Thursday, June 17, 2010
Yesterday I blogged about Senator Chuck Grassley's concern over the SEC's "revolving door" policy and expressed some personal skepticism that it's the SEC's problem. Today Dan Ernst (Georgetown) has posted on the Legal History Blog an exchange of correspondence between Justice Frankfurter and James Landis on the "revolving door policy." For these New Dealers, the problem was as real as it is now. In response to Landis' argument that restrictions on future employment would impede recruitment of the best attorneys, Justice Frankkfurter expressed a vision of a U.S. civil service equivalent to the British model, second in importance to none in matters affecting the public. Fascinating reading.