Goldman exec named first COO of SEC enforcement by SignyM

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Goldman exec named first COO of SEC enforcement

POSTED BY: SIGNYM
UPDATED: Saturday, October 17, 2009 03:45
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Friday, October 16, 2009 9:18 AM

I believe in solving problems, not sharing them.

Quote:
WASHINGTON – A Goldman Sachs executive has been named the first chief operating officer of the Securities and Exchange Commission's enforcement division. The market watchdog agency said Friday that Adam Storch, vice president in Goldman Sachs' Business Intelligence Group, is assuming the new position of managing executive of the SEC division.

GAAAK! Whose brainchild was that???

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Friday, October 16, 2009 9:34 AM

RUE

I have a vote and I'm not afraid to use it!

Obama's.

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Silence is consent.

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Friday, October 16, 2009 1:07 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)

There's something about wolves and henhouses swirling around my brain right now...

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Friday, October 16, 2009 2:41 PM

FREMDFIRMA

Piiitchforks, git yer piitchforks!..

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Friday, October 16, 2009 10:20 PM

MANGOLO

Isn't this a case of letting the fox mind the hen house?

http://www.facebook.com/group.php?gid=86085840444

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Saturday, October 17, 2009 1:51 AM

KWICKO

Quote:
Originally posted by Mangolo:
Isn't this a case of letting the fox mind the hen house?

I was thinking wolves instead of foxes, because wolves are bigger and more powerful, as well as more ravenous - which pretty much describes Wall Street. :)

Mike

Let the wild rumpus start!

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Saturday, October 17, 2009 3:45 AM

GEEZER

Keep the Shiny side up

Actually, it seems a pretty good fit. Storch was VP of Goldman's business intelligence unit, which reviews contracts and transactions for fraud, so he knows what to look for. To reach that level at 29, he must be pretty sharp. Anyway, finding people knowledgable about the ins and outs of the market who haven't worked in it is pretty much impossible. So maybe instead of 'fox in the henhouse' it's 'set a thief...'.

"Keep the Shiny side up"

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