Robert Wenzel over at Economic Policy Journal points out that the new head of the Commodity Futures Trading Commission is Gary Gensler, who spent 18 years at Goldman Sachs as co-head of finance.

He also  has a nice hat-tip to me for spotting Roubini’s insider status first. Well, I did spot it first, but it wasn’t hard to do.  His bio on wiki has the links. You’d just need to think of looking at it. What are the chances that policy wonks who go to the same schools, attend the same conferences, live in the same neighborhood and work at the same places are going to to be “independent”?

From Wenzel:

More and more the picture that is emerging of Roubini is that of a major insider. Writes The New Republic: He has a

…swelling portfolio of clients–the World Bank, IMF, 50 central banks,and 30-odd finance ministries among them….”