comment-22995 Seriously, Felix, do not let go of this bone. It is simply astonishing to me that not only do these Wall Street creatures have no idea of what is true public service and what is a conflict of interest, but when the editor of a national magazine cannot let go that same sense of entitlement and impunity, it is truly distressing.

For them, the rest of the world simply doesn’t exist. Thanks for at least mentioning the “quaint” idea of standards and reasonable compensation for actual work.

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By: Danny_Black http://blogs.reuters.com/felix-salmon/2011/01/06/gene-sperling-and-the-institutionalization-of-the-revolving-door/comment-page-1/#comment-22786 Fri, 07 Jan 2011 09:14:05 +0000 http://blogs.reuters.com/felix-salmon/?p=6842#comment-22786 clausvistesen, given the newspaper articles they wrote that book is one of the best ones on the crisis. McClean’s book on Enron was good too. Shame about their newspaper journalism….

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By: clausvistesen http://blogs.reuters.com/felix-salmon/2011/01/06/gene-sperling-and-the-institutionalization-of-the-revolving-door/comment-page-1/#comment-22785 Fri, 07 Jan 2011 08:45:43 +0000 http://blogs.reuters.com/felix-salmon/?p=6842#comment-22785 Hey, learn something from the French … it is called “pantouflage” and they have been doing it for decades ;). But indeed interesting …

I am reading “All the Devils are Here” at the moment and Summers and Rubin are getting their share of the flak … makes sense that they turned to the Street after their public the tenure. It appears that they were the Street’s main meal ticket during the Clinton years.

Claus

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By: LadyGodiva http://blogs.reuters.com/felix-salmon/2011/01/06/gene-sperling-and-the-institutionalization-of-the-revolving-door/comment-page-1/#comment-22768 Thu, 06 Jan 2011 18:26:42 +0000 http://blogs.reuters.com/felix-salmon/?p=6842#comment-22768 Curmudgeon,
I love your suggestion and the ever-so polite way in which it is proffered.

However, I think it is important for smart insider-outsiders like Felix to perch themselves very near to the groups they write about. You have to swim in their pond to understand them, but not become part of their school or you lose your independence.

It’s safe to say that the DC and Wall Street schools have long since merged and won’t have much to do with the rest of the pond. Thanks to Obama, the Chicago fish have made the jump too, which we in the Second City are over the moon about, of course.

Felix, you are hereby invited to come to Chicago and observe our ecosystem. Not sure it’ll fulfill Curmudgeon’s requirement of the real America. But at least you could get a decent hot dog.

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By: Curmudgeon http://blogs.reuters.com/felix-salmon/2011/01/06/gene-sperling-and-the-institutionalization-of-the-revolving-door/comment-page-1/#comment-22764 Thu, 06 Jan 2011 17:15:29 +0000 http://blogs.reuters.com/felix-salmon/?p=6842#comment-22764 Felix, you are really too kind to this type of technocrat. They’ve never made anything, had to meet a payroll, or make strategic decisions that the health of their business depended upon. Wall Street has nothing to do with business and real life.

As a gentle aside, your own point of view is remarkably limited by living and working in Manhattan, which also does not represent real life for the vast majority. You should get out more, and I don’t mean vacationing to the wilds of Wyoming or Alaska. Try doing some of the things that average Americans do, like taking a road trip, going to a minor league baseball game, or spending a day at the beach (no, not Sag Harbor). You are open-minded; it will do wonders for your perspective.

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By: Sad_Oligarch http://blogs.reuters.com/felix-salmon/2011/01/06/gene-sperling-and-the-institutionalization-of-the-revolving-door/comment-page-1/#comment-22762 Thu, 06 Jan 2011 16:52:47 +0000 http://blogs.reuters.com/felix-salmon/?p=6842#comment-22762 Rahm left public service for i-banking and in a few short years made 11+ million dollars in compensation. This then fueled his entry to Congress. Where he genuflected towards all things Wall St. even more so when running the White House for two years.

The real question is why there isn’t a single non-Wall St. beholden advisor within Obama’s inner circle. Doesn’t this man value debate and alternative points of view?

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