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Bart Chilton Joins America's Largest Law Firm As Policy Advisor

Tyler Durden's picture




 

It seems like it was only yesterday (actually it was early November) when infamous CFTC commissioner, legendary threat to gold manipulators nowhere, and Alexander Godunov impersonator, Bart Chilton made a very dramatic exit stage left.

Here is what we said at the time:

Having "left traders in their own" during the shutdown, Chilton expressed "excitement" at his new endeavours after sending his resignation letter to President Obama this morning (more poetry? - or body doubles?) "I'm reminded of the old Etta James song, 'At Last,'" said Mr. Chilton, one of the agency's three Democratic members. "At last, we've got this rule here," and at last, he would be leaving the CFTC. This leaves us wondering whether Chilton, no longer burdened by the shackles of his meagre compensation, perhaps can finally do what he has been promising to do for years - become a whistleblower - after all he has insinuated so many times he knows where all the "dirt" is; unless, of course, it was all for show.

The rhetorical answer to the rhetorical question: of course it was all for show, confirmed moments ago when Chilton became just the latest "regulator" to take the great revolving door out of a worthless public service Washington office into a just as worthless, but much better paying private-sector Washington office. Presenting the latest employee of DLA Piper, the largest law firm in the US, and possibly the world, by number of partners - Bart Chilton, poet.

From DLA Piper.

Former CFTC Commissioner Bart Chilton joins DLA Piper as senior policy advisor in Washington, DC

 

DLA Piper announced today that former Commodity Futures Trading Commission Commissioner Bart Chilton is joining the firm on April 15 as a senior policy advisor in the Washington, DC, office.

Commissioner Chilton’s 30-year career in government service includes working in the US Congress and serving in the executive branch during the Clinton, Bush and Obama administrations. He has extensive experience in the development and debate of major public policy related to the financial services industry, including significant market and regulatory changes impacting the full spectrum of derivatives users.

 

Commissioner Chilton was nominated and confirmed as a CFTC Commissioner during the Bush and Obama Administrations (2007 and 2009), and he chaired the CFTC’s Energy and Environmental Markets Advisory and Global Markets Advisory committees. His tenure was marked by landmark efforts to assist industry participants with the myriad requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, which created a complex regime for the regulation of the swaps marketplace.

 

Bart will bring unmatched experience and insight as one of the commissioners who oversaw the enactment and implementation of Dodd-Frank,” said Jay Smith, chair of DLA Piper’s US Corporate and Finance practice. “With many of the key derivatives requirements now coming to fruition, Bart will be an invaluable resource for clients who will be subject to increased regulation over the next few years.”

 

In 2008, Commissioner Chilton led the Obama Transition Team with regard to the US Department of Agriculture. Prior to joining the CFTC, in 2005, he was a Schedule C political appointee of President Bush at the US Farm Credit Administration. From 2001 to 2005, Commissioner Chilton was a senior advisor to Senator Tom Daschle, who is currently a senior policy advisor at DLA Piper.

 

From 1995-2001, Commissioner Chilton was a Schedule C political appointee of President Clinton, where he rose to deputy chief of staff to US Secretary of Agriculture Dan Glickman. Earlier in his career, Commissioner Chilton worked in the US House of Representatives, where he served as legislative director for three different members of Congress and as the executive director of the bipartisan Congressional Rural Caucus.

 

“The addition of Bart will enhance the capabilities and visibility of our global swaps practice, as well as our access to other key decision-makers with regard to recent rulemaking,” added Marc Horwitz, head of DLA Piper’s Derivatives practice. “In addition to providing his unique insight on Dodd-Frank, Bart will assist our cross-border team in navigating thorny issues surrounding equivalency with comparable regulations that are being enacted in other jurisdictions.”

Yes, we did harbor hopes that Chilton could actually become a whistleblower. But the prospect of living in the apartment below Snowden collecting nothing while actually doing some real work for the first time in his life, surely seemed far less apetizing than sitting in a glass corner office at 500 Eighth Street, NW, collecting over a million a year for doing nothing.

Appropriately enough, the DLA press release concludes with the following.

Commissioner Chilton is also the author of Ponzimonium: How Scam Artists Are Ripping Off America, a consumer education book published by the CFTC.

So, in retrospect, a non-fiction autobiography too?

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Mon, 04/14/2014 - 22:33 | 4659341 Deathrips
Deathrips's picture

That mother fucker better do something for the people he was supposed to protect, or theres a lamppost with his name on it.

 

Piece of shit!!!

 

RIPS

Mon, 04/14/2014 - 22:33 | 4659346 kliguy38
kliguy38's picture

too funny and I'm sure Bart has earned his new position with his "work"

Mon, 04/14/2014 - 22:35 | 4659356 Pladizow
Pladizow's picture

Whores will be whores!

Mon, 04/14/2014 - 22:37 | 4659360 gmrpeabody
gmrpeabody's picture

Didn't he star in "The Nightmare Before Christmas"?

Mon, 04/14/2014 - 23:04 | 4659446 Stackers
Mon, 04/14/2014 - 23:44 | 4659524 strannick
strannick's picture

As retiring CFTC Judge Painter told us in 2011, and as the retiring SEC lawyer told us two weeks ago, these regulatory bodies exist to thwart regulation, and the corrupt regulators then move to private practice from their corrupt agencies, to further demonstrate how to evade and exploit regulation. Bart Chilton was a liar extrordinaire, pretending sympathy for justice seekers, while bamboozling and filibustering genuine regulation to the benefit of WallStreet. I can't think of anyone who more perfectly embodies the face of the Democratic Party. He is the heehaw donkey in Farah Fawcets wig. His coiffuered gorgeous hair is just the icing on the turdcake.

Tue, 04/15/2014 - 00:15 | 4659593 Buckaroo Banzai
Buckaroo Banzai's picture

These bodies are not designed to thwart regulation, rather, they are designed to create the illusion of regulation. Markets rely on informational asymmetries to function properly, which makes them inherently unregulable. But that fact makes the sheeple scared, and you can't shear the flock when it has been spooked. So the kabuki theater of "regulated" and "supervised" markets is created, and the sheep are herded into their pens.

Tue, 04/15/2014 - 04:16 | 4659788 Manthong
Manthong's picture

goldliocks worked for Daschle..

what the f' else do you need to know?

'scept it's rigged.

geez, maybe even this crowd does not understand this.

Tue, 04/15/2014 - 07:08 | 4659899 GetZeeGold
GetZeeGold's picture

 

 

A pox on DLA Piper's house.

 

They couldn't afford Blythe Masters?

Tue, 04/15/2014 - 07:45 | 4659961 quasimodo
quasimodo's picture

Daschle, another fucking midget who needs an ass kicking


Tue, 04/15/2014 - 08:40 | 4660085 Manthong
Manthong's picture

not necessarily a midget in the story.. understand that.. why he phased out, and his wife's  work..

and then the  story becomes more clear.

follow the money.

Tue, 04/15/2014 - 10:09 | 4660635 SWRichmond
SWRichmond's picture

Bart's example is exactly why I don't trust Eliz Warren.

Tue, 04/15/2014 - 10:52 | 4660906 Manthong
Manthong's picture

same m.o.

Tue, 04/15/2014 - 00:14 | 4659590 hungrydweller
hungrydweller's picture

Fuck off shitcoin apologist

Mon, 04/14/2014 - 22:37 | 4659364 Kaiser Sousa
Kaiser Sousa's picture

and ho's will be hoe's....

FUCK YOU BART CHILTON...

i used to telll him that in emails...

Tue, 04/15/2014 - 18:11 | 4663022 Monty Burns
Monty Burns's picture

I think you're allwrong about Bart.  After all his wiki entry assures us  that 'he has exposed manipulation practices in commodities markets and gone on record as wanting to prosecute violations of law, which he believes have taken place in the silver market.'

 Also says he went into this business 'to look out for the little guy'.

 Seems a most admirable individual to me (shakin' ma haid....)

Mon, 04/14/2014 - 22:37 | 4659365 NoDebt
NoDebt's picture

The Tylers forgot to include a Lord Vigo image from Ghostbusters II:

http://www.thegreenhead.com/2013/03/lifesize-vigo-carpathian-replica-pai...

Mon, 04/14/2014 - 22:42 | 4659383 i_call_you_my_base
i_call_you_my_base's picture

Good call.

Tue, 04/15/2014 - 06:26 | 4659883 MillionDollarBoner_
Tue, 04/15/2014 - 07:35 | 4659946 GetZeeGold
GetZeeGold's picture

 

 

Silence of the lambs evil guy...

http://www.youtube.com/watch?v=yNeQm5aqrHo

Tue, 04/15/2014 - 08:58 | 4660198 superflex
superflex's picture

.

 

Tue, 04/15/2014 - 08:56 | 4660208 superflex
superflex's picture

Keyrock, Unfrozen Caveman Lawyer

"Ladies and gentlemen of the jury.  I'm just a caveman.

Your world frightens and confuses me"

 

Mon, 04/14/2014 - 22:50 | 4659408 Xibalba
Xibalba's picture

Everyone has a price.  And this one came cheap. 

Mon, 04/14/2014 - 23:18 | 4659495 TammanyBrawl
TammanyBrawl's picture

Incestuous whores at that.

Mon, 04/14/2014 - 22:34 | 4659353 Ignatius
Ignatius's picture

Bart always asked the most difficult questions, and did absolutely nothing with it.

Tue, 04/15/2014 - 02:25 | 4659743 Schmuck Raker
Schmuck Raker's picture

Yeah, but without a 'popular' uprising, we're all just targets on a dronangel map......

Mon, 04/14/2014 - 22:32 | 4659342 LetThemEatRand
LetThemEatRand's picture

The problem summed up in one article and a few pictures, especially the IMF witch.  The IMF is the root from which grows the tree of NWO.   Good luck with your new "career," Bart.  Thanks for doing so well upholding the Constitution and faithfully serving blah blah blah.

Mon, 04/14/2014 - 22:33 | 4659344 Atomizer
Atomizer's picture

Business in the front, party in the back. 

Mon, 04/14/2014 - 22:35 | 4659357 i_call_you_my_base
i_call_you_my_base's picture

It's more of a small get together.

Mon, 04/14/2014 - 23:04 | 4659449 HungryPorkChop
HungryPorkChop's picture

I'm sure he got a cushy $500,000 year job for ignoring the most obvious manipulation in American history.  What a scam!!

Tue, 04/15/2014 - 06:17 | 4659824 Cacete de Ouro
Cacete de Ouro's picture

"My timing depends on what is being done at the CFTC. I hope the agency will say something next week."

True story. Bart frets about whether he will be forced to honour his promise to comment on the silver market...turns out, the CFTC didn't day anything, not that they would have, but Bart didn't say anything either and he broke his promise.

What's odd is that he pretended that he was going to do something, and never did anything. Like someone who says I'll give up smoking tomorrow, but has no intention of doing so.

Mon, 04/14/2014 - 22:37 | 4659362 Seasmoke
Seasmoke's picture

This cannot continue much longer.

Mon, 04/14/2014 - 22:53 | 4659415 Keyser
Keyser's picture

As anyone knows that has dealt with addiction, the abuse will continue until the drugs are removed. In this case, zero rates and a free-flowing monetary policy. 

Mon, 04/14/2014 - 22:54 | 4659416 NoDebt
NoDebt's picture

I have 20 Federal Reserve Notes that says it can.  

Mon, 04/14/2014 - 23:48 | 4659549 Colonel Klink
Colonel Klink's picture

I'll see your 20 fiatcos and raise you 20 sheets of toilet paper.

Mon, 04/14/2014 - 22:38 | 4659368 hangemhigh77
hangemhigh77's picture

Bart and his Hair is baaaack.  You can't get rid of these fucking clowns, they just keep recycling them.  We really need to start hanging these assholes to get the fuck rid of them.

Mon, 04/14/2014 - 22:38 | 4659369 gimli
gimli's picture

I really thought he'd become a spokeman for L'oreal ..... I'm very disappointed

Mon, 04/14/2014 - 23:13 | 4659480 NotApplicable
NotApplicable's picture

Why not both?

Mon, 04/14/2014 - 23:21 | 4659502 gimli
gimli's picture

If only he could my friend --- do you realize the manpower and the length of time it takes

to get it to look like that? He'd need a staff larger than Michelle's to make that happen.

Mon, 04/14/2014 - 23:15 | 4659486 HungryPorkChop
HungryPorkChop's picture

+1.  That's funny. 

Mon, 04/14/2014 - 22:39 | 4659372 hangemhigh77
hangemhigh77's picture

Geez, that pic of LaGrad REALLY shows how fucking insane that bitch is.

Mon, 04/14/2014 - 23:15 | 4659487 TammanyBrawl
TammanyBrawl's picture

Her and Boehner use the same tanning salon.

Tue, 04/15/2014 - 03:58 | 4659800 Intoxicologist
Intoxicologist's picture

That skin tone is referred to as "whorange."

Tue, 04/15/2014 - 07:06 | 4659903 GetZeeGold
GetZeeGold's picture

 

 

When we have installed our Oompa Loompas into the highest positions of governments.....we shall take over the world.

 

Resistance is futile.

Mon, 04/14/2014 - 22:40 | 4659376 Charles Nelson ...
Charles Nelson Reilly's picture

"I work hard on this hair, everyday, other than that I don't too much" - Ashley Schaffer aka Bart Chilton

Mon, 04/14/2014 - 22:43 | 4659382 Seasmoke
Seasmoke's picture

And in celebration of this wonderful news, Silver is getting hammered down

Tue, 04/15/2014 - 07:50 | 4659967 quasimodo
quasimodo's picture

Naturally

 

Mon, 04/14/2014 - 22:45 | 4659393 HardAssets
HardAssets's picture

Well ya just might come to the conclusion that the current big biz/government system is corrupt from top to bottom with articles like this.

Tell us it ain't so !

Mon, 04/14/2014 - 22:45 | 4659394 Yen Cross
Yen Cross's picture

   "Living in an apartment under Snowden." lmao

Mon, 04/14/2014 - 22:45 | 4659395 Dr. Venkman
Dr. Venkman's picture

no wonder he felt comfortable there with the managing partner:

http://www.dlapiper.com/en/us/people/k/kelly-stasia/

Do NOT follow this link or you will be banned from the site!