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The (POGO) Blog

February 11, 2013

By Andre Francisco

SEC’s Revolving Door Blurs Line Between Regulator and Industry



SEC Seal A POGO study of thousands of government records found that former staff of the Securities and Exchange Commission routinely went to work for major financial firms.

Continue Reading SEC’s Revolving Door Blurs Line Between Regulator and Industry

Topics: Financial Sector

February 7, 2013

By Andre Francisco

Rating Agency Reforms Still Slow After Financial Crisis



Justice Dept. A Justice Department lawsuit against a major rating agency does not address the fundamental problems with the industry, according to critics.

Continue Reading Rating Agency Reforms Still Slow After Financial Crisis

Topics: Financial Sector

January 30, 2013

By Andre Francisco

Watchdog Criticizes Treasury for Ally Financial’s Slow Repayment Plan



SIGTARP Most of the largest companies who received billions in federal bailouts have repaid the government, but Ally Financial, a major auto lender, still owes the government $11.4 billion.

Continue Reading Watchdog Criticizes Treasury for Ally Financial’s Slow Repayment Plan

Topics: Financial Sector

March 15, 2012

By Andrew Wyner

SUNSHINE WEEK: Revolving Regulators at the CFTC



Financial Oversight As part of Sunshine Week, a national initiative to highlight the importance of open government and freedom of information, POGO is releasing a host records obtained by the Freedom of Information Act (FOIA).

Continue Reading SUNSHINE WEEK: Revolving Regulators at the CFTC

Topics: Financial Sector, Open Government

June 21, 2012

By Michael Smallberg

JPMorgan Deploys Former Regulators to Talk to Current Regulators



Caricature of JP Morgan CEO Jamie Dimon by Flickr user DonkeyHotey. Amid a sweeping overhaul of Wall Street regulation, JPMorgan Chase, the banking powerhouse, has often deployed former government officials to represent it in Washington.

Continue Reading JPMorgan Deploys Former Regulators to Talk to Current Regulators

Topics: Financial Sector

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Fly Before You Buy: Tom Christie on Realistic Combat Testing

The Project On Government Oversight's Dan Grazier recently sat down with Tom Christie, a former Director of Operational Test & Evaluation at the DoD from 2001-2005, to talk about the critical need for realistic combat testing before the Pentagon buys new weapons.