Neoliberalism’s revolving door

Well, guess what? The former Head of the NSA has found a lucrative retirement deal.

As the four-star general in charge of U.S. digital defenses, Keith Alexander warned repeatedly that the financial industry was among the likely targets of a major attack. Now he’s selling the message directly to the banks.

Joining a crowded field of cyber-consultants, the former National Security Agency chief is pitching his services for as much as $1 million a month. The audience is receptive: Under pressure from regulators, lawmakers and their customers, financial firms are pouring hundreds of millions of dollars into barriers against digital assaults.

Alexander, who retired in March from his dual role as head of the NSA and the U.S. Cyber Command, has since met with the largest banking trade groups, stressing the threat from state-sponsored attacks bent on data destruction as well as hackers interested in stealing information or money.

“It would be devastating if one of our major banks was hit, because they’re so interconnected,” Alexander said in an interview.

Nice work if you can get it. First of all you use your position in the state bureaucracy to scare the shit out of banks. Then you pitch your services as the guy who can help them escape Nemesis.

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