Tuesday, December 11, 2012

Bankster-Treasury Revolving Door

Former senior U.S. Treasury official Tim Adams will succeed Charles Dallara as the head of the Institute of International Finance, a bank lobbying  group that represents more than 470 of the world’s largest financial companies.

 Adams will take over the helm during a major rewrite of financial regulations across the globe and amid the continuing debt and banking crises in Europe.

Adams served as Treasury undersecretary for international affairs in the administration of President George W. Bush.

(ht WSJ)

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