Tester's Banking Committee staffer cashes out to K Street 

If Barack Obama signs a Wall Street "reform" this year, it will be one that Goldman Sachs and other leading financial institutions approve of. That's the way Washington works. One reason: many of the Wall Street lobbyists are former staffers for Democratic and Republican lawmakers -- and the current staffers want to join their pals on K Street or Wall Street.

At Clusterstock today, John Carney* has an on the ground report from the revolving door -- a leaked "it was a pleasure working with you" email from Sen. Jon Tester's (D-Mont.) banking and tax staffer, Jason Rosenberg ("Senior Economic Policy Advisor" was his official title):

Friends and Colleagues,

As some of you may know, I will be leaving the office of Senator Jon Tester (MT) this Friday, February 5, 2010. I have accepted a position with The Glover Park Group as a Vice President in the Government Affairs division starting on Tuesday, February 16.

It’s been an honor to work with Senator Tester and my colleagues over the past 2 ½ years and to have spent the past six years working in different capacities for members of the House of Representatives and U.S. Senate....

I am also looking forward to working with many of you in my new capacity....

Tester serves on the Senate Banking Committee. Glover Park Group is a Democrat-dominated lobbying firm whose clients include the American Bankers Association, the private equity firm Kohlberg Kravitz and Roberts, and accounting giant Ernst & Young.

*John Carney is my brother.

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Timothy P. Carney

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