Who could have predicted Obama would appoint fox to guard SEC henhouse?


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?