In the revolving door derby, apparently a House Majority leader is worth less to Wall Street than a former SEC enforcement director or a US Department of Justice criminal prosecution chief. Eric Cantor joining Moelis & Co Former U.S. House Majority Leader Eric Cantor, credited with being a strong advocate for Wall Street interests, is joining Wall Street investment bank Moelis & Co (NYSE:MC) where an SEC filing shows he will receive $3.5 million after earning $193,400 last year as a Congressman. Eric Cantor’s primary election loss to little-known economics professor, Republican David Brat, who in part campaigned against Cantor’s Wall…
Eric Cantor Spins Through Wall Street's Revolving Door
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.