NY regulator has friends, foes after bank deal

Associated Press ^ | 19 Aug. 2012 2:13 PM ET | Michael Vertanen

[Olog-hai]

New York financial regulator Benjamin Lawsky, an Ivy League ex-prosecutor and top lieutenant to Gov. Andrew Cuomo, shook a record $340 million settlement this week from a major British bank accused of money-laundering for Iran, earning both praise for his aggressive approach and criticism from those who saw it as a publicity grab.

Despite the sniping from banks, other regulators and the financial press, ex-colleagues said the 42-year-old married father of two is unlikely to back off. Like others in the Cuomo administration, he's a team player who works in concert with the popular Democratic governor who appointed him. …

The Wall Street Journal said in an editorial that other U.S. investigations have been under way for a long time, and Lawsky's "main contribution seems to have been to jump the queue so he could get a big publicity score."

Lawsky declined several requests for interviews. …

[OldEarlGray]

[Despite the sniping from banks, other regulators and the financial press, ex-colleagues said the 42-year-old married father of two is unlikely to back off.]

{APPLAUSE!}

SHACKLE the JACKALS!

[publius911]

Te only source of criticism that I can think of are two.
The first is the Koranimals themselves, who are deprived of funds for further mass murder.
The other are the Koranimal sympathizers or ignorant feel-good doofuses, who all hope to drag out any consequences for decades, and eventually just go away.

I love happy endings!