Apparently some are shocked, just shocked that Obama would appoint a Wall Street crony to pretend to enforce laws against Wall Street crime at the SEC.
Matt Taibbi feigns shock to make a point.
Couldn’t they have found someone who wasn’t a key figure in one of the most notorious scandals to hit the SEC in the past two decades? And couldn’t they have found someone who isn’t a perfect symbol of the revolving-door culture under which regulators go soft on suspected Wall Street criminals, knowing they have million-dollar jobs waiting for them at hotshot defense firms as long as they play nice with the banks while still in office?
WALL STREET is an acronym for LET LAW REST