New SEC COO Adam Storch

Adam Storch is the new COO that the SEC selected due to his experience as a Goldman Sachs executive.  At the age of 29, I’m sure that he has tons of real-world experience to be a top rate government servant.  He’s been touted as having “a great deal of background” in technology and managing processes.”  He’s not particularly web-savvy given the screenshot for his support of Bill Clinton in 2008!  I’m sure it was tongue-in-cheek, but that doesn’t help his credibility in my mind of having a lot of experience.  It seems more in line with what a college student might have on their website.

Government never seems to desire older, more mature leaders.  Perhaps it’s because I’m getting older and am in my mid-30’s that I don’t consider anyone in their 20’s as having sufficient real-life experience to do the job justice.  I’m also worried about the amount of influence that Goldman Sachs executives have in the government right now.  Goldman Sachs was a huge recipient of funds from the AIG bailout.  The amount of taxpayer funds that have helped keep that industry afloat is not my favorite topic…it gives me a lot of heartburn.  Those leaders that caused the problem are now promoted throughout the government.  It sure looks like a case of favoritism and cronyism.


You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

AddThis Social Bookmark Button

Leave a Reply

You must be logged in to post a comment.