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Obama Revolving Door: SEC head to Obama-friendly GE

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Barack Obama pledged to stop the revolving door between government and K Street and Wall Street. He has, of course, done nothing of the sort. The latest Obama appointee to cash out to industry is Obama’s top Wall Street Watchdog, SEC Chairwoman Mary Schapiro, who’s joining the board of multinational industrial conglomerate and finance giant, General Electric. Few companies are as cozy with...

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