Revolving Door Open Mic

These days, POGO’s been thinking a lot about the revolving door and the Securities and Exchange Commission (SEC). So much so, in fact, that POGO staffers were inspired to compose a villanelle about some of the findings in our latest report and accompanying database:

The SEC officials shuttle fast through the revolving door
219 raced from the government to Wall Street
They promised they hadn’t worked on these issues before

Stopping the Stanford Ponzi Scheme seemed like a chore
Spencer Barasch saw a get rich scheme and wanted a place at the teat
The SEC officials shuttle fast through the revolving door

Peter Simonyi’s work at Goldman Sachs would be different, he swore
His work on the issues at the SEC was marginal, discrete
They promised they hadn’t worked on these issues before

One left for industry after two days, one after three, another after four
For ACA Compliance, Deloitte, KPMG
The SEC officials shuttle fast through the revolving door

Peter Bresnan went from Enforcement to represent Bank of America Corp
And got his clients a settlement the judge found too sweet
But he promised he hadn’t worked on these issues before

Industry coziness doesn’t temper their roar
That financial collapse wasn’t because they didn’t have the fire to their feet
They promised they hadn’t worked on these issues before
So what if the SEC officials shuttle fast through the revolving door?

Any bards out there in the crowd? We’d welcome any, limericks, haiku, talkin’ blues ramblings, or other forms of poetic expression dedicated to the revolving door from our readers.

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