Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
The Only Thing Working At The SEC Is The Revolving Door
Posted
April 13, 2014
Views
42,122
Likes
952
Comments
132
Engagement
2.57%
April 13, 2014
42,122
952
132
2.57%
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9:02Now Playing"A lawyer from America's Securities and Exchange Commission (SEC) has launched a broadside against his bosses during a leaving speech, accusing them of being too soft on wayward Wall Street chiefs in the wake of the 2008 credit crisis.
James Kidney, who retired from the SEC this month after 24 years with the organisation, said in his leaving speech that his bosses had been too 'tentative and fearful' when tackling the behaviour of banking giants.
As around 70 SEC lawyers and alumni looked on, Mr Kidney bemoaned the SEC's focus on being polite."* Steve Oh, Jimmy Dore (The Jimmy Dore Show), Malcolm Fleschner (Executive Producer, The Point) and Jackie Koppell break it down.
*Read more here from Ted Thornhill / Daily Mail:
**********
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