Arthur Levitt joins Goldman Sachs as an advisor.
Conspiracy theories about the interconnectedness of Wall Street and its Washington overseers aren’t hard to find these days, and for good reason. Throw a stone and it’s likely to land on someone who’s been through the revolving door between finance and its regulators. Usually it’s a one-way move — the longtime SEC lawyer who jumps the fence for the Wall Street payday, or the Wall Street titan that goes to the Treasury Department to “give back” to the country that has made him wealthy beyond his wildest dreams. Sometimes, though, the same person keeps going through that revolving door, ending up on a different side each time. Arthur Levitt is one such man.