4 ms·
Would it work if we made the revolving door less attractive? For instance, could we pay the regulators enough for it to become attractive? Over time, maybe bei
by mruniverse 10y ago
Would it work if we made the revolving door less attractive?
For instance, could we pay the regulators enough for it to become attractive? Over time, maybe being a regulator will become the end goal of new grads.
- wldcordeiro 10y agoCombining higher pay with putting various legal limitations on people who move between the two sides to combat the conflict of interest would certainly help.
- hugh4 10y agoJudges typically get paid less than many of the lawyers who argue in front of them, but there's still plenty of lawyers who want to take a paycut to be judges, and not much action in the other direction. Why? Because judges have really high status.
- mruniverse 10y agoI was thinking that if the regulators are paid more, get a little more power (not sure if they already have enough power) and start to bust some bankers, get some publicity, then that might eventually lead to more status.
- ArkyBeagle 10y agoExcellent idea, but you run into the "ticket scalping is Bad" mentality.