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Muckety mover - The sure path from FCC chairmanship to an industry job

By Muckety

March 15, 2011 at 12:19pm
Muckety up

The latest example of the revolving door between regulating an industry and working for it: Michael K. Powell is the new president & CEO of the National Cable & Telecommunications Association.

Powell, son of Colin Powell, served as chairman of the Federal Communications Commission from 2001 to 2005.

This is a well-worn path. A presidential appointment to the FCC chairmanship is a guarantee of future, well-paid employment.

Charles Ferris, FCC chairman from 1977 to 1981, became a lobbyist for Cablevision. He’s an attorney at Mintz Levin, whose clients include the National Cable & Telecommunications Association.

Dennis Patrick became CEO of Time Warner Telecommunications after chairing the FCC.

Richard E. Wiley might be considered the trailblazer.

Wiley chaired the FCC from 1970 to 1977. He later founded the Washington law firm Wiley Rein, whose many prominent clients include the National Association of Broadcasters, CBS, SIRIUS XM Radio and Verizon Communications.

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