Further corroding trust and confidence in government and government officials, another senior government official takes his turn through the highly lucrative revolving door onto Wall Street:Former Republican House Majority Leader Eric Cantor (R-VA), who stunningly lost a recent primary election largely due to his cozy ties to Wall Street, has landed a top job on Wall Street for millions of dollars a year. His new employer said Cantor was hired to “advise corporate and investor clients on takeovers and other deals” even though he has virtually no finance experience, other than collecting and cashing many large Wall Street campaign contribution checks to him and Wall Street’s other political allies.
