Is it appropriate to let a former board member of a Deutsche Bank investment fund go straight from there to a key position in the new European supervisory structure for banks? What's the problem with hiring people with strong links to financial corporations to monitor the big banks? Or to be part of decisions on whether measures to ensure financial stability should be imposed on them or not? And can they keep working in the financial sector at the same time? If you ask the European Central Bank, there is absolutely no problem with this scenario.
Attac Austria and Corporate Europe Observatory are today launching new 'wanted posters' about prospective members of the new European Commission, to expose details of their corporate backgrounds or other aspects of their careers which make them unsuitable to act as commissioner and promote the interests of 500 million European citizens.
The EU Commissions' proposals on "regulatory cooperation" poses a threat to regulation that protect our healt, the environment and our welfare - and they are a threat to democracy. Read the beginners guide to regulatory cooperation from Corporate Europe Observatory, LobbyControl and Friends of the Earth Europe.