Streetwise Professor

April 5, 2010

Barney is Mad

Filed under: Derivatives,Exchanges,Financial crisis,Politics — The Professor @ 7:58 pm

Barney Frank stomped his little feet in anger at the fact that his former senior staffer Peter Roberson decamped to become a lobbyist for ICE.  Frank has barred Roberson from contacting staff for as long as he is head of the Committee.  House rules preclude Roberson from contacting staff for a year.  Wouldn’t it be sweet, I mean ironic, if the the year long bar, rather than the as-long-as-Frank-chairs-the-committee restriction turned out to be the binding constraint?

I had some dealings with Roberson late last summer.  He contacted me about my interest in, and availability for, testifying about OTC derivatives in front of the House Banking Committee.  I indicated that I would be interested and available, but about a week later Roberson told me that Frank did not want me to testify.  (Imagine that.)

Said personal rejection by Frank I wear as a badge of honor.

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1 Comment »

  1. congratulations Proffessor, that is a badge to wear with pride!

    Comment by Jack — April 6, 2010 @ 10:23 am

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