{"id":187403,"date":"2013-03-12T23:33:00","date_gmt":"2013-03-13T04:33:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2013\/03\/12\/speaking-of-back-loaded-bribery\/"},"modified":"2013-03-12T23:33:00","modified_gmt":"2013-03-13T04:33:00","slug":"speaking-of-back-loaded-bribery","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2013\/03\/12\/speaking-of-back-loaded-bribery\/","title":{"rendered":"Speaking of Back Loaded Bribery\u2026\u2026\u2026"},"content":{"rendered":"<p>Did you hear the one about the SEC chair who got a choice gig on the GE Board of Directors for protecting the banksters?<\/p>\n<p>Well, <a href=\"http:\/\/dealbook.nytimes.com\/2013\/03\/11\/mary-schapiro-is-nominated-to-g-e-board\/\">now you have<\/a>:<\/p>\n<blockquote><p><span style=\"color: blue;\">Mary L. Schapiro is starting to get a taste of opportunities in the private sector after stepping down as chairwoman of the Securities and Exchange Commission in December.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">General Electric announced on Monday that it had nominated Ms. Schapiro to serve as one of its directors. She will stand for election at the company\u2019s annual meeting on April 24.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">The G.E. board position will certainly pay her more than she made in government service. G.E. paid its directors about $250,000 in 2011; at the S.E.C., her annual salary was around $165,000. Presumably, there will be other board positions and job offers, although Ms. Schapiro has not hinted at her future career aspirations.<\/span><\/p><\/blockquote>\n<p>&#8220;Future career aspirations?&#8221;<\/p>\n<p>I believe that her &#8220;future career aspirations&#8221; are spelled &#8220;<b><span style=\"font-variant: small-caps;\">Ka-Ching!<\/span><\/b>&#8220;<\/p>\n<p>If we could hook a generator to the revolving door that she is using, we could power the world. <\/p>\n<p>Unfortunately, this is a feature, not a bug of live in the nation&#8217;s capitol.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Did you hear the one about the SEC chair who got a choice gig on the GE Board of Directors for protecting the banksters? Well, now you have: Mary L. Schapiro is starting to get a taste of opportunities in the private sector after stepping down as chairwoman of the Securities and Exchange Commission in &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,1004,978,985,1173],"tags":[],"class_list":["post-187403","post","type-post","status-publish","format-standard","hentry","category-corruption","category-finance","category-politics","category-regulation","category-white-house"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/187403"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=187403"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/187403\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=187403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=187403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=187403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}