Attention

The opinions expressed by columnists are their own and do not represent our advertisers

Friday, July 15, 2011

Revolving Door Can Be Sqeaky

The beauty of a revolving door is that it can take you back where you started with little effort. But, it can also put you in a different place, and not necessarily a better place in the long run.

The term “revolving door” is commonly used when referring to public employees who leave their jobs to go work in the private sector. The opposite also occurs, thus the “revolving” metaphor, as in coming and going.

A recent state audit shows how the revolving door can be problematic. Two former managers of the State Highway Administration were found to be in potential violation of state ethics laws and Department of Transportation rules.

One employee apparently solicited funds from companies doing business with SHA. A senior manager was involved in awarding a $16 million contract to a firm for which he went to work 12 days after retiring from the agency, according to the audit. Ask any public lawmaker and they’ll tell you that the revolving door practice is long-standing and continues, despite the best efforts of governmental bodies to curtail it.

READ MORE …

2 comments:

Anonymous said...

Not what you but who you know.

Anonymous said...

Its the same in the private sector too.You have bank managers,approving shady loans with promises ensuring them jobs when they leave the banking bussiness, etc,