Regulatory Capture

Why isn’t this viewed as corrupt?

Meredith Attwell Baker will join Comcast as Senior Vice President of Government Affairs, NBCUniversal. Ms. Baker currently serves as a member of the Federal Communications Commission. Her current term at the Commission expires at the end of June 2011.

Kyle McSlarrow, President of Comcast/NBCUniversal for Washington, DC, said, “Commissioner Baker is one of the nation’s leading authorities on communications policy and we’re thrilled she’s agreed to head the government relations operations for NBCUniversal. Meredith’s executive branch and business experience along with her exceptional relationships in Washington bring Comcast and NBCUniversal the perfect combination of skills.”

To refresh you memory Ms. Baker was one of the commissioners who voted to allow Comcast to buy NBC.

This reminds me of something that Dan Rostenkowski once said: “Don’t take a bribe. Just show them your business card.”

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