CFTC Commissioner Jill Sommers, who is famous for voting in favor of TBTF bankers interests nearly 100% of the time has just announced her resignation from the CFTC.

In other news, The Vampire Squid and The Morgue are duking it out vying for an alumni to replace Sommers.

Full statement below:

 

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From the CFTC:

Commissioner Jill Sommers Announces her Resignation

Washington, DC – Today, Commissioner Jill Sommers made the following statement:

“As I prepare to leave the Commodity Futures Trading Commission I would like to acknowledge the hard work and dedication of my fellow Commissioners and the many talented staff with whom I have had the pleasure of working for the past five years. While many challenges remain in finalizing the implementation of the Dodd-Frank Act, I have every confidence that the American public will be well-served by their continuing efforts.”

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Last Updated: January 24, 2013

http://cftc.gov/PressRoom/PressReleases/pr6502-13

SD Bullion

 

  1. Good riddance and f*ck the CFTC… every single one of the commissioners has blood on their hands.  I hope they each get assassinated in the next world war; they’re all criminals. Bart included.

    • Bart seems to have good intentions or so we are supposed to believe. We will see if he is a man of his word very soon.
       
      Jill is leaving because there’s some new sheriffs in town. James Koutoulas and John L. Roe just got appointed and they are going to go after Jon Corzine.  Jill isn’t leaving because of the silver manipulation cover up.  She’s leaving town because these guys are going to go after her as well.  
       
      Every person on this site should follow and support James on Twitter. https://twitter.com/jameskoutoulas
       

    • Chilton is absolutely no different. He’s the nice guy-good cop, periodically answering emails without saying anything consequential, promising silver will be addressed. His line is ”wait, big stuff is brewing behind the scenes. Cant tell you about it at the moment”. Nothing is happening. The only thing happening at the CFTC is CFTC stalling.
      The CFTC Commisioners’ job, their goal, is to maintain the bankster-enabling status quo, without catching too much public flack. Thats how it is. Dont expect anything from Chilton, except more sociopathic regulatory corruption.

    • OK, Bart! It’s time to show if you’re a clown or not!
       
      “Bart Chilton, a Democratic commissioner at the agency, may take over Ms. Sommers’s role in the MF Global case.”

      And if you’re a true man, you trace the silver as your first job!

    • Nice link.
      Why wait 4 years to eternity for the CFTC’s bogus Silver Investigation? How about a CFTC investigation?

      The CFTC is ripe for an expose. 

      -CFTC Chairperson Brooksley Born, run out of town because she actually wanted to regulate derivatives. A woman with integrity, with the nations interest at heart. Replaced by these despicable sellouts.

      -Retiring CFTC Justice Painter tells how CFTC Chairperson Wendy Gramm told a new judge never to rule in favor of a plaintiff alleging manipulation.

      -Wendy Gramm wife of Phil Gramm of Gramm-Leach legislation responsible for banker deregulation, who Time Magazine called one of the 25 people most responsible for the Financial Crises.

      -Jill Sommers, (Jill-the-Shill) former lobbyist for CME COMEX and the International Swaps and Derivatives Association, now regulating commodities and derivatives. Are you kidding?? She bends over backwards to let Corazine of the hook, tries to disallow public comment on metals limits. This is nauseating.

      -Bart ”Shill-ton” Chilton, like the Simpsons cop, nothing to see hear move along. Talking head assuring everyone the silver investigation is coming along, fillibustering genuine silver inquiry, and responsible for enabling what Ted Butler calls a ”crime in progress”. 

      -Scott OMalia, always voting against regulation with Sommers. Whining about the CFTC’s appeal of Derivatives limitations.

      -Mark Wetjen. Banker apologist practically begging forgiveness from the ISDA in his speech that he has to regulate them.

      Gary Gensler. ?

      Email these Commisioners. Tell them how disgusting their behavior is. They wont be surprized.
      bchilton@cftc.gov
      jsommers@cftc.gov
      somalia@cftc.gov
      mwetjen@cftc.gov
      ggensler@cftc.gov
       

  2. this just in, bart chilton is sifting through his record collection of 70s and 80s rock n roll albums to effectively cobble together a series of lyrics in the form of a warm send off speech.
     
    I can smell the stench of corruption through the screen.

  3. Bruinjoe:  Do you really think that James Koutoulas and John L. Roe just got appointed and they are going to go after Jon Corzine ?
    Doubt it.
     
    Just a shuffling of the deck chairs on the Titanic.
     
    To keep things interesting for us unwashed ( and ignorant) masses.
     
     
     

  4. I smell a ” your going down with me if push comes to shove” pile of documentation has been compiled by her . Hence she is being allowed to go gracefully into that good night . perhaps move into a log cabin offgrid condo. Right to next to other favored salad tossing sycophants like Neil Cash n Carry.  

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