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(Marketwatch)   Senate confirms Goldman Sachs to head the SEC, again   (marketwatch.com) divider line
    More: Obvious, Initial public offering, Stock market, Public company, Futures contract, Goldman Sachs, leadership of an SEC, Sherrod Brown, Stock broker  
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870 clicks; posted to Politics » on 14 Apr 2021 at 2:18 PM (4 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



38 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2021-04-14 12:50:36 PM  
(From Wiki)
Gensler previously served as the 11th chairman of the Commodity Futures Trading Commission, under President Barack Obama, from May 26, 2009 to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999-2001), and the Assistant Secretary of the Treasury for Financial Markets (1997-1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign.

If ever there was a marriage between Wall Street and DC, this is it.
 
2021-04-14 12:51:52 PM  
Gensler, who began his career as a banker at Goldman Sachs GS, 3.82%, is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Exchange Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented new rules regulating the derivatives market.

derpmitter thinks he's clever.
 
2021-04-14 1:37:22 PM  
Compared to the Mnuch, he's frigging Lancelot.
 
2021-04-14 2:25:20 PM  

Nadie_AZ: (From Wiki)
Gensler previously served as the 11th chairman of the Commodity Futures Trading Commission, under President Barack Obama, from May 26, 2009 to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999-2001), and the Assistant Secretary of the Treasury for Financial Markets (1997-1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign.

If ever there was a marriage between Wall Street and DC, this is it.


This is the (third) Way.
 
2021-04-14 2:25:31 PM  
Come on! Let one of the other investment banks have a turn!
 
2021-04-14 2:27:14 PM  
A major step backward.  Bernie would have nominated Howard Zinn.  Yes, I know he's dead.
 
2021-04-14 2:30:22 PM  

Marcus Aurelius: Compared to the Mnuch, he's frigging Lancelot.


Lancelot was a prick. Gawain was better. Bedevire would be even better.
 
2021-04-14 2:31:09 PM  
"I'm concerned he will cause the SEC to use its regulatory powers to advance a liberal social agenda focused on issues such as global warming, political spending disclosures, and racial inequality and diversity," said Sen. Pat Toomey of Pennsylvania, the ranking Republican on the Senate Banking Committee, in a statement Tuesday.

OH NO
THE HORROR
 
2021-04-14 2:31:53 PM  

thehobbes: Nadie_AZ: (From Wiki)
Gensler previously served as the 11th chairman of the Commodity Futures Trading Commission, under President Barack Obama, from May 26, 2009 to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999-2001), and the Assistant Secretary of the Treasury for Financial Markets (1997-1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign.

If ever there was a marriage between Wall Street and DC, this is it.

This is the (third) Way.


Did you read the article, or did you decide to derp first? Oh, wait... this is Fark.

This guy was considered the bad news by Wall Street folks, and was Elizabeth Warren's preferred candidate... but sure, derp on.
 
2021-04-14 2:36:50 PM  
Democrats to ask the SEC to reexamine... features in trading apps that critics say exemplify the use of so-called gamification techniques to encourage harmful overuse of those apps by retail investors.

The important stuff, going after retail investors, wouldn't want them "overusing" their brokerage.
 
2021-04-14 2:37:04 PM  
Steve Buscemi's long lost brother over here
 
2021-04-14 2:37:44 PM  
Why yes. Yes. Yes I do like money.

images.mktw.netView Full Size
 
2021-04-14 2:41:06 PM  

kmramki: thehobbes: Nadie_AZ: (From Wiki)
Gensler previously served as the 11th chairman of the Commodity Futures Trading Commission, under President Barack Obama, from May 26, 2009 to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999-2001), and the Assistant Secretary of the Treasury for Financial Markets (1997-1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign.

If ever there was a marriage between Wall Street and DC, this is it.

This is the (third) Way.

Did you read the article, or did you decide to derp first? Oh, wait... this is Fark.

This guy was considered the bad news by Wall Street folks, and was Elizabeth Warren's preferred candidate... but sure, derp on.


Don't worry, I'm sure we can trust this fox to guard the chicken coop
 
2021-04-14 2:43:01 PM  

Headso: Democrats to ask the SEC to reexamine... features in trading apps that critics say exemplify the use of so-called gamification techniques to encourage harmful overuse of those apps by retail investors.

The important stuff, going after retail investors, wouldn't want them "overusing" their brokerage.


Never forget, these people are nominated by all factions within both parties. There is no dissenting opinion on these matters.
 
2021-04-14 2:44:03 PM  

kmramki: thehobbes: Nadie_AZ: (From Wiki)
Gensler previously served as the 11th chairman of the Commodity Futures Trading Commission, under President Barack Obama, from May 26, 2009 to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999-2001), and the Assistant Secretary of the Treasury for Financial Markets (1997-1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign.

If ever there was a marriage between Wall Street and DC, this is it.

This is the (third) Way.

Did you read the article, or did you decide to derp first? Oh, wait... this is Fark.

This guy was considered the bad news by Wall Street folks, and was Elizabeth Warren's preferred candidate... but sure, derp on.


Fark user imageView Full Size

media.tenor.comView Full Size
 
2021-04-14 2:44:54 PM  

whidbey: Gensler, who began his career as a banker at Goldman Sachs GS, 3.82%, is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Exchange Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented new rules regulating the derivatives market.

derpmitter thinks he's clever.


Yes, this is like saying I'm beholden to Fuddruckers because that was my first job, ignoring everywhere else I've ever worked ever.

Though that is a tasty burger.  Sometimes.  They are quite inconsistent.
 
2021-04-14 2:54:07 PM  
He started on the Darkside
But he went through redemption to the Lightside
And with his lightsaber he was a force
And will be one again with The Force
 
2021-04-14 2:56:33 PM  

KarmicDisaster: Why yes. Yes. Yes I do like money.

[images.mktw.net image 850x566]


external-content.duckduckgo.comView Full Size
 
2021-04-14 2:57:05 PM  

Dr. Bison: KarmicDisaster: Why yes. Yes. Yes I do like money.

[images.mktw.net image 850x566]

[external-content.duckduckgo.com image 474x452]


So you're saying he looks like an antisemitic stereotype?
 
2021-04-14 3:05:42 PM  

Tavernknight: Marcus Aurelius: Compared to the Mnuch, he's frigging Lancelot.

Lancelot was a prick. Gawain was better. Bedevire would be even better.


Username checks out.
 
2021-04-14 3:07:04 PM  

austerity101: Dr. Bison: KarmicDisaster: Why yes. Yes. Yes I do like money.

[images.mktw.net image 850x566]

[external-content.duckduckgo.com image 474x452]

So you're saying he looks like an antisemitic stereotype?


More like the bastard love child of Doby the house elf and a chihuahua.
 
2021-04-14 3:11:59 PM  
"Ehgcelent"


Fark user imageView Full Size
 
2021-04-14 3:12:37 PM  

KarmicDisaster: Why yes. Yes. Yes I do like money.

[images.mktw.net image 850x566]


The more I look at it, the more I expect him to say "Mr. Anderson, ..."
 
2021-04-14 3:16:25 PM  

kmramki: thehobbes: Nadie_AZ: (From Wiki)
Gensler previously served as the 11th chairman of the Commodity Futures Trading Commission, under President Barack Obama, from May 26, 2009 to January 3, 2014. He was the Under Secretary of the Treasury for Domestic Finance (1999-2001), and the Assistant Secretary of the Treasury for Financial Markets (1997-1999). Prior to his career in the federal government, Gensler worked at Goldman Sachs, where he was a partner and co-head of finance. Gensler also served as the CFO for the Hillary Clinton 2016 presidential campaign.

If ever there was a marriage between Wall Street and DC, this is it.

This is the (third) Way.

Did you read the article, or did you decide to derp first? Oh, wait... this is Fark.

This guy was considered the bad news by Wall Street folks, and was Elizabeth Warren's preferred candidate... but sure, derp on.


The standard handful of kook Communist Farkers will always be upset that the Democratic President didn't nominate, and the split Senate didn't confirm, some completely unqualified kook Communist hellbent on guillotines into a sensitive position.

Did you really expect anything else from them?

This used to be at least modestly entertaining, but it's gotten really stale of late.
 
2021-04-14 3:20:51 PM  
images.mktw.netView Full Size

family-friendly-movies.comView Full Size


/wolfman's got nards
 
2021-04-14 3:21:46 PM  
What is 'he has Steve Buscemi eyes' for $100, Alex.
 
2021-04-14 3:30:39 PM  

whidbey: Gensler, who began his career as a banker at Goldman Sachs GS, 3.82%, is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Exchange Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented new rules regulating the derivatives market.

derpmitter thinks he's clever.


You mean the toothless Dodd-Frank that didn't reinstate the regulations that were deregulated in the 1990s under Clinton?

We already know that centrists love lipstick.
 
2021-04-14 3:37:55 PM  

Mr.Insightful: some completely unqualified kook Communist


Not just that, but have any of you ever had some sort of audit or inspection done where you work?

If so, who did you worry about more? The person who's only read the books? Or the person who's sat in your chair? Because I guarantee I know which one will see right through B.S. excuses.
 
2021-04-14 3:42:21 PM  
Fark user imageView Full Size
 
2021-04-14 4:21:10 PM  

whidbey: Gensler, who began his career as a banker at Goldman Sachs GS, 3.82%, is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Exchange Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented new rules regulating the derivatives market.

derpmitter thinks he's clever.


Yeah.  This sounds like a good pick and is a "Wait and see." and not an "OMG!  Wool Strat pwn SEC!!"  When the GQP is biatching, it's probably the right thing.
 
2021-04-14 4:38:28 PM  

vrax: whidbey: Gensler, who began his career as a banker at Goldman Sachs GS, 3.82%, is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Exchange Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented new rules regulating the derivatives market.

derpmitter thinks he's clever.

Yeah.  This sounds like a good pick and is a "Wait and see." and not an "OMG!  Wool Strat pwn SEC!!"  When the GQP is biatching, it's probably the right thing.


It's not the right thing to do, and the term "aggressive" is overselling the rules he developed.

I bit into a burger more aggressively than his rules regulated derivatives.
 
2021-04-14 4:46:16 PM  
Fark:  Where you're supposed to take someone who literally states how much he hates humanity seriously.
 
2021-04-14 4:49:31 PM  

misanthropicsob: vrax: whidbey: Gensler, who began his career as a banker at Goldman Sachs GS, 3.82%, is one of the few Wall Street veterans to win the adoration of the left wing of the Democratic Party after he proved willing to take on the financial services industry as chairman of the Commodity Futures Exchange Commission, where he helped craft the Dodd-Frank reform legislation and aggressively implemented new rules regulating the derivatives market.

derpmitter thinks he's clever.

Yeah.  This sounds like a good pick and is a "Wait and see." and not an "OMG!  Wool Strat pwn SEC!!"  When the GQP is biatching, it's probably the right thing.

It's not the right thing to do, and the term "aggressive" is overselling the rules he developed.

I bit into a burger more aggressively than his rules regulated derivatives.


Well, then, as I said, we'll see.  It's not like we won't know.  SEC rules aren't exactly secret.
 
2021-04-14 5:22:17 PM  

KarmicDisaster: Why yes. Yes. Yes I do like money.

[images.mktw.net image 850x566]


GAAAH! 
WHAT IS THAT!
 
2021-04-14 5:27:44 PM  

Headso: Democrats to ask the SEC to reexamine... features in trading apps that critics say exemplify the use of so-called gamification techniques to encourage harmful overuse of those apps by retail investors.

The important stuff, going after retail investors, wouldn't want them "overusing" their brokerage.


They are already setting the narrative for when GameStop causes a market meltdown
 
2021-04-14 6:04:18 PM  
How about prosecuting short firms like Culper, Hindenberg, Citron who use Twitter to induce panic selling by posting lies and innuendos.
 
2021-04-14 6:11:53 PM  

austerity101: Dr. Bison: KarmicDisaster: Why yes. Yes. Yes I do like money.

[images.mktw.net image 850x566]

[external-content.duckduckgo.com image 474x452]

So you're saying he looks like an antisemitic stereotype?


That was certainly not my intention.
 
2021-04-14 8:00:08 PM  
static.wixstatic.comView Full Size
 
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