N.Y. Financial Services Deputy Superintendent Wrynn to Join Law Firm

February 10, 2012

  • February 11, 2012 at 7:14 am
    Systemic risk says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    What a wonderful puff piece for Mr. Wrynn. What really is happening, is that this former “regulator” has now moved to a politically connected law firm, so that he can lobby the same entities that he had power over. It is now time for the revolving door pay day for Mr. Wrynn.
    Mr. Wrynn had a glorious leadership role at the SIF which has bankrupted this state by massive payouts that are unsustainable & that have assisted in destroying what remains of NYS industrial base.
    SIF has also unfairly competed with the private WC insurers, forcing them out of NYS or forcing them to curtail writings which have increased costs for companies in NYS at at time where many firms are struggling.
    Finally the article pumps Mr. Wrynn’s international experience with
    Solvency II. This is a ridiculous scheme that is dead on arrival & is simply a cover up for the insolvency of world banks, institutions like Goldman Sachs & sovereign borrowers. When Europe
    implodes from the ponzi of the insolvent trying to bail out the insolvent, we will see how well these plans work out for the world economy.



Add a Comment

Your email address will not be published. Required fields are marked *

*