Bankers fly in private jets, regulators ride the bus

These guys are supposed to regulate Wall Street?

U.S. Regulators Face Budget Pinch as Mandates Widen: “On a recent trip to New York to tour a trading floor, a group of employees from the commodities watchdog [the Commodity Futures Trading Commission] rode Mega Bus both ways, arriving late to their meeting despite a 5:30 a.m. departure. The bus, which cost $30 a person round trip, saved the agency roughly $1,000 over Amtrak.”

One Comment on “Bankers fly in private jets, regulators ride the bus

  1. It`s like the scene in the TV show, The Wire, where the Baltimore police officer arrived at a crime scene on a city bus because the city couldn`t afford enough police cars. At the time, I thought that it was pure fantasy…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: