(1)
Bloomberg:
The U.S. Securities and Exchange Commission named Adam Storch, a 29-year-old from Goldman Sachs Group Inc.’s business intelligence unit, as the enforcement division’s first chief operating officer.
Storch, who joined the SEC Oct. 13, was named to the newly created post of managing executive in the enforcement unit, charged with making the division more efficient, the SEC said today in a statement. At New York-based Goldman Sachs, he had worked since 2004 in a unit at (sic) that reviewed contracts and transactions for signs of fraud.
So yet another Goldman alum moves into a key financial sector government job.
Does Goldman also have a shadowy unit called A-to-Z Economy Management?
(2)
Q: Why did they hire a 29-year-old to be chief operating officer of the SEC’s enforcement division?
A: No older person from Goldman Sachs had applied.