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In reply to the discussion: Message auto-removed [View all]frazzled
(18,402 posts)5. "I interviewed, hired and worked alongside many people with private-sector experience"
Yes, she did, but they were from Deutsche Bank and Morgan Stanley.
Congress created the Consumer Financial Protection Bureau to protect consumers from abuses in the lending industry. Now the bureau is turning to former members of the industry to help it police banks, credit card companies and mortgage lenders.
Building a team to develop smarter financial regulations means hiring top-notch leaders with a wide range of experiences, Ms. Warren said in a statement.
The bureaus hires announced Thursday include Rajeev Date, the former Deutsche Bank managing director. Mr. Date, who also worked at Capital One Financial as a senior vice president, will be the bureaus associate director for research, markets and regulations.
Raj Date and his team bring a wealth of experience in the financial services industry, government, nonprofits, community banking and academia, Ms. Warren said.
Ms. Warren also hired Elizabeth Vale, a Morgan Stanley managing director who was vice president and portfolio manager at Philadelphia National Bank.
http://dealbook.nytimes.com/2011/02/17/consumer-watchdog-hires-former-bankers/?_php=true&_type=blogs&_r=0
Note that Senator Warren DID vote for Fischer. Whether she did so reluctantly or not is, frankly, immaterial.
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Because the Banksters Own him. His only job is to protect the Banksters from reglation / prosecution
Vincardog
Apr 2014
#1
Please prove me wrong. Name ONE Bankster threatened with jail time. Name one meaningful reform
Vincardog
Apr 2014
#32
"I interviewed, hired and worked alongside many people with private-sector experience"
frazzled
Apr 2014
#5
The Guardian vs. Elizabeth Warren?!?! Whatever is an Obama critic to do? Wait - I know!!!
stevenleser
Apr 2014
#28
Obama tossed aside all progressive economic advisors days after taking the oath of office
Roland99
Apr 2014
#16
Same reason he supports the TPP, drilling and fracking, indefinite detention,
woo me with science
Apr 2014
#24
I don't recognize this country anymore. This is the level of corruption
woo me with science
Apr 2014
#30