Top Treasury Official Leaves For Lobbying Firm

source cannot be posted | 01 March 2010

[Lorianne]

The Treasury Department's leading liaisons to the Hill, Damon Munchus, is bailing out to go work for a financial services lobbying and consulting firm [Cypress Group].

Munchus was one of Treasury's chief negotiators with the House Financial Services Committee.

[Lorianne]

see link in post below

[Lorianne]

http://www.huffingtonpost.com/2010/03/01/top-treasury-official-lea_n_481102.html

[Lorianne]

Cypress is a five-year-old firm that specializes in telling banks and other investors what Treasury is up to and how they can best use that information to cash in. At the same time, a Cypress division is registered as a lobbyist on bank issues -- a kind of dual role that leaves it simultaneously telling clients how to exploit Treasury regulations and market-interventions, while lobbying for or against those regulations and interventions. It also does its own investing.

[Kansas58]

Rats

Sinking ship.

[blau993]

So there really is going to be a DC lobbyist by the name of “munch us”? As someone once famously remarked about former Justice Department doyenne Jamie Gorelick, “is her last name a name or a job description”?

[Dr. Bogus Pachysandra]

Hey! “Munchus” is my middle name!