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Mary Schapiro

Former SEC Chair Schapiro Spins Through the Revolving Door, Feeding Public Distrust of Government and Government Officials

It used to be called “selling out,” “cashing in,” or “influence peddling.”  Now it’s referred to politely as the “revolving door.”  But, whatever it’s called, nothing is more corrosive to the American people’s trust in government than when former senior public officials turn their so-called public service into multi-million dollar riches unimaginable to almost all Americans.