Wall Street hires Washington

“The financial industry has long been a draw for former political operatives seeking a bigger paycheck and New York lifestyle. But with the big banks now under constant assault from reformers, regulators and some members of Congress, the flow of top talent from Washington to Wall Street has become a small flood. Goldman Sachs and Morgan Stanley will soon have top-level executives with the ear of the CEO who once occupied senior jobs in the White House and the U.S. Treasury. Other banks including Citigroup, Credit Suisse and JPMorgan Chase also have staffed up with former political and regulatory officials.”

http://www.politico.com/story/2013/05/wall-street-hires-washington-91115.html?hp=t1_3

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