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The (POGO) Blog

August 9, 2013

By Jana Persky

Freeland Says Globalization, Technology and Global Politics Driving Growth of the Super Rich



Chrystia Freeland In Plutocrats: The Rise of the Global Super-Rich, Chrystia Freeland describes how wealth is becoming increasingly concentrated in the hands of a historically tiny number individuals, who live a lifestyle many people can barely imagine.

Continue Reading Freeland Says Globalization, Technology and Global Politics Driving Growth of the Super Rich

Topics: Financial Sector

July 25, 2013

By Michael Smallberg

Former SEC Enforcer Joins Major Law Firm



Robert Khuzami Robert Khuzami, the former enforcement chief at the Securities and Exchange Commission, has accepted a job at a major corporate law firm that represents clients before the SEC, highlighting concerns raised by POGO and others about the revolving door betwee

Continue Reading Former SEC Enforcer Joins Major Law Firm

Topics: Financial Sector

June 28, 2013

By Michael Smallberg

Corzine Faces Rare Charge in MF Global Case



Jon Corzine The Commodity Futures Trading Commission (CFTC) took an action that regulators have rarely attempted since the 2008 financial crisis: trying to hold a CEO personally accountable for “failure to supervise.”

Continue Reading Corzine Faces Rare Charge in MF Global Case

Topics: Financial Sector

June 13, 2013

By Andre Francisco

First Big Test for New SEC Chair



SEC Seal The appointment of Robert Rice as counsel for the Securities and Exchange Commission (SEC) is the first big test for Mary Jo White, the new head of the SEC, according to an article in CNN Money.

Continue Reading First Big Test for New SEC Chair

Topics: Financial Sector

May 24, 2013

By Andre Francisco

Bank Lobbyists Writing the Rules for Wall Street



Financial Oversight It might be logical to assume that lawmakers are the ones who make laws, but bank lobbyists are playing a larger role in writing financial regulations, according to an article in The New York Times.

Continue Reading Bank Lobbyists Writing the Rules for Wall Street

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.