Barney Frank Staffer Goes to Goldman

We should not be surprised.

Goldman Sachs’ new top lobbyist was recently the top staffer to Rep. Barney Frank, D-Mass., on the House Financial Services Committee chaired by Frank. Michael Paese, a registered lobbyist for the Securities Industries and Financial Markets Association since he left Frank’s committee in September, will join Goldman as director of government affairs, a role held last year by former Tom Daschle intimate, Mark Patterson, now the chief of staff at the Treasury Department.

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The incestuous relationship between Goldman Sachs and government is as bipartisan as it is seedy, but it is particularly noxious that GS would hire the former staffer of a man committed to destroying the free market.

I wonder if, like General Electric, Goldman has decided if it whores itself enough to the Democrats, the Democrats might keep it in bed with them.

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