Published on
Democracy Now!

Former Top Wall Street Regulator Takes Job Defending Firms


The man who once served as the Obama administration’s lead enforcer on Wall Street malfeasance has taken a job defending the firms he once regulated.

The New York Times reports Robert Khuzami, who left his post as enforcement head of the Securities and Exchange Commission earlier this year, has accepted a job at Kirkland and Ellis, one of the country’s largest corporate law firms. He is expected to earn more than $5 million a year.

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news outlet. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Won't Exist.

Please select a donation method:

Share This Article

More in: