March 29, 2012

How You Can Meet Some Financial Services Lobbyists and the Staffers Who Love Them

Last week, you learned about former banking committee staffer Scott Eckel, who should just be settling into his new job as head of lobbying for Charles Schwab. Eckel is now earning money based on his connections crafted during his time as a public policy-maker, which is a nice clear a case of Backdoor Bribery. Below is an invitation to another form of corruption, the “Financial Services Industry Meet and Greet.” This is a kind of meat market, where staffers and lobbyists interact, exchange gossip and information, and set up fundraisers and potential job interviews (both ways, from lobbyist to staffer and vice versa).

At this point, lobbyists aren’t necessarily trying to bribe members of Congress upfront anymore, they are going straight to the staffers themselves, who do the hard work of crafting legislative details. One topic of conversation will be the JOBS Act, the bill that deregulates the stock market and allows certain public companies to avoid certain investor protections and accounting disclosure requirements.

Oddly, Democratic Minority Whip Steny Hoyer (who is poised to make another go at the Speaker position should there be a shift in Congressional control), has decided to host this one outside. So you can go if you want. Meet and greet these folks. Thursday at 4 pm on the Capitol steps.

  • OldStabby

    There are no real Democrates left. What is there is hollow or ineffective. Sad and weak.. The most effective Dem is Elizabeth Warren and she may not make it in Massachusetts. The president talks like a dem but acks like something in between D and R.

    The old in this countery are terrified by the GOP propaganda and as a result they are selling out their children to “protect their benefits”. Apparently to seniors their social security and medicare is not socialism… but their childrens benefits are.. A sad state of affairs when grandma and grandpa are willing to vote R, killing their children’s and grand-children’s retirement.

    Finally we have someone saying something about these crimes against America. Maybe some day we can do something about it before it’s too late.

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